AN ACT relating to sales and use tax exemptions for bullion and currency.

HB 179 amends Kentucky's tax code to exempt bullion (like gold and silver coins/bars) and physical currency from sales and use taxes starting August 1, 2024. This directly affects businesses selling bullion or currency (such as coin dealers or banks) and their customers purchasing these items. The bill adds these items to the existing list of tax-exempt goods under KRS 139.480, meaning buyers will no longer pay state sales tax on these transactions. The change applies only to tangible bullion and physical money, not to other financial instruments.