AN ACT relating to the sale or exchange of currency or bullion.

HB 625 amends Kentucky tax law to exclude capital gains and capital losses from the sale or exchange of currency or bullion from taxable income. This change applies to Kentucky taxpayers starting in 2026, meaning transactions involving physical currency (like coins or paper money) or precious metals (like gold or silver bullion) will not affect their state tax liability. The bill specifically targets these financial transactions by removing them from the calculation of adjusted gross income under Kentucky law. This is a technical tax code adjustment with no direct impact on other types of investments or income.