Establishes a regulatory relief program to allow businesses to demonstrate innovative offerings without certain licenses.
The bill creates a regulatory relief program administered by a regulatory relief office. Businesses can apply to participate in the program to demonstrate an innovative offering without obtaining a license or other authorization. The program allows temporary waivers or suspensions of certain state laws and regulations for a 12-month demonstration period. The regulatory relief office reviews applications and enters into written agreements with approved participants. The program includes reporting and disclosure requirements for participants.
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- Core Provisions
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- Impact
- Legal Framework
- Critical Issues
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