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.

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.