Sen. Mike Lee (R-UT) introduced the PIONEER Act, which would create the first federal regulatory sandbox in the US. Here's what's in the bill.
Instead of three or four sandboxes with different oversight, operating requirements, and administrative capabilities, all the innovative products and services across Utah's broad economy will now be overseen by a single sandbox...
If regulations are what's holding back your great business or product idea, come play in Utah's universal sandbox.
In just a few quick seconds you can do something powerful to help entrepreneurs avoid bureaucratic red tape.
Limited and Open Government
After all, the stated purpose of the Lehi cannabis regulation is “to protect the health, safety and welfare of the general public”. Which makes you wonder, how exactly does a ban on drive-thrus accomplish that?
The reality is,...
As applied to legal systems, a regulatory sandbox is an approach where a company can offer its products and services under the suspension of a particular law or regulation that might have otherwise inhibited it — and the concept...