Regulatory Sandboxes in Your State

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IMPLEMENTED

  • In 2024, Senator Travis Fitzwater sponsored Senate Bill 894, which established a universal sandbox, and included Senator Denny Hoskins' universal sandbox bill. To learn more about the state's zero to one hundred approach on sandboxes, check out our post. 

INTRODUCED

  • In 2024, Representative Alex Riley introduced House Bill 1960, which would establish a universal sandbox.
  • In 2023, Senator Travis Fitzwater introduced Senate Bill 69, which would have established a universal sandbox. 
  • In 2023, Senator Denny Hoskins sponsored Senate Bill 3, which sought to establish a universal sandbox. 
  • In 2023, Representative Alex Riley sponsored House Bill 268, which would have established a universal sandbox.
  • In 2022, Senator Denny Hoskins sponsored Senate Bill 807, which would have established a universal sandbox. 
  • In 2022, Senator Eric Burlison introduced Senate Bill 968, which would have established a universal sandbox.
  • In 2022, Senator Denny Hoskins introduced Senate Bill 1068, which would have established a universal sandbox. 
  • In 2022, Senator Andrew Koenig introduced Senate Bill 931, which sought to establish a universal sandbox. 
  • In 2022, Representative Alex Riley sponsored House Bill 2587, which sought to establish a universal sandbox.

What is a Regulatory Sandbox?

In short, a regulatory sandbox is a set of rules that allow businesses, usually within a specific industry, to test themselves in the market for a set period of time — generally two to three years — without being subject to any particular set of regulations. This is especially helpful to new businesses with innovative products, services, and/or business models that don’t neatly fit into a single industry. At the end of that set time period, the business and its results are evaluated to determine what, if any, regulations should apply to it.

Interested?

Libertas Institute is the national pioneer in regulatory sandboxes, helping Utah pass the country’s first all-inclusive regulatory sandbox—benefitting businesses in every industry. This broad proposal is the culmination of a years-long effort we’d love to share with you so you can consider the optimal strategy and timeline for your state.

Interested in learning more about regulatory sandboxes and getting in touch?

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