This bill improves Utah’s regulatory sandbox by streamlining applications, restructuring the sandbox advisory committee, and requiring agencies to suggest regulatory reform.
Regulatory sandboxes are a solution that Libertas Institute has researched extensively, and we stand ready to help your state pursue this reform opportunity. For groups or legislators in other states looking to work on the issue, we’d love to help.
Regulatory sandboxes are a solution that Libertas Institute has researched extensively, and we stand ready to help your state pursue this reform opportunity as we have with Ohio.
As the Utah courts and Utah legislature review the results of the regulatory sandbox and consider continuing to fund and support the program, the data should not be drowned out by hypotheticals and political rhetoric.
Running a business is hard. But running a business in an uncertain regulatory environment can be near impossible. For better or worse, some of the laws and regulations at the state and federal levels can be hindrances to innovation and consumer welfare.
Utah led the U.S. in job creation in the last economic expansion (2009-2020), an unrecognized achievement that should generate a discussion amongst policymakers.
