The state must be forward-looking as we recover from COVID-19, and ensure we cultivate an economy that can allow small and large businesses alike to thrive for decades to come. That is where a “regulatory sandbox” can be both a useful and powerful tool.
This bill creates an all-inclusive regulatory sandbox so innovative companies and business models can be shielded temporarily from punishment for coming into conflict with outdated laws or regulations.
If the COVID-19 pandemic has taught us anything, it’s the importance of having the ability to adapt in the face of rapidly evolving events and public needs. Unfortunately, the crisis has illustrated how inept many government institutions are in this regard.
A year has passed since the Utah Supreme Court initially green lighted a legal services sandbox in the state—a first-in-the-nation endeavor. The program is now up and running, with the Court recently establishing the regulatory sandbox pilot program.
Last week, the court unanimously approved a first-in-the-nation pilot program to expand access to legal help by allowing Utahns to begin offering non-traditional legal services.
