Bill > SB245

This bill establishes a Regulatory Sandbox Program to help innovative businesses test new products, services, or business models with temporary regulatory relief in Pennsylvania. The bill creates three key entities: the Regulatory Relief Office (housed in the Governor's Office), a Regulatory Sandbox Program Advisory Committee, and the Regulatory Sandbox Program itself. The program allows businesses to apply to demonstrate innovative offerings for up to 24 months, during which certain state regulations may be temporarily waived or suspended, provided the business meets strict consumer protection requirements. Applicants must disclose potential risks to consumers, maintain detailed records, and submit regular reports. The office will review applications in consultation with relevant state agencies, with a focus on protecting consumer health, safety, and financial well-being while also encouraging innovation. Participants must fully disclose their experimental status to consumers and remain subject to federal laws and criminal statutes. The program aims to help businesses test new technologies and business models, potentially leading to recommendations for regulatory reforms, with an annual report to be submitted to the General Assembly detailing the program's outcomes and insights.

Government Affairs

https://www.legis.state.pa.us/cfdocs/billinfo/bill_history.cfm?syear=2025&sind=0&body=S&type=B&bn=245