Bill > HB1606

This bill establishes the Regulatory Sandbox Act, which creates a program allowing businesses to temporarily demonstrate innovative products or services with temporary waivers or suspensions of certain state regulations. The bill provides extensive definitions for key terms, including specifying what constitutes an "innovative offering" - which now explicitly excludes artificial intelligence and cryptocurrency applications. The regulatory sandbox program, administered by the Department of Economic Development's regulatory relief office, will allow approved participants to test new products or services under controlled conditions. Importantly, the bill defines "innovation" broadly as the use of new ideas, emerging technologies, or new applications of existing technologies. The bill also carefully defines terms like "product", "service", and "production" to provide clear boundaries for the program. A specific advisory committee will oversee the sandbox program, and participants may be subject to multiple regulatory agencies during their demonstration period. The bill explicitly excludes professional registration divisions from being considered an applicable agency, and places restrictions on services that could impact utility rates or system safety.

https://house.mo.gov/Bill.aspx?bill=HB1606&year=2025&code=R