IA
Iowa House Bill HF2106

Iowa 2023-2024 Regular Session

Iowa House Bill HF2106

Introduced
1/23/24  
Introduced
1/23/24  

Caption

A bill for an act providing for a regulatory relief program.

Impact

The regulatory relief program set forth in HF2106 establishes clear guidelines for businesses to enter into a demonstration period lasting up to twelve months. During this time, businesses can trial their innovative offerings in a regulatory protected environment. While the businesses will be exempt from certain regulations as specified in a written agreement with the regulatory office, safeguards are included to ensure consumer protection and proper oversight during the demonstration period. Importantly, essential laws designed to protect consumer rights and public safety remain enforceable; for example, no waivers can be made regarding taxes or fees administered by the department of revenue.

Summary

House File 2106 introduces a regulatory relief program aimed at facilitating business innovation by allowing companies to showcase new offerings without the typically mandated licensing or regulatory autorization that would usually be required. This program is designed to foster economic growth while minimizing bureaucratic hindrances. A dedicated regulatory relief office will oversee the program, which is tasked with liaising between businesses and state agencies to identify regulations that might be amenable to suspension during the demonstration phase. This initiative reflects an increasing trend towards prioritizing entrepreneurial freedom and business experimentation in state economic policies.

Contention

Despite the benefits of reducing regulatory barriers for businesses, the bill does not come without contention. Critics might argue that the program could jeopardize consumer safety if regulations are inadequately enforced or if businesses take advantage of the relaxed oversight. Moreover, the selection process for which businesses qualify for this program and the ability for state agencies to deny applications raises concerns about fairness and transparency. Opponents may also question whether this legislative approach could undermine existing regulations established to protect consumers in favor of an overzealous promotion of business interests.

Companion Bills

No companion bills found.

Previously Filed As

IA HF85

A bill for an act providing for a regulatory relief program.

IA HB264

AN ACT relating to regulatory relief.

IA SB633

Establishing the Regulatory Sandbox Program, the Regulatory Relief Office and an advisory committee; and providing for their powers and duties.

IA SB245

Establishing the Regulatory Sandbox Program, the Regulatory Relief Office and an advisory committee; and providing for their powers and duties.

IA HB2291

Creating the regulatory relief division within the office of the attorney general and establishing the general regulatory sandbox program to waive or suspend rules and regulations for program participants.

IA SB541

Creating the regulatory relief division within the office of the attorney general and establishing the general regulatory sandbox program to waive or suspend rules and regulations for program participants.

IA HB1165

Regulatory sandbox program and right to start act.

IA HB2821

Creating the regulatory relief division within the office of the attorney general and establishing the general regulatory sandbox program to waive or suspend state statutes and rules and regulations for program participants.

IA H5717

Establishes a Regulatory Sandbox program designed to provide a depository for ideas in a regulatory approach.

IA HB0091

Utah Office of Regulatory Relief Revisions

Similar Bills

IA HF85

A bill for an act providing for a regulatory relief program.

IN HB1330

Sandbox legislation.

IN HB1345

Waiver of requirements for new businesses.

RI H5844

Universal Regulatory Sandbox Act

PA SB633

Establishing the Regulatory Sandbox Program, the Regulatory Relief Office and an advisory committee; and providing for their powers and duties.

KS HB2291

Creating the regulatory relief division within the office of the attorney general and establishing the general regulatory sandbox program to waive or suspend rules and regulations for program participants.

PA SB245

Establishing the Regulatory Sandbox Program, the Regulatory Relief Office and an advisory committee; and providing for their powers and duties.

KS SB541

Creating the regulatory relief division within the office of the attorney general and establishing the general regulatory sandbox program to waive or suspend rules and regulations for program participants.