LEGISLATIVE SERVICES AGENCY
OFFICE OF FISCAL AND MANAGEMENT ANALYSIS
200 W. Washington, Suite 301
Indianapolis, IN 46204
(317) 233-0696
iga.in.gov
FISCAL IMPACT STATEMENT
LS 6303 NOTE PREPARED: Jan 25, 2022
BILL NUMBER: HB 1330 BILL AMENDED: Jan 25, 2022
SUBJECT: Sandbox Legislation.
FIRST AUTHOR: Rep. Miller D BILL STATUS: CR Adopted - 1
st
House
FIRST SPONSOR:
FUNDS AFFECTED:XGENERAL IMPACT: State & Local
XDEDICATED
FEDERAL
Summary of Legislation: This bill establishes a regulatory sandbox program.
Effective Date: July 1, 2022.
Explanation of State Expenditures: (Revised) Indiana Economic Development Corporation (IEDC): The
fiscal impact of the Regulatory Sandbox Program may begin in FY 2023. The bill creates a Regulatory Relief
Office within the Indiana Economic Development Corporation (IEDC). The Regulatory Relief Office may
collect an application fee from applicants. The applicant fee may offset the administrative costs.
Regulatory Relief Advisory Committee: The bill establishes a Regulatory Sandbox Program Advisory
Committee consisting of 11 members. The advisory committee could include up to six members who may
be entitled to per diem and reimbursement for traveling expenses. The two legislative members receive their
legislative pay. Expenditures related to the advisory committee will depend on the number of meetings held,
but the committee must meet at least quarterly.
(Revised) Legislative Services Agency: The bill requires the executive director of the Legislative Services
Agency to distribute results and suggestions compiled from a Regulatory Relief Office web page to the
General Assembly.
Applicable Agencies: A department or agency of the state that, by law, regulates business activity that the
IEDC determines affects a sandbox participant may consult with the Regulatory Relief Office and the
Regulatory Relief Sandbox Program Advisory Committee. An agency would be required to report to the
Regulatory Relief Office whether temporally waiving licensure, regulations, or laws would pose a significant
HB 1330 1 risk to consumers.
Additional Information - The Regulatory Relief Office will act as a liaison between businesses and applicable
agencies to identify state laws or regulations that could potentially be waived or suspended under the sandbox
program. This could involve suspending or waiving licensure requirements, rules, and criminal offenses. The
exemptions would be defined in the agreement between the Regulatory Relief Office and the applicant. The
agreement lasts for one year.
The bill requires the Secretary of Commerce to submit an annual report in electronic format not later than
October 1, each year to the General Assembly. The bill also requires the Regulatory Relief Office to create
and maintain a web page on the IEDC web site that invites residents and businesses in the state to make
suggestions regarding laws and regulations that could be modified or eliminated to reduce the regulatory
burden of residents and businesses in the state.
Explanation of State Revenues: The applicant may pay fees to the Regulatory Relief Office when they
submit an application. The bill is silent on the amount of the fee. The bill could also reduce revenue
associated with agency and licensure fees, and, depending on the agreement, criminal fines. [The agreement
can not waive taxes, fees, or charges imposed under Title 6 of the Indiana Code.]
Explanation of Local Expenditures:
Explanation of Local Revenues: The bill could potentially reduce revenue to local units if the Regulatory
Relief Office waives a fee where the revenue is distributed to a local unit.
State Agencies Affected: Indiana Economic Development Corporation; All regulatory agencies.
Local Agencies Affected: Local units.
Information Sources:
Fiscal Analyst: Seth Payton, 317-233-3546.
HB 1330 2