The bill establishes a Regulatory Relief Division within the Office of the Attorney General in Kansas, which will administer a General Regulatory Sandbox Program aimed at fostering innovation and business development. This program allows for the waiver or suspension of certain administrative rules and regulations for participating businesses, while ensuring that licensing requirements related to specific acts, such as the Kansas liquor control act, remain intact. The division will be led by a director appointed by the Attorney General, who will facilitate communication between businesses and state agencies to identify regulations that may be waived. An advisory committee composed of business representatives and legislative members will provide guidance on the program.

The legislation outlines the application process for businesses wishing to participate in the sandbox program, including requirements for disclosure of relevant information and potential risks associated with their offerings. It specifies that if an application is denied, the regulatory relief office must provide a written explanation, and such denials are not subject to the administrative procedure act or the Kansas judicial review act. The program allows for a demonstration period of 24 months during which participants may be exempt from certain regulations, provided they comply with the terms of their agreement. Additionally, the bill includes provisions for record-keeping, reporting requirements, and the potential removal of participants who fail to comply with regulations or harm consumers, while emphasizing consumer protection throughout the program.

Statutes affected:
As introduced: 75-4319
As Amended by House Committee: 75-4319
{As Amended by House Committee of the Whole}: 75-4319
Enrolled: 75-4319