A panel of legislators on Tuesday recommended that the Legislature take up a proposal that creates an environment for entrepreneurs to test novel business ideas in a setting where rules and regulations are temporarily or permanently waived.
A joint special legislative committee studying the idea urged the Legislature to consider a bill creating what are known as regulatory "sandboxes," where particular rules and regulations are relaxed or amended in order to foster business innovation.
The goal of regulatory sandboxes is to move innovative products and services to market faster by providing a trial period while keeping in place consumer and . . .
This content is restricted to subscribers. Click here to subscribe. Already a subscriber? Click here to login.
