Regulatory Innovation, Department of, and Virginia Regulatory Sandbox Program; created, report. (SB712)
Introduced By
Progress
✓ |
Introduced |
✓ |
Passed Committee |
☐ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Department of Regulatory Innovation; Virginia Regulatory Sandbox Program; created. Creates the Department of Regulatory Innovation to oversee the Virginia Regulatory Sandbox Program, also created by the bill, which allows an individual or business to demonstrate a product, production method, or service under a waiver or suspension of one or more state laws or regulations. The bill sets out the process by which an individual or business may apply for participation in the Program, the role of the Department in reviewing such applications for approval or denial, and the requirements for participation in the Program, including provisions related to consumer protection. Read the Bill »
Status
02/02/2022: passed committee
History
| Date | Action |
|---|---|
| 01/21/2022 | Presented and ordered printed 22104422D |
| 01/21/2022 | Referred to Committee on General Laws and Technology |
| 01/26/2022 | Impact statement from DPB (SB712) |
| 02/02/2022 | Senate committee, floor amendments and substitutes offered |
| 02/02/2022 | Reported from General Laws and Technology with amendment (8-Y 7-N) (see vote tally) |
| 02/02/2022 | Rereferred to Finance and Appropriations |
| 02/09/2022 | Continued to 2023 in Finance and Appropriations (10-Y 6-N) (see vote tally) |