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Ohio House unanimously approves universal regulatory sandbox to spur business testing
Summary
Lawmakers passed substitute House Bill 176, creating a regulatory relief division and a universal regulatory sandbox intended to let businesses test products under oversight with consumer protections and annual reporting; proponents said it boosts innovation and transparency.
The Ohio House on March 24 approved substitute House Bill 176, a measure creating a regulatory relief division with a universal regulatory sandbox to allow businesses to test products and services under structured oversight. Supporters framed the measure as a way to reduce costly regulatory barriers and attract investment to the state.
Representative Fisher, a sponsor on the floor, said the bill would let…
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