KNS LEG Regulatory Sandbox Program

Published on: Apr 25, 2025

On Apr. 10, KNS LEG passed bill to create program relief in AG office.

  • KNS LEG passed Bill HB 2291 which creates regulatory relief division within AG office and establishes sandbox program to waive or suspend rules for program participants.
  • Amends Kansas statutes annotated, KNS LEG 75-4319 related to executive meetings.
  • Document dated Apr. 10, 2025, was received on Apr. 22, 2025, due to a fixed feed.
  • Legislative Provisions
  • Bill sets up regulatory relief division within AG office and establishes sandbox program.
  • Includes the operational procedure of the foregoing regulatory relief division, advisory and committee membership processes, who will provide and publish meeting agendas.
  • Applicant to the sandbox program may contact the regulatory relief division to request a consultation re the regulatory sandbox program before submitting an application.
  • For each application, the regulatory relief office may collect fee of no more than $250.
  • If the regulatory relief office approves an application, the sandbox participant will have 24 months after the date when application was approved to demonstrate the offering.
  • Legislative History
  • On Feb. 5, 2025, bill introduced in House; on Feb. 27, 2025, bill was passed in House.
  • On Feb. 27, 2025, bill delivered to Senate; on Mar. 19, 2025, bill passed in Senate.
  • On Mar. 25, 2025, bill sent to governor; on Apr. 3, 2025, bill was vetoed by governor.
  • On Apr. 10, 2025, House and Senate voted to override the governor's veto of the bill.
  • Effectiveness
  • Act takes effect and is in force from and after publication in statute book, Jul. 1, 2025.
Regulators
KNS LEG
Entity Types
Corp
Reference
Bill HB2291, 4/10/2025; Citation: KNS LEG 75-4319;
Functions
Compliance; Legal
Countries
United States of America
Category
State
N/A
Products
Corporate
Rule Type
Final
Regions
Am
Rule Date
Apr 10, 2025
Effective Date
Jul 1, 2025
Rule ID
251831
Linked to
N/A
Reg. Last Update
Apr 10, 2025
Report Section
US Consumer