A bill for an act providing for a regulatory relief program.

HF 2090 establishes a regulatory relief office within Iowa's authority to help businesses navigate state regulations. The office administers a program allowing businesses to apply for temporary waivers of specific licensing or regulatory requirements to test innovative offerings, provided consumer health, safety, and financial risks are mitigated. Businesses must submit detailed applications outlining the regulations sought, consumer benefits, risk assessments, and demonstration plans, with state agencies reviewing and recommending approval or denial based on consumer protection. A 13-member advisory committee, including business and agency representatives, advises the office, and the office must issue annual reports tracking program participants, cost savings, and consumer outcomes. This bill directly affects new and existing businesses seeking regulatory flexibility and state agencies responsible for oversight.