General regulatory sandbox program.

HB 135 creates Wyoming's "General Regulatory Sandbox Program," allowing businesses to temporarily test new products or services without full compliance with certain state regulations. It directly affects businesses seeking to innovate in Wyoming by requiring them to apply to the state council for limited, time-bound waivers of licensing or regulatory requirements. Key provisions include mandatory consumer safety assessments, requirements for businesses to maintain operations and records within Wyoming, and council oversight to ensure waivers don't violate federal law or endanger public health. The program aims to support business development while protecting consumers through structured testing protocols.