(5 ILCS 80/2) (from Ch. 127, par. 1902)
    Sec. 2. Findings and intent.
    (a) The General Assembly finds that State government actions have produced a substantial increase in numbers of agencies, growth of programs and proliferation of rules and regulations and that the whole process developed without sufficient legislative oversight, regulatory accountability or a system of checks and balances. The General Assembly further finds that by establishing a system for the termination or continuation of such agencies and programs, it will be in a better position to evaluate the need for the continued existence of present and future regulatory bodies.
    (b) It is the intent of the General Assembly:
        (1) That no profession, occupation, business,
    
industry or trade shall be subject to the State's regulatory power unless the exercise of such power is necessary to protect the public health, safety or welfare from significant and discernible harm or damage. The exercise of the State's police power shall be done only to the extent necessary for that purpose.
        (2) That the State shall not regulate a profession,
    
occupation, industry, business or trade in a manner which will unreasonably and adversely affect the competitive market.
        (3) To provide systematic legislative review of the
    
need for, and public benefits derived from, a program or function that licenses or otherwise regulates the initial entry into a profession, occupation, business, industry or trade by a periodic review and termination, modification, or continuation of those programs and functions.
(Source: P.A. 90-580, eff. 5-21-98.)