HB3422 mandates the Illinois Department of Professional and Financial Regulation to review and report on each license, certification, or authority it.

HB3422 requires the Illinois Department of Professional and Financial Regulation to conduct a comprehensive review of each license, certification, or authority it issues. This includes assessing the necessity of the regulation, the economic impact, and the fairness of associated fees. The Department must deliver a report to the General Assembly within 30 days of the bill's filing if a new license, certification, or authority is proposed. For existing licenses, the report must be submitted 12 months before the termination of the relevant licensing Act under the Regulatory Sunset Act.

HB3422 mandates the Illinois Department of Professional and Financial Regulation to review and report on each license, certification, or authority it.

HB3422 requires the Illinois Department of Professional and Financial Regulation to conduct a comprehensive review of each license, certification, or authority it issues. This includes assessing the necessity of the regulation, the economic impact, and the fairness of associated fees. The Department must deliver a report to the General Assembly within 30 days of the bill's filing if a new license, certification, or authority is proposed. For existing licenses, the report must be submitted 12 months before the termination of the relevant licensing Act under the Regulatory Sunset Act.