B. This state shall regulate a profession or occupation only if all of the following apply:

1. 1. There is credible evidence of harm that the unregulated practice threatens the public health, safety or welfare in this state.
2. 2. The actual or anticipated public benefit of the regulation clearly exceeds the costs imposed on consumers, businesses and individuals.
3. 3. The public needs and can reasonably be expected to benefit from government regulation.
4. 4. The public cannot be effectively protected by less restrictive regulations.

E. The legislative committee of reference shall provide the findings and recommendations to the standing committee to which the proposed legislation is assigned. The standing committee shall address all of the following:

1. 1. The type of regulations, if any, that are appropriate pursuant to subsections B and C of this section.
2. 2. If applicable, the scope of practice and requisite personal qualifications that are appropriate for a government certification or occupational or professional license.

3. 3. The extent to which failure to regulate a profession or occupation will result in:

   1. (a) The loss of insurance.
   2. (b) An impact to the ability to practice in other states or as required by federal law.
   3. (c) An impact to the required licensure or registration with the federal government.
   4. (d) The loss of constitutionally afforded practices.