(b) The Joint Standing Committee on Government Organization may only accept an application for regulation of a professional or occupational group or organization, or substantial revision or expansion of the scope of practice of a regulated profession or occupation, when the party submitting an application files with the committee a statement of support for the proposed regulation which has been signed by at least ten residents or citizens of the State of West Virginia who are members of the professional or occupational group or organization for which regulation is being sought, or for which substantial revision or expansion of the scope of practice of a regulated profession or occupation is being sought.
(c) The completed application shall contain:
(1) A description of the occupational or professional group or organization for which regulation is proposed, or for which a substantial revision or expansion of the scope of practice of a regulated profession or occupation is proposed, including a list of associations, organizations and other groups currently representing the practitioners in this state, and an estimate of the number of practitioners in each group;
(2) A definition of the problem and the reasons why regulation or a substantial revision or expansion of the scope of practice is necessary;
(3) The reasons why certification, registration, licensure or other type of regulation is being requested and why that regulatory alternative was chosen;
(4) A detailed statement of the proposed funding mechanism to pay the administrative costs of the regulation or the substantial revision or expansion of the scope of practice, or of the fee structure conforming with the statutory requirements of financial autonomy as set out in this chapter;
(5) A detailed statement of the location and manner in which the group plans to maintain records which are accessible to the public as set out in this chapter;
(6) The benefit to the public that would result from the proposed regulation or substantial revision or expansion of the scope of practice; and
(7) The cost of the proposed regulation or substantial revision or expansion of the scope of practice.