Section 5 ILCS 100/5-130 - Periodic review of existing rules(a) The Joint Committee shall evaluate the rules of each agency at least once every 5 years. The Joint Committee by rule shall develop a schedule for this periodic evaluation. In developing this schedule the Joint Committee shall group rules by specified areas to assure the evaluation of similar rules at the same time. The schedule shall include at least the following categories: (10) Regulation of occupations.(12) Business regulation.(13) Financial institutions.(14) Government purchasing.(b) When evaluating rules under this Section, the Joint Committee's review shall include an examination of the following:(1) Organizational, structural, and procedural reforms that affect rules or rulemaking.(2) Merger, modification, establishment, or abolition of regulations.(3) Eliminating or phasing out outdated, overlapping, or conflicting regulatory jurisdictions or requirements of general applicability.(4) Economic and budgetary effects.P.A. 87-823; 88-667, eff. 9/16/1994.