(1) An application for sunrise review shall describe:
(a) why making the occupation a regulated occupation is necessary to protect against present, recognizable, and significant harm to the health, safety, or financial welfare of the public; and
(b) the least restrictive regulation of the occupation that would protect against present, recognizable, and significant harm to the health, safety, or financial welfare of the public.
(2) If a representative of an occupation submits an application in accordance with this section, the application shall include a nonrefundable fee of $500.
(3) All application fees collected under this section shall be deposited into the General Fund.