Establishes Government Efficiency and Regulatory Review Commission.

S 2958 establishes a nine-member Government Efficiency and Regulatory Review Commission within the Governor's Office to evaluate state rules, regulations, and executive orders. The commission, including representatives from the Executive and Legislative branches (such as the Chief Innovation Officer, business center director, environmental commissioner, and legislative leaders), will review all proposed or adopted regulations to assess their economic impact and determine if costs to businesses, workers, and local governments outweigh benefits. It must hold annual public hearings, solicit public input, and submit an annual report with recommendations to the Governor for amending or repealing burdensome rules. The commission’s findings are advisory only and cannot be used for legal challenges against state agencies.