Establishes the New York state commission on regulatory efficiency

This bill creates the New York State Commission on Regulatory Efficiency to examine state regulations and identify unnecessary or wasteful rules. The commission, made up of eight members appointed by legislative leaders (two from each chamber's majority and minority), will analyze regulations and issue annual reports with reform recommendations to the governor and legislature. It directly affects state regulatory processes by requiring a formal review of existing rules to streamline government operations. The commission must submit its first report within one year of appointment, with ongoing annual updates. This is a procedural measure focused on regulatory review, not direct policy changes for citizens or businesses.