The resolution establishes the New Jersey Government Efficiency Commission, which aims to streamline government operations, reduce bureaucratic inefficiencies, and identify cost-saving opportunities. The commission will be housed within the Department of the Treasury and will consist of seven members, including the State Treasurer as chairperson, representatives from the New Jersey State Chamber of Commerce, and five public members appointed by various legislative leaders. The public members will serve staggered terms of one to three years, and the commission will be formed once a majority of its members are appointed.

The commission is tasked with investigating and developing strategies to eliminate unnecessary government functions and redundancies. It will report its findings and recommendations to the Governor and the Legislature, with an initial report due within one year of its formation and subsequent annual reports thereafter. The Department of the Treasury will provide staff support, and the commission may call upon employees from other government entities as needed to assist in its work. The resolution is set to take effect immediately upon passage.