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 formed 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 several public members appointed by various legislative leaders. The public members will serve staggered terms of one to three years, and the commission will be operational once a majority of its members are appointed.

The commission is tasked with investigating and compiling 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 various state and local agencies as needed to assist in its work. The resolution takes effect immediately upon passage.