NJ A4126

Creates a nine-member Regulatory Improvement Commission within the Department of State to evaluate state regulations and recommend modifications, consolidations, or repeals to reduce compliance costs while protecting public health and safety.

Governor appoints five members (including the chairperson), with one member each appointed by the Senate President, Senate Minority Leader, Assembly Speaker, and Assembly Minority Leader; no more than five members may be from the same political party.

Commission must prioritize regulations that impose disproportionately high costs on small businesses, create substantial paperwork burdens, or could be made more effective at lower regulatory cost.

Public comment period of 120 days allows residents, businesses, and state agencies to submit recommendations via website or mail on which regulations should be examined; focus groups with stakeholders will also be convened.

Final report with findings and recommendations must be submitted to the Governor and Legislature within 365 days of the commission's initial meeting, with the commission expiring 30 days after submission.