Requires State agency to identify at least two existing rules for repeal for every one new rule adopted.

This bill requires New Jersey state agencies to identify at least two existing rules for repeal before adopting any new rule. The key mechanism mandates that agencies list two existing rules to be repealed for every new rule proposed, which must be included in the notice of proposed rulemaking. This requirement is intended to create a more deliberate rulemaking process that helps control regulatory costs. The bill is modeled after a similar federal executive order from the Trump administration.