Establishes the 10 member Joint Legislative Efficiency and Cost Savings in State Government Study Commission (Commission), consisting of five senators appointed by the President Pro Tempore of the Senate and five representatives appointed by the Speaker of the House of Representatives. Provides for meeting times and the filling of vacancies. Requires the Program Evaluation Division Director to advise the Commission and provides for Commission staffing. Requires the Commission to use a zero-based budgeting review process to study whether there are obsolete programs, cost reduction opportunities in state government, and cases where existing funds can be redirected to meet new demands. Requires the Commission to determine which agencies to review at its first meeting. Allows the Commission to require specified information from agencies, including the identification and estimation of the impact of discontinuing a decision unit, and description of service delivery alternatives. Requires that the Commission make an interim report to the 2014 Regular Session of the 2013 General Assembly and a final report to the 2015 Regular Session. Terminates the Commission at the earlier of the filing of the final report or the convening of the 2015 Regular Session.