§ 224-b. Public health and health planning council; powers and duties; health care facilities, home care agencies and hospices. The public health and health planning council shall have such powers and duties as are set forth in this chapter, including the consideration of applications for the establishment and construction of health care facilities, home care agencies and hospices licensed under articles twenty-eight, thirty-six or forty of this chapter. In carrying out its powers and duties, the council shall take into account the impact of its actions and recommendations on the quality, accessibility, efficiency and cost-effectiveness of health care throughout the state. The council shall undertake a comprehensive review of regulations and council procedures governing the establishment and construction of such health care facilities, home care agencies and hospices and shall submit to the commissioner any recommendations for the revisions of such regulations. Such review shall be conducted every five years, and the first set of recommendations shall be submitted to the commissioner on or before December first, two thousand sixteen.