Preheat oven to 350℉ and line an 8-inch square pan with parchment paper or lightly grease the pan.
Melt the butter with the peanut butter over medium-low heat until fully melted and combined, stirring.
Remove from heat and allow to cool about 3-4 minutes.
In a large bowl, combine both sugars.
Pour in the slightly cooled butter and peanut butter mixture, whisking until smooth.
Stir in milk, then beat in the egg.
Add flour, baking soda, and salt, stirring to combine.
Fold in the Reese's Pieces and chocolate chips.
Spread batter into the prepared pan and bake in preheated oven for 25-30 minutes or until the centre of cookie bars is just baked.
Cool completely in the pan before cutting into squares and serving.
Store leftovers in an airtight container at room temperature.