Line an 8x8' baking dish with wax paper or parchment paper, and thoroughly grease (with butter or spray) any parts of the dish you're unable to cover with paper, or use butter to help the paper stick better to the pan.
Then put your butter into a heavy-bottom pan and turn on your heat to medium-low, warming the butter until fully melted, about 3 minutes (or 5-7 minutes for browned butter).
Turn your heat to low and drop in your marshmallows, and vanilla, and allow them to heat up and melt without heating them too quickly; this will take about 8-10 minutes.
Once your marshmallows are softened and completely melted into the butter (no lumps), then take the pot off heat and move to a cool, heat proof surface, if possible. Then pour in your rice krispies and mix well, until fully coated in the marshmallow mixture.
Finally, grab your chocolate chips from the freezer and pour most of them in, quickly stirring them in completely (some will melt a bit, but that will be fixed in the fridge.
Top the rice krispies treats with chocolate chips (any leftover), and quickly put them in the fridge for 30 minutes (or the freezer for 10, if you're pressed for time). I recommend you set a timer.
Once your timer goes off, pull out your tray of chocolate chip rice crispy treats, and cut them down to your desired size.