The bill, identified as Substitute Senate Bill No. 950 with File No. 238, mandates the Commissioner of Economic and Community Development to conduct a study on manufacturing issues within the state, with a focus on workforce shortages and training. The study is to be comprehensive and must be submitted to the joint standing committee of the General Assembly that oversees commerce matters by January 1, 2024. This requirement is a new section to be effective from the date of passage.
There are no fiscal impacts associated with this bill, as it is expected that the Department of Economic and Community Development (DECD) will be able to undertake this study using existing resources. The bill does not specify particular requirements for the study's scope, allowing the DECD flexibility in how it conducts the analysis. The bill's language has been standardized for consistency with drafting conventions, changing "a study relating to" to "a study of." There are no anticipated state or municipal impacts in the out years following the study's completion.