The proposed bill, General Assembly Proposed Bill No. 6740, aims to promote the redevelopment of vacant commercial properties situated in economically distressed municipalities. The legislation seeks to amend the general statutes to provide a framework that encourages the revitalization of these properties, thereby addressing the issue of vacancies and stimulating economic growth in affected areas.

The bill does not specify any deletions from current law but introduces new legal language to facilitate the redevelopment efforts. The overarching goal is to create a supportive environment for the transformation of vacant commercial spaces, which can lead to job creation and improved community conditions in economically challenged regions.