The proposed bill, General Assembly Proposed Bill No. 6740, aims to amend the general statutes to promote the redevelopment of vacant commercial properties situated in economically distressed municipalities. The primary objective of the bill is to encourage revitalization efforts in these areas, thereby facilitating the filling of vacant commercial spaces and stimulating local economies.

The bill introduces new legal language that emphasizes the importance of redeveloping these properties, although it does not specify any deletions from current law. By focusing on economically distressed municipalities, the legislation seeks to address the challenges faced by these communities and enhance their economic viability through targeted redevelopment initiatives.