The proposed bill, General Assembly Proposed Bill No. 6785, aims to establish a revolving loan fund within the Department of Economic and Community Development. This fund is intended to provide financial assistance through municipalities and nonprofit organizations for the development of commercial storefronts across the state.

The bill introduces new legal language to amend the general statutes, specifically creating the framework for this revolving loan fund. There are no deletions from current law mentioned in the text, indicating that this is a new initiative rather than a modification of existing statutes. The primary goal of the bill is to enhance the economic landscape by supporting the growth and development of commercial storefronts.