The proposed bill, General Assembly Proposed Bill No. 6781, mandates the Department of Economic and Community Development to conduct a study on ground floor commercial property vacancies within the state. The study will focus on identifying the causes of these vacancies and will explore strategies to promote the growth of ground floor commercial properties. The bill emphasizes the importance of filling these vacant spaces with diverse retail stores, restaurants, and small businesses that reflect the community's diversity.
The bill does not contain any deletions from current law but introduces new legal language that outlines the requirement for the study and recommendations regarding ground floor commercial property vacancies. The intent is to address the issue of vacant commercial spaces and enhance economic development in the state by fostering a vibrant commercial environment.