The proposed bill, General Assembly Proposed Bill No. 6782, mandates the Department of Economic and Community Development to conduct a feasibility study regarding the economic impact of establishing a federally subsidized industrial hemp program in the state. The study will assess the potential benefits and implications of such a program and will culminate in a report that includes recommendations for its establishment. This report is to be submitted to the joint standing committee of the General Assembly that oversees economic development matters.

The bill aims to explore the economic viability of a federally supported industrial hemp initiative, reflecting a growing interest in the agricultural and economic opportunities presented by hemp cultivation. By requiring a formal study and subsequent recommendations, the bill seeks to inform legislative decisions on the potential implementation of this program in Connecticut.