The bill, General Assembly Raised Bill No. 6880, mandates that Connecticut Innovations, Incorporated conduct a study on private equity investment within the state. The chief executive officer of Connecticut Innovations is required to submit a report detailing the findings of this study to the relevant joint standing committee of the General Assembly by January 1, 2026. This initiative aims to enhance understanding and potentially improve the landscape of private equity investment in Connecticut.

The bill introduces new legal language, specifically stating that the study will be conducted and reported as outlined in Section 1, which is effective upon passage. There are no deletions from current law in this bill, as it primarily establishes a new requirement for Connecticut Innovations, Incorporated. The overall purpose of the bill is to facilitate a comprehensive examination of private equity investment opportunities and challenges in the state.