The General Assembly Raised Bill No. 1258 mandates the Commissioner of Economic and Community Development to conduct a study on economic development issues within the state. The bill requires the commissioner 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 address economic development challenges in the state.

The bill introduces new legal language, specifically stating that the study and report are to be conducted and submitted 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 the commissioner. The overall purpose of the bill is to ensure that economic development issues are thoroughly examined and reported to the legislature for further consideration.