Senate 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 joint standing committee of the General Assembly that oversees commerce by January 1, 2026. This new requirement is established as a new section in the law, as indicated by the insertion of "Section 1 from passage New section."

The bill does not impose any fiscal impact on the state or municipalities, as it is anticipated that the Department of Economic and Community Development (DECD) can carry out the study using existing resources without additional funding. There are no specific requirements outlined for the content of the study, which further supports the expectation that it can be completed within the department's current capabilities.