The General Assembly Raised Bill No. 5145 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, 2027. 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, while there are no deletions from existing law. The act is set to take effect upon passage, emphasizing the urgency of addressing economic development matters in Connecticut.