Senate Bill No. 131 mandates the Commissioner of Economic and Community Development to conduct a study on the needs of manufacturers in the state. The bill requires that a report detailing the findings of this study be submitted to the relevant joint standing committee of the General Assembly by January 1, 2027. This new section is inserted into current law as Section 1, effective from the date of passage.
The bill does not impose any fiscal impact on the state or municipalities, as it is expected that the Department of Economic and Community Development can carry out the study using existing resources. There are no deletions from current law noted in this bill. The Commerce Committee has reported favorably on the bill, with a unanimous vote of 20 in favor and none against.