RELATING TO ECONOMIC DEVELOPMENT.

Based solely on the provided context, a summary of HB 1631 cannot be created. The bill's title ("RELATING TO ECONOMIC DEVELOPMENT") and official abstract ("Short form bill relating to economic development") offer no specific details about its provisions, who it affects, or any concrete policy changes. The recent actions only track procedural steps (introduction, committee referral, meeting scheduling), not the bill's content. Without substantive information on the bill's mechanisms or purpose, a factual summary meeting your requirements is not possible.