Essentially. I'm not sure how familiar you are with composite design, so my apologies if I'm stating something obvious to you.
In a composite beam, you consider both the steel and some width of the concrete slab above it as the flexural member. The concrete is in the compression zone, and the steel is in the tension zone. Your neutral axis will be somewhere near the top flange of the beam. In some cases, the NA is in the concrete. In this case, you can consider the beam to effectively be in pure flexural tension, while the concrete is in compression. If it's below, then MOST of the beam is in tension, a little in compression, and the concrete entirely in compression. In either case, you get a drastically higher section modulus and much higher flexural capacity than just the steel beam. For a demonstration, look at Table 3-19, "Composite W-Shapes, Available Strength in Flexure." It gives the moment capacity of the beam, and then a table of the possible composite capacities.
But....all that load has to pass back through the beam in shear. So the shear connections are still designed to take the whole reaction. Designing using the composite capacity table, you'll end up with between 130% and 150% of the steel beam flexural capacity (acting alone). In the sense of a uniform load, the moment varies linearly with length for a constant total load (the UDL will decrease as length increases to maintain the total value constant). That means, for a given length, the composite beam can carry between 130 and 150% of the uniform load in Table 3-6. That means each end would see a reaction equal to between 65% to 75% of the total load in Table 3-6. By saying you need to design the capacity of the connections for 80% of the table 3-6 value for composite beams, you have at least about a 5% buffer for the vast majority of composite sections designed using the design table.
I'm not advocating this approach. The way the note is worded it may just be a CYA note in case a drawing slips through QC without a proper reaction schedule for the connection detailer.