The bill, Substitute House Bill No. 5519, introduced as File No. 583, proposes the conveyance of a parcel of state land in the town of Newington. The Commissioner of Transportation is directed to convey this land, which is approximately 0.18 acre in size, to the town of Newington at a cost equal to the fair market value as determined by the average of appraisals from two independent appraisers, in addition to the administrative costs of the conveyance. The parcel is identified on a map from August 1987 and the conveyance is subject to the approval of the State Properties Review Board.
The fiscal impact of the bill indicates that the Department of Transportation will experience a loss of an asset, with the corresponding funds received from the sale to be deposited into the Special Transportation Fund. The town of Newington will incur the cost of the fair market value and administrative costs, but will gain the asset. The State Properties Review Board must complete its review of the conveyance within thirty days of receiving a proposed agreement from the Department of Transportation. The bill's actions are one-time in nature, with future control of the asset subject to municipal decisions. The Office of Legislative Research does not analyze Special Acts but provides information on conveyances in an annual report, with the relevant report for 2024 being OLR Report 2024-R-0075.