Substitute Senate Bill No. 1559 aims to facilitate the redevelopment of the South Meadows site in Hartford by transferring authority and resources from the Materials Innovation and Recycling Authority (MIRA) to the Capital Region Development Authority (CRDA), effective June 30, 2025. The bill mandates that CRDA will assume ownership and responsibilities for the site, including properties at 300 Maxim Road and 100 Reserve Road, and will retain any state tax revenue generated from completed projects for reinvestment in the area. It also allows CRDA to hire former MIRA employees and enter into agreements with state agencies to streamline operations. The bill repeals and replaces existing legal language regarding the allocation of MIRA resources, redirecting funds towards operational activities for properties formerly owned by MIRA, excluding the South Meadows site.

Additionally, the bill establishes a streamlined process for obtaining licenses, permits, and approvals for projects at the South Meadows site, reducing municipal regulatory authority and ensuring public access to related documentation. It requires a master administrative process for applications, with decisions to be made within ten business days, and allows for certain inspections to be satisfied through certifications from licensed professionals. The bill also outlines procedures for public hearings and appeals, designates CRDA as responsible for environmental evaluations, and provides indemnification to CRDA against liabilities related to pre-existing environmental issues. Overall, sSB1559 seeks to enhance efficiency and transparency in the redevelopment process while ensuring public input and effective management of financial resources.

Statutes affected:
Raised Bill:
FIN Joint Favorable:
File No. 898: