The General Assembly Raised Bill No. 1564 proposes amendments to Special Act 14-13 regarding the conveyance of a parcel of state land to the Catherine Violet Hubbard Foundation, Inc. The bill allows the foundation to use the land, approximately 34.44 acres in Newtown, for an animal sanctuary, wildlife preserve, or other nature preservation purposes. Notably, the bill removes the previous restriction that prohibited the foundation from leasing the land and introduces a provision that permits the foundation to use the land as security for a loan to finance the construction of an educational barn, with the possibility of foreclosure in the event of default.

Additionally, the bill stipulates that if the foundation fails to use the land for the specified purposes or does not retain ownership, the parcel will revert to the state. The state will also maintain a fifty-foot wide easement for access and agricultural purposes along the northern line of the parcel. The State Properties Review Board is tasked with reviewing the conveyance within thirty days of receiving a proposed agreement from the Department of Agriculture, ensuring that the land remains under the department's care until the conveyance is finalized.