Senate Bill No. 1563 proposes the conveyance of four parcels of state land, totaling approximately 27.45 acres, known as Camp Brook Greenway, to the town of North Canaan. The bill stipulates that the Commissioner of Transportation will oversee the conveyance, which will occur at a cost equal to the fair market value of the property, determined by the average of two independent appraisals. The parcels are specifically identified on a map and include portions of various lots on the town's Tax Assessor's Maps. The conveyance is subject to the approval of the State Properties Review Board, which must complete its review within thirty days of receiving a proposed agreement from the Department of Transportation.

The bill also includes provisions for the execution of necessary deeds by the State Treasurer and outlines that any funds received from the sale will be deposited into the Special Transportation Fund. The legislation indicates a loss of asset for the Department of Transportation while providing a gain in revenue from the sale, and it will incur costs for the town of North Canaan. The bill is set to take effect upon passage and is classified as a new section in the law.