Substitute House Bill No. 7283, also known as Special Act No. 25-27, authorizes the Commissioner of Administrative Services to convey a parcel of state land located at 92 Farmington Avenue in Hartford to the Capital Region Development Authority at no cost. This parcel, approximately 0.40 acres in size and identified as Lot 7 in Block 321 of the Hartford Tax Assessor's Map 201, will be conveyed following the removal of its contents and must occur within one year of the bill's effective date. The conveyance is contingent upon the approval of the State Properties Review Board, which is required to complete its review within thirty days of receiving a proposed agreement from the Department of Administrative Services.

The bill stipulates that the Capital Region Development Authority must utilize the land and any improvements for housing or economic development purposes. If the authority fails to develop the parcel within ten years of the conveyance, ownership will revert to the state of Connecticut. Additionally, the State Treasurer is tasked with executing any necessary deeds or instruments for the conveyance, which must include provisions to fulfill the development requirements outlined in the bill. The Commissioner of Administrative Services retains responsibility for all other aspects of the conveyance process.