The bill, Substitute House Bill No. 7279, authorizes the Commissioner of Transportation to convey a parcel of state land, approximately 0.4 acres in size, to the town of Bethel. The conveyance will occur at a cost equal to the fair market value of the property, determined by the average of two independent appraisals, along with any administrative costs associated with the transaction. The land is specifically identified as Lot 7 in Block 108 on the town's Tax Assessor's Map and is subject to the approval of the State Properties Review Board. The bill also stipulates that the review by the State Properties Review Board must be completed within thirty days of receiving the proposed agreement from the Department of Transportation.

Additionally, the bill includes a minor amendment for consistency, changing "the state" to "said department" in the language regarding the review process. The fiscal impact indicates that while the state will lose an asset, it will gain revenue equivalent to the property's fair market value, and the town of Bethel will incur costs for the purchase but will gain control of the land. The conveyance is a one-time action, with future control of the asset remaining with the town as per its decisions.