The bill, Substitute House Bill No. 7279, proposes the conveyance of a 0.4-acre parcel of state land from the Department of Transportation to the town of Bethel. The transfer 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 conveyance. 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 stipulates that the review by the Board must be completed within thirty days of receiving the proposed agreement from the Department of Transportation.

Additionally, the bill includes provisions for the execution of necessary deeds or instruments by the State Treasurer and assigns the Commissioner of Transportation the responsibility for all other aspects of the conveyance. The language in the bill clarifies that the land will remain under the care and control of the Department of Transportation until the conveyance is finalized. The bill also notes that the state will experience a loss of asset value, while the town of Bethel will gain an asset, with the financial implications detailed for both the state and the municipality.