Senate Bill No. 518 amends the conveyance of a parcel of state land in Middletown, originally sold to the Shiloh Baptist Community Development Corporation. The bill stipulates that the land, which has reverted to the state, will be conveyed back to the corporation at a cost covering administrative expenses, pending approval from the State Properties Review Board. The Shiloh Baptist Community Development Corporation is required to utilize the land for moderate-income housing and public recreational or community facilities by June 30, 2029. The bill includes provisions ensuring compliance with nondiscrimination requirements and prohibits the use of the land for religious purposes.

Key changes in the bill include the insertion of language that requires construction to commence or a loan to be signed for financing by the specified deadline, replacing the previous requirement that the land simply be used. If these conditions are not met, or if the housing and facilities do not comply with the established requirements after the conveyance, the land will revert to the state. Additionally, the bill extinguishes any prior reverter provisions recorded in the Middletown Land Records. The act is set to take effect on July 1, 2026.