Senate Bill No. 523 proposes the conveyance of a 9.45-acre parcel of state land from the Department of Transportation to the town of North Canaan. The bill stipulates that the town will pay only the administrative costs associated with the conveyance, including any necessary survey costs. The land must be used for open space or low-impact nonmotorized public recreation purposes, with a portion designated for an emergency services facility managed by the North Canaan Fire Company. If the town fails to adhere to these usage requirements, the land will revert to state control. Additionally, any sale or lease of the land to a nonprofit entity must be at fair market value, with proceeds directed to the Special Transportation Fund.

The conveyance is subject to the approval of the State Properties Review Board, which must complete its review within thirty days of receiving the proposed agreement. The bill also includes provisions for an easement in favor of the Housatonic Railroad Company for maintaining a railroad spur adjacent to the parcel. The act is effective upon passage and introduces new legal language regarding the conveyance process while deleting any conflicting provisions in current law.