The bill, known as General Assembly Raised Bill No. 523, proposes the conveyance of a 9.45-acre parcel of state land located in North Canaan to the town for a nominal fee covering administrative costs. The land is identified in existing records and is intended for open space or low-impact nonmotorized public recreation purposes, including an existing greenway trail. The town is permitted to use up to four acres of the parcel for a nonprofit fire and emergency services facility managed by the North Canaan Fire Company. The conveyance is contingent upon the approval of the State Properties Review Board and includes provisions for reversion to the state if the town fails to use the land as specified.

Additionally, the bill stipulates that any sale or lease of the parcel to a nonprofit entity must be at fair market value, with proceeds directed to the State Treasurer for the Special Transportation Fund. The parcel will also be subject to an easement for the Housatonic Railroad Company to maintain a railroad spur. The bill emphasizes that the land will remain under the care of the Department of Transportation until the conveyance is finalized, and the Commissioner of Transportation will oversee the conveyance process.