HB 5583 — AN ACT CONCERNING CONVEYANCE OF PARCELS OF STATE LAND IN THE TOWN OF DERBY.

House ofBill Representatives File No.

7615583 GeneralSpecial AssemblyAct February Session, 2026Reprint of File No.

691)26-32 HouseAN BillACT No.CONCERNING CONVEYANCE OF PARCELS OF STATE LAND IN THE TOWN OF DERBY.

5583 As Amended by House Amendment Schedule "A" Approved by the Legislative Commissioner May 1, 2026 AN ACT CONCERNING CONVEYANCE OF PARCELS OF STATE LAND IN THE TOWN OF DERBY.

HB5583(b) /The FileState No.PropertiesReviewBoardshall complete itsreviewofthe conveyance of said parcels of land not later than thirty days after it receives a proposed agreement from the Department of Transportation.

761The HB5583land Fileshall remain under the care and control of said department until a conveyance is made in accordance with the provisions of this House Bill No.

7615583 (b)section. The State PropertiesReviewBoardshall complete itsreviewofthe conveyance of said parcels of land not later than thirty days after it receives a proposed agreement from the Department of Transportation.

The land shall remain under the care and control of said department until a conveyance is made in accordance with the provisions of this section.

ThisGovernor's actAction: shall take effect as follows and shall amend the following sections:

SectionApproved 1June from4, passage2026 NewSpecial sectionAct HB5583 / File No.

76126-32 2 HB5583of File2 No.

761 The following Fiscal Impact Statement and Bill Analysis are prepared for the benefit of the members of the General Assembly, solely for purposes of information, summarization and explanation and do not represent the intent of the General Assembly or either chamber thereof for any purpose.

In general, fiscal impacts are based upon a variety of informational sources, including the analyst’s professional knowledge.

Whenever applicable, agency data is consulted as part of the analysis, however final products do not necessarily reflect an assessment from any specific department.

OFA Fiscal Note State Impact:

Agency Affected Fund-Effect FY 27 $ FY 28 $ Resources of the Special TF - Revenue Potential Potential Transportation Fund Gain Department of Transportation TF - Loss of Asset See Below See Below Connecticut Municipal ZEMG8 - Gain of See Below See Below Development Authority Asset Connecticut Municipal ZEMG8 - Cost See Below See Below Development Authority Note:

TF=Transportation Fund;

ZEMG8=Resources of CMDA Municipal Impact:

None Explanation The bill conveys several parcels of land, totaling 1.5 acres, from the Department of Transportation (DOT) to the Connecticut Municipal Development Authority (CMDA).

This results in a transfer of assets from DOT to CMDA, with CMDA paying the fair market value and administrative costs of the transfer.

DOT would lose use of the asset and gain revenues equal to the fair market value of the property to the STF.

CMDA would gain use of the asset and would pay fair market value of the property and the administrative costs of the conveyance.

Thelandconveyanceissubjecttothereviewand approvaloftheState Properties Review Board.

House "A" adds a requirement that CMDA pay fair market value of the property and removes a requirement that CMDA develop, sell, or lease the property within ten years or have the property revert to DOT HB5583 / File No.

761 HB5583 File No.

761 control, which results in revenue gain to the STF instead of potential revenue gain.

The Out Years The conveyance action is one time in nature.

Control of the assets would continue into the future as described above, subject to future agency decisions.

HB5583 / File No.

761 4 HB5583 File No.

761 OLR Bill Analysis HB 5583 (as amended by House "A") AN ACT CONCERNING CONVEYANCE OF PARCELS OF STATE LAND IN THE TOWN OF DERBY.

SUMMARY The Office of Legislative Research does not analyze Special Acts.

COMMITTEE ACTION Government Oversight Committee Joint Favorable Yea 11 Nay 1 (04/06/2026) HB5583 / File No.

761 5