OFFICE OF FISCAL ANALYSIS Legislative Office Building, Room 5200 Hartford, CT 06106 (860) 240-0200 http://www.cga.ct.gov/ofa HB-6678 AN ACT CONCERNING THE CONVEYANCE OF A PARCEL OF STATE LAND IN THE TOWN OF WOLCOTT. AMENDMENT LCO No.: 10091 File Copy No.: 759 House Calendar No.: 569 Primary Analyst: EMG 6/5/21 Contributing Analyst(s): () OFA Fiscal Note State Impact: Agency Affected Fund-Effect FY 22 $ Department of Transportation TF - Loss of Asset 27,000 Resources of the Special Transportation Fund TF - Potential Revenue Gain 6,000 Note: TF=Transportation Fund Municipal Impact: None Explanation The amendment strikes the underlying bill and its associated fiscal impact. The amendment conveys a parcel of land totaling approximately 0.21 acres from the Department of Transportation to a private party, at a cost of $6,000 plus administrative costs. The state would lose use of an asset (most recently valued at $27,000) and there would be a revenue gain of $6,000 to the Special Transportation Fund. The preceding Fiscal Impact statement is prepared for the benefit of the members of the General Assembly, solely for the purposes of information, summarization and explanation and does 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 2021HB-06678-R00LCO10091-FNA.DOCX Page 2 of 2 consulted as part of the analysis, however final products do not necessarily reflect an assessment from any specific department.