OFFICE OF FISCAL ANALYSIS
Legislative Office Building, Room 5200
Hartford, CT 06106 (860) 240-0200
http://www.cga.ct.gov/ofa
HB-6680
AN ACT CONCERNING THE CONVEYANCE OF A PARCEL OF
STATE LAND IN THE TOWN OF WINDSOR TO THE TOWN OF
WINDSOR.
As Amended by House "A" (LCO 10088)
House Calendar No.: 571
Senate Calendar No.: 565
Primary Analyst: EMG 6/7/21
Contributing Analyst(s):
OFA Fiscal Note
State Impact:
Agency Affected Fund-Effect FY 22 $
Resources of the Special Transportation Fund TF - Potential
Revenue Gain
Up to
131,000
Department of Transportation TF - Loss of Asset 131,000
Note: TF=Transportation Fund
Municipal Impact:
Municipalities Effect FY 22 $
Windsor Cost See Below
Windsor Change of
Asset
See Below
Explanation
The bill conveys a specified parcel of land totaling approximately
0.6 acres from the Department of Transportation to the town of
Windsor and specifies that the town must sell said parcels for
economic development purposes within five years and deposit the
proceeds of the sale in the Special Transportation Fund.
To the extent the parcel is sold by the town within five years, there
is anticipated to be a revenue gain to the Special Transportation Fund
equal to the selling price of the parcels (most recently valued at 2021HB-06680-R01-FN.DOCX Page 2 of 2
$131,000) less the cost of any appraisals and the state would lose use of
the asset. The state would retain rights to access the parcel for specified
activities.
The town of Windsor would gain temporary use of an asset until
sold or it reverted to state custody and would pay the administrative
costs of the conveyance.
The land conveyance is subject to the review and approval of the
State Properties Review Board.
House "A" alters the original bill by requiring the sale of the property
by the town of Windsor within five years and requiring the proceeds
of the sale, less the cost of appraisal, to be deposited in the Special
Transportation Fund which results in the fiscal impact described
above.
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
consulted as part of the analysis, however final products do not necessarily reflect an assessment from any
specific department.