Connecticut 2021 2021 Regular Session

Connecticut Senate Bill SB01111 Introduced / Fiscal Note

Filed 06/08/2021

                    OFFICE OF FISCAL ANALYSIS 
Legislative Office Building, Room 5200 
Hartford, CT 06106  (860) 240-0200 
http://www.cga.ct.gov/ofa 
sSB-1111 
AN ACT AMENDING A CONVEYANCE OF A PARCEL OF STATE 
LAND IN THE TOWN OF FAIRFIELD. 
AMENDMENT 
LCO No.: 10582 
File Copy No.: 768 
Senate Calendar No.: 526  
 
Primary Analyst: EMG 	6/8/21 
Contributing Analyst(s):  	(FN) 
 
 
 
 
OFA Fiscal Note 
See Fiscal Note Details  
The amendment expands the town of Fairfield's allowable uses of 
the conveyed land to include lease of the parcel of land, in addition to 
the ability to sell the land in the underlying bill. This results in a 
potential retention of asset and potential revenue gain subject to lease 
terms for the town and precludes a potential asset gain and potential 
revenue gain to the state, if the property is not sold.  
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.