ConnecticutBridgeport Port Authority may sell or lease land for $119,000
Following a state-approved land transfer, the Bridgeport Port Authority may sell or lease the parcel for $119,000 for economic development or waterfront purposes.
What it does
The Port Authority may sell or lease the designated land for $119,000 for economic development or waterfront purposes. Proceeds go to the state’s transportation fund, and improper use or transfers return the land to the state.
Argument forA fixed price could help the Port Authority and interested buyers or renters plan a deal by making its cost clear.
Argument againstThe fixed $119,000 price could bring the state less money if the land’s sale or rental value is higher.
More detail
The Bridgeport Port Authority may sell or lease the designated land for $119,000. The rule covers all or part of the approximately 1.008-acre parcel in Bridgeport identified for transfer from the state. The state’s transfer to the Port Authority requires State Properties Review Board approval. The land must serve economic development or waterfront purposes; otherwise, including an improper sale or lease, it returns to the state. Sale or lease proceeds must go to the state’s Special Transportation Fund. The law takes effect upon passage and was approved May 11, 2026.
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Where it stands
- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2026
- May 11SIGNED BY Governor Ned LamontBecame Law
- May 6TRANSMITTED BY SECRETARY OF THE STATE TO GOVERNORTo Governor
- May 6TRANSMITTED TO SECRETARY OF THE STATE
- May 4SPECIAL ACT 26-2
- Apr 30IN CONCURRENCE
- Vote recorded House Roll Call Vote. Result: pass.Lower
- Vote recorded House Roll Call Vote 153. Result: pass.Lower
- Apr 30HOUSE PASSEDPassed House
- Apr 23HOUSE CALENDAR NUMBER 503
- Apr 23FAV. RPT., TABLED FOR HOUSE CALENDARMinor
- Apr 22SENATE PASSEDPassed Senate
- Vote recorded Senate Roll Call Vote 132. Result: pass.Upper
- Apr 16FILE NO. 657
- Apr 16SENATE CALENDAR NUMBER 420
- Apr 16FAV. RPT., TAB. FOR CAL., SEN.Minor
- Apr 16RPTD. OUT OF LCO
- Apr 10REFERRED TO Office of Legislative Research AND Office of Fiscal Analysis 04/15/26Minor
- Apr 7FILED WITH LCOMinor
- Apr 6Joint FavorableMinor
- Mar 27PUBLIC HEARING 0401
- Mar 26REF. TO JOINT COMM. ON Government OversightIntroduced
Economy & JobsTransportation