The proposed bill, General Assembly Proposed Bill No. 5616, seeks to amend the charter of the Lyme Grange Fair Association by modifying section 2 of special act 70 of 1899. The key change involves the removal of a restriction that currently limits the association from holding property valued at more than ten thousand dollars.

By eliminating this financial cap, the bill aims to provide the Lyme Grange Fair Association with greater flexibility and capacity to manage and acquire property, thereby enhancing its operational capabilities and potential for growth. This amendment reflects a legislative effort to support the association's development and sustainability.