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.

The purpose of this amendment is to enable the Lyme Grange Fair Association to acquire and manage property that exceeds this financial threshold, thereby enhancing its operational capabilities and potential for growth. This legislative change reflects a move towards greater flexibility for the association in terms of property ownership and management.