The bill, titled "An Act authorizing the county of Nantucket to convey School Street," allows the county of Nantucket to transfer ownership of School Street to the town of Nantucket. This transfer is based on a specific plan recorded in the Nantucket County Registry of Deeds and is subject to terms and conditions set by the Select Board, which may include the reservation of restrictions and easements.

Additionally, the bill exempts this conveyance from the provisions of Chapter 30B of the Massachusetts General Laws and any rights of first refusal under Section 14 of Chapter 34 of the Massachusetts General Laws. The act is set to take effect immediately upon its passage.