The bill authorizes the commissioner of capital asset management and maintenance, in consultation with the commissioner of conservation and recreation, to enter into a 25-year lease with the town of Plymouth for the Pilgrim Memorial State Park located at 79 Water Street. This lease will encompass the fields, facilities, and associated land, and may include provisions for improvements to these areas. The lease can be renewed every ten years at the discretion of the involved parties.

Under the terms of the lease, the town of Plymouth will be responsible for general oversight, comprehensive general liability insurance, and ensuring public accessibility to the park when not in use. Additionally, the town must obtain written approval for any construction, cover utility costs, maintain the park, and establish rules and fees for its use. These stipulations aim to ensure proper management and protection of the park while allowing the town to utilize the space effectively.