The bill amends sections 45-40.1-4 and 45-40.1-6 of the General Laws in Chapter 45-40.1, which are related to "Interlocal Contracting and Joint Enterprises." The amendments include the insertion of language that clarifies the nature of interlocal agreements, specifying the details that such agreements must contain, such as duration, organization, purpose, financing, termination procedures, and other necessary matters. It also outlines the structure for administration of the joint or cooperative undertaking, including provisions for an administrator or a joint board and the manner of handling property.

Significantly, the bill removes the requirement for interlocal agreements to be submitted to the attorney general for approval before they can take effect. Previously, the attorney general was tasked with determining if an agreement was in proper form and compliant with state laws, disapproving agreements that did not meet the requirements, or approving them by default if not disapproved within 15 days. The explanation provided by the Legislative Council states that the act would remove the attorney general's oversight of interlocal agreements. The act would become effective upon passage.