Senate Bill 2971, also known as House Bill 2987, proposes amendments to the charter of the City of Algood as outlined in Chapter 78 of the Private Acts of 2014. The bill includes significant changes to Article I, specifically Section 1.01, which redefines the City of Algood as a body politic and corporate, granting it perpetual succession and the ability to engage in legal actions, manage property, and utilize a corporate seal. Additionally, the bill amends Section 1.04 by replacing subparagraph (e) to clarify the city's authority to acquire, dispose of, lease, or hold various types of property, both within and outside the city limits.

The bill stipulates that it will only take effect if approved by a two-thirds vote of the legislative body of the City of Algood, with the outcome being certified to the secretary of state. While the provisions of the act will become effective immediately upon becoming law for the purpose of approval, they will only be fully effective as outlined in Section 3 for other purposes.