House Bill 327, also known as Senate Bill 503, amends Tennessee Code Annotated to designate the months of June, July, and August as specific months of observance in honor of the 250th anniversary of the signing of the Declaration of Independence. The bill establishes June as the "Celebration of Life" month, July as the "Celebration of Liberty" month, and August as the "Celebration of the Pursuit of Happiness" month. These designations are intended to commemorate significant historical events and ideals associated with each month, such as the Supreme Court's decision in Dobbs v. Jackson Women's Health Organization in June, Independence Day in July, and the return to school for children in August.

The new legal language added to the Tennessee Code specifies these observances and their corresponding themes, reflecting the values articulated by Thomas Jefferson regarding unalienable rights. The act is set to take effect upon becoming law, emphasizing the importance of these rights in the context of American history and culture.