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 the unalienable rights articulated by Thomas Jefferson, with each month reflecting a particular right: life, liberty, and the pursuit of happiness.

The bill emphasizes the significance of these months by linking them to historical events, such as the Supreme Court's decision in Dobbs v. Jackson Women's Health Organization in June, the signing of the Declaration of Independence on July 4, 1776, and the return of school children to prepare for their futures in August. The act will take effect upon becoming law, underscoring its importance to the public welfare.