Senate Bill 1254 amends Tennessee law to facilitate the management of the Cotton Museum. It establishes a new section in Tennessee Code Annotated, Title 4, Chapter 12, Part 1, which mandates that, subject to approval by the state building commission, the state will engage in good faith negotiations to transfer the management and control of the Cotton Museum to the Douglas Henry State Museum Commission, in collaboration with the Tennessee Historical Commission.

The bill clarifies that it does not appropriate any funds, and any financial obligations or expenditures related to this act must be specifically appropriated by the general appropriations act. The provisions of this act are set to take effect on July 1, 2025, ensuring that the transition of management occurs in a structured manner.