Senate Bill 1254, also known as House Bill 1388, proposes an amendment to the Tennessee Code Annotated regarding the management of the Cotton Museum. The bill stipulates 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. This new section is added to Title 4, Chapter 12, Part 1 of the Tennessee Code.

Additionally, the bill clarifies that it does not constitute an appropriation of funds, meaning that no funds can be obligated or spent under this act unless they are specifically appropriated by the general appropriations act. The act is set to take effect on July 1, 2025, emphasizing the importance of public welfare in its implementation.