Senate Bill 2726, also known as House Bill 2663, amends Chapter 553 of the Acts of 1903 to establish a new funding requirement for road and street maintenance within the City of Tullahoma, Tennessee. The bill mandates that starting in the fiscal year 2025-2026, a minimum of three and eight tenths percent (3.8%) of the city's annual operating budget must be allocated for the maintenance of streets and roads. Additionally, it specifies that this allocation cannot be less than one million five hundred thousand dollars ($1,500,000) annually.

The bill includes a severability clause, ensuring that if any part of the act is deemed invalid, the remaining provisions will still be enforceable. Furthermore, the act requires a two-thirds (2/3) approval from the legislative body of the City of Tullahoma to take effect, with its provisions becoming effective upon passage for the purpose of approval or rejection, while other aspects will follow the stipulations outlined in Section 3.