House Bill 2663, also known as Senate Bill 2726, 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. Starting in the fiscal year 2025-2026, the bill mandates that 3.8% of the city's annual operating budget be allocated for this purpose, with a minimum annual appropriation of $1,500,000. This ensures that the city has a dedicated funding source for maintaining its infrastructure.
Additionally, the bill includes a severability clause, stating that if any part of the act is found to be invalid, the remaining provisions will still be enforceable. The act will only take effect if it receives a two-thirds vote of approval from the legislative body of the City of Tullahoma, and its approval will be certified by the presiding officer to the secretary of state. The bill emphasizes the importance of maintaining city roads and streets for public welfare.