Senate Bill 2733 amends Chapter 33 of the Private Acts of 1985, specifically updating the compensation for the mayor and aldermen of the City of Gleason. The bill deletes the previous compensation structure, which set the mayor's salary at $200 per month and each alderman's salary at $100 per month, effective from August 2004. In its place, the bill establishes a new compensation rate that will take effect in December 2028, setting the mayor's salary at $400 per month and each alderman's salary at $200 per month.

Additionally, the bill stipulates that it will only take effect if approved by a two-thirds vote of the legislative body of the City of Gleason. The presiding officer of the legislative body is responsible for proclaiming the approval or nonapproval of the act and certifying it to the secretary of state. While the act will be effective upon becoming law for the purpose of approval or rejection, it will only be fully effective for other purposes once the legislative body has voted.