The bill establishes a new requirement for state agencies in New Mexico to submit an accountability and evaluation plan for any programs or projects that receive funding from the Government Results and Opportunity Expendable Trust. This new section of the Accountability in Government Act mandates that the State Budget Division and the Legislative Finance Committee develop instructions for these plans, which must include specific goals, activities, performance measures, and evaluation methods. Agencies are required to submit their plans by July 1 each year, with the possibility of revisions by September 1 if requested.

Additionally, the bill outlines a timeline for the evaluation of these programs, requiring the division and committee to review the evaluations by July 15 of the final year of funding. They will then make recommendations regarding the inclusion of the program in the agency's budget for the subsequent fiscal year. This structured approach aims to enhance accountability and ensure that funded programs are effectively monitored and evaluated for their impact.