The bill establishes August as "New Mexico Red and Green Chile Month" to honor the cultural and economic significance of chile in the state. It recognizes the historical journey of chile from its indigenous origins, through its incorporation by Spanish settlers, to its current prominence in New Mexican cuisine. The declaration aims to celebrate the unique identity of New Mexico shaped by this important agricultural product.

Additionally, the bill highlights the economic impact of chile, noting that it supports thousands of jobs and plays a crucial role in the state's agricultural economy. This new designation seeks to promote awareness and appreciation for chile, reinforcing its importance in both cultural heritage and economic development in New Mexico.