The bill proposes an appropriation of $100,000 from the general fund to the economic development department for fiscal year 2026. The funds are intended to be used for contracting with an economic development organization in the lower Estancia Valley. The primary goal of this initiative is to promote community growth and development through various economic programs aimed at enhancing the income potential of local businesses. Additionally, the bill emphasizes the importance of civic, social, and cultural programs that can improve the community's functional and aesthetic values, as well as addressing any issues that hinder business expansion and community progress.

Furthermore, the bill stipulates that any unexpended or unencumbered balance of the allocated funds at the end of fiscal year 2026 will revert back to the general fund. This ensures that the funds are utilized effectively within the designated timeframe and that any leftover amounts are returned to the state’s financial resources.