The bill proposes an appropriation of one hundred thousand dollars ($100,000) from the general fund to the economic development department for the 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 foster community growth and development through various economic programs aimed at enhancing the income potential of local businesses. Additionally, the bill emphasizes the promotion of civic, social, and cultural programs that aim to improve the community's functional and aesthetic values, as well as addressing any issues that hinder business expansion and community growth.

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.