The bill proposes an appropriation of $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 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 development.

Furthermore, the bill stipulates that any unspent or unencumbered funds remaining at the end of fiscal year 2026 will revert back to the general fund. This ensures that the allocated resources are effectively managed and that any surplus is returned to the state budget. Overall, the legislation aims to bolster economic development in the lower Estancia Valley, fostering a more vibrant and sustainable community.