The bill establishes the Slot Canyon Riverlands State Park in Dona Ana County, directing the state parks division of the energy, minerals, and natural resources department to develop and designate the park in accordance with a specific feasibility study. The development plan emphasizes maximizing recreational opportunities, protecting wildlife habitats, restoring ecosystems, connecting trails to existing routes like the Rio Grande trail, completing a natural resource management plan, and removing invasive salt cedar from designated areas.

Additionally, the bill imposes restrictions on the sale, trade, barter, or exchange of any holdings within the park's designated parcels, ensuring that these lands remain protected. However, the state parks division is permitted to acquire additional property and assets for the park, provided that such acquisitions do not involve the use of eminent domain. The division may also accept gifts and bequests to enhance the park's resources.