This bill proposes a supplemental appropriation of $2,200,000 from the general fund to the early childhood education and care department for the fiscal year 2025. The funds are specifically allocated to reinstate the provider rate increase for the Family, Infant, Toddler Program for the second through fourth quarters of that fiscal year. Additionally, any unspent or unencumbered funds at the end of fiscal year 2025 will revert back to the general fund.

The bill also declares an emergency, stating that it is essential for the public peace, health, and safety for the act to take effect immediately. This urgency underscores the importance of the funding to support early childhood education services in New Mexico.