This bill appropriates $430,000 from the general fund to the board of regents of New Mexico State University for the New Mexico Department of Agriculture. The funds are designated for the New Mexico Grown Approved Supplier Program and are intended for expenditure during fiscal year 2026.
Additionally, the bill stipulates that any unexpended or unencumbered balance remaining at the end of fiscal year 2026 will revert back to the general fund, ensuring that unused funds are returned to the state’s budget.