The bill proposes an appropriation of fifty million dollars ($50,000,000) from the general fund to the Department of Environment for the purpose of assessing and cleaning up abandoned and neglected contaminated sites throughout New Mexico. This includes specific attention to abandoned uranium mining sites that lack viable responsible parties to manage and fund the necessary cleanup actions. The allocated funds are designated for expenditure during fiscal years 2026 through 2028.

Additionally, the bill stipulates that any unexpended or unencumbered balance remaining at the end of fiscal year 2028 will revert back to the general fund. This ensures that funds not utilized for the intended cleanup efforts will not remain indefinitely allocated but will instead return to the state's financial resources.