This bill proposes an appropriation of ten million dollars ($10,000,000) from the general fund to the higher education department, aimed at expanding access and enrollment in adult literacy programs across the state of New Mexico. The funds are designated for expenditure during the fiscal years 2026 and 2027.
Additionally, the bill stipulates that any unexpended or unencumbered balance remaining at the end of fiscal year 2027 will revert back to the general fund, ensuring that unused funds are returned to the state’s budget. This initiative seeks to enhance adult literacy, thereby improving educational opportunities for residents in New Mexico.