This bill appropriates $250,000 from the general fund to the Board of Regents of New Mexico State University for the fiscal year 2026. The funds are designated for the New Mexico Department of Agriculture to collaborate with the Soil and Water Conservation Commission and the Cultural Affairs Department to establish a statewide archaeology field school education program.
Additionally, the bill stipulates that any unexpended or unencumbered balance remaining at the end of fiscal year 2026 shall revert to the general fund, ensuring that unused funds are returned to the state budget.