This bill proposes an appropriation of two million dollars ($2,000,000) from the general fund to the local government division of the Department of Finance and Administration. The funds are designated for expenditure in fiscal year 2026 to support mobile home replacement initiatives specifically by the non-metro New Mexico Area Agency on Aging within the North Central New Mexico Economic Development District.

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. This ensures that the allocated funds are utilized effectively within the designated timeframe, promoting the replacement of mobile homes to enhance living conditions for eligible residents in the area.