The bill proposes an appropriation of two million dollars ($2,000,000) from the general fund to the Higher Education Department for the fiscal year 2026. The funds are designated to provide stipends to undergraduate and graduate students in behavioral health who are completing the necessary training, supervision, or experiential requirements to obtain professional licensure.

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 measure aims to support the education and professional development of future behavioral health professionals in New Mexico.