The bill establishes the "Commission on Reduction of Grocery Costs" in New Mexico, which will operate until March 31, 2026. The commission will consist of nine members, with a diverse representation in terms of political affiliation, expertise, and demographics. Appointments will be made by the governor and the New Mexico legislative council, ensuring a broad range of perspectives. The commission's responsibilities include reviewing policies to reduce grocery costs, recommending strategies to support local food businesses, evaluating supply chain investments, and assessing the state's laws on price gouging and other pricing practices. A report detailing findings and recommendations is required to be submitted by November 15, 2025.

To support the commission's work, the bill appropriates $400,000 from the general fund for fiscal years 2025 and 2026. Any remaining funds at the end of fiscal year 2026 will revert to the general fund. The bill also declares an emergency, allowing it to take effect immediately for the public's peace, health, and safety.