The bill establishes the "Clean Energy and Natural Resources Advisory Board" within the Energy, Minerals and Natural Resources Department of New Mexico. This board will consist of seventeen appointed industry experts from various sectors, including renewable energy, energy efficiency, oil and gas, and academia, among others. The board is tasked with convening at least twice a year to provide expert advice to the secretary of energy, the governor, and relevant legislative committees on clean energy initiatives. Members will serve staggered four-year terms, with provisions for per diem and mileage for those not employed by the state.

Additionally, the bill appropriates $100,000 from the general fund for the fiscal year 2026 to support the establishment and functioning of the advisory board. This funding is intended to facilitate the board's role in advising on the implementation and maintenance of clean energy strategies in New Mexico. Any remaining funds at the end of the fiscal year will revert to the general fund.