The bill establishes the "State Energy Advisory Board" within the Energy, Minerals and Natural Resources Department, consisting of eleven appointed industry experts. These members will represent various sectors, including renewable energy, energy efficiency, oil and gas, and environmental quality, among others. The board will be chaired by a designated voting member and will convene 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 terms, with provisions for per diem and mileage compensation for those not employed by the state.
Additionally, the bill includes an appropriation of $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 clean energy implementation and maintenance in New Mexico. Any unspent funds at the end of the fiscal year will revert to the general fund.