This bill appropriates a total of $62 million from the general fund to the Office of the State Engineer for various water-related initiatives over the fiscal years 2026 through 2028. Specifically, it allocates $30 million for the Water Security Planning Act to provide grants to political subdivisions for regional water planning, and another $30 million for compliance with the Water Data Act, aimed at improving business processes and technology systems for water data access. Any unspent funds at the end of the respective fiscal years will revert to the general fund.

Additionally, the bill includes a $2 million appropriation for the enforcement of water rights along the Rio Grande, specifically to ensure compliance with New Mexico's water delivery obligations under the Rio Grande Compact. This funding will be used to promulgate rules and take necessary actions to uphold these rights during the fiscal years 2026 and 2027, with any unexpended balance reverting to the general fund at the end of fiscal year 2027.