The bill proposes an appropriation of one hundred thousand dollars ($100,000) from the general fund to the tourism department specifically for the support of Special Olympics activities in the state of New Mexico. This funding is designated for expenditure during the fiscal years 2025 and 2026.
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, ensuring that unused funds are returned to the state’s budget.