This bill proposes an appropriation of $350,000 from the general fund to the Board of Regents of New Mexico State University for the fiscal year 2026. The funds are designated for the New Mexico Department of Agriculture to establish and operate an agritourism program aimed at marketing and promoting the state's agritourism industry.
Additionally, the bill stipulates that any unexpended or unencumbered balance of the allocated funds at the end of fiscal year 2026 will revert back to the general fund. This ensures that the funds are utilized effectively within the designated timeframe and that any leftover amounts are returned to the state's budget.