This bill proposes an appropriation of sixty million dollars ($60,000,000) from the general fund to the health care authority. The funds are designated for the creation of new physician residency programs and positions, aimed at enhancing the healthcare workforce in New Mexico. The appropriation is intended for expenditure over the fiscal years 2026 through 2028.

Additionally, the bill stipulates that any unexpended or unencumbered balance remaining at the end of fiscal year 2028 will revert back to the general fund, ensuring that unused funds are returned to the state’s budget. This measure reflects a commitment to improving healthcare training and resources while maintaining fiscal responsibility.