This bill proposes an appropriation of $200,000 from the general fund to the New Mexico Department of Transportation for the fiscal year 2026. The allocated funds are intended to conduct a study on the feasibility of constructing a high-speed passenger railroad within the state.

Additionally, the bill stipulates that any funds that remain unexpended or unencumbered 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.