The bill designates the fourth Tuesday of January in each odd-numbered year as "Lesbian, Gay, Bisexual, Transgender, Queer and Expansive Day" in New Mexico. This new observance aims to recognize and celebrate the significant cultural, economic, and historical contributions made by individuals who identify as lesbian, gay, bisexual, transgender, queer, or expansive.

The bill encourages the people of New Mexico to engage in activities that honor the achievements and leadership of these communities, both past and present, while promoting diversity and inclusion throughout the state. This new holiday is intended to foster a greater understanding and appreciation of the contributions of LGBTQ+ individuals to New Mexico's society.