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 cultural, economic, and historical contributions of individuals who identify as lesbian, gay, bisexual, transgender, queer, or expansive.

The bill emphasizes the importance of honoring past, present, and future leaders within these communities and encourages the people of New Mexico to engage in activities that celebrate diversity and achievement across various fields. This new legal designation is intended to foster inclusivity and recognition of the contributions made by these communities to the state.