The bill establishes a "community water and wastewater system assistance pilot project" in New Mexico, designed to provide technical assistance to public community water and wastewater systems over a three-year period. This initiative aims to support statewide technical assistance providers and will be administered by the local government division of the department of finance and administration. Participating community systems will receive necessary assistance in technical, financial, and managerial operations.

To fund this pilot project, the bill appropriates $900,000 from the general fund for expenditure during fiscal years 2026 through 2028. Any remaining funds that are unexpended or unencumbered at the end of fiscal year 2028 will revert back to the general fund.