This bill appropriates forty million dollars ($40,000,000) from the government results and opportunity program fund to the Board of Regents of New Mexico State University. The funds are designated for the development of an online enrollment hub in collaboration with other four-year public post-secondary educational institutions. The appropriation is intended for expenditure during 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 government results and opportunity program fund. This ensures that any unused funds are returned to the original source, promoting fiscal responsibility.