The bill establishes the "Sustain the Families Trust Fund," a nonreverting fund within the state treasury aimed at providing income subsidies to lower-income residents in New Mexico. The fund will be composed of various sources, including distributions, appropriations, gifts, grants, and donations, with income from investments also credited to it. The fund's resources will be utilized to assist the most disadvantaged residents as a basic right, ensuring that financial support is available to those in need.

The management of the trust fund will be overseen by the state investment officer, who will invest the fund's money in accordance with the prudent investor rule and in consultation with the secretary of health care authority. The state investment officer is required to report quarterly to the legislative finance committee and the state investment council regarding the fund's investments, with an annual report due by October 1 each year to relevant legislative committees. This structure aims to ensure transparency and accountability in the fund's operations and investments.