This bill proposes an appropriation of two million dollars ($2,000,000) from the general fund to the Board of Regents of the New Mexico Institute of Mining and Technology. The funds are designated for the purchase of seismology equipment and the expansion of monitoring network capabilities within the Bureau of Geology and Mineral Resources. This initiative will be carried out in partnership with the Oil Conservation Division of the Energy, Minerals and Natural Resources Department.

The appropriation is specifically allocated for expenditure in fiscal year 2027, and any unspent funds at the end of that fiscal year will revert back to the general fund. This investment aims to enhance the state's geological monitoring capabilities, which is crucial for understanding and managing natural resources effectively.