This bill appropriates funds from the Public Project Revolving Fund to support various initiatives in New Mexico. Specifically, it allocates $6,250,000 to the Drinking Water State Revolving Loan Fund to provide state matching funds for projects under the federal Safe Drinking Water Act of 1974, $2,000,000 to the Local Government Planning Fund for its operational purposes, and $5,000,000 to the Cultural Affairs Facilities Infrastructure Fund to support its objectives. These appropriations are designated for expenditure in fiscal year 2027 and subsequent years.

Additionally, the bill stipulates that any unexpended or unencumbered balances remaining at the end of a fiscal year shall not revert to the Public Project Revolving Fund, ensuring that the allocated funds remain available for their intended purposes.