The bill proposes an appropriation of one hundred thirty-five million dollars ($135,000,000) from the general fund to the New Mexico Housing Trust Fund. This funding is designated for expenditure in fiscal year 2027 and subsequent fiscal years, aimed at supporting the objectives outlined in the New Mexico Housing Trust Fund Act.

Additionally, the bill stipulates that any unexpended or unencumbered balance remaining at the end of a fiscal year shall not revert to the general fund, ensuring that the allocated funds remain available for the intended purposes of the housing trust fund.