The bill proposes an appropriation of one million dollars ($1,000,000) from the general fund to the board of regents of New Mexico State University. This funding is designated for the fiscal year 2027 and aims to enhance the purchasing power of participants in the federal Supplemental Nutrition Assistance Program (SNAP) through the Double Up Food Bucks Program. The program allows SNAP participants to buy meat, nuts, eggs, and fresh fruits and vegetables at farmers' markets in New Mexico.
Additionally, the bill stipulates that any unspent funds remaining at the end of fiscal year 2027 will revert back to the general fund. This measure is intended to support local farmers' markets while providing nutritional assistance to low-income families in the state.