The bill proposes an appropriation of five million dollars ($5,000,000) from the general fund to the cultural affairs department, specifically aimed at supporting the operation of rural libraries in New Mexico. This funding is designated for expenditure over the fiscal years 2027 and 2028, with a stipulation that no more than two million five hundred thousand dollars ($2,500,000) can be spent in any single fiscal year.

Additionally, the bill includes a provision that any unspent funds remaining at the end of fiscal year 2028 will revert back to the general fund. This ensures that the allocated resources are effectively managed and that any surplus is returned to the state’s finances.