The bill proposes an appropriation of fifty million dollars ($50,000,000) from the general fund to the Department of Environment for the purpose of assessing and cleaning up abandoned or neglected contaminated sites throughout New Mexico. This includes specific attention to abandoned uranium mining sites that lack viable responsible parties to manage and fund the necessary cleanup actions. The allocated funds are designated for expenditure during the fiscal years 2027 through 2029.

Additionally, the bill stipulates that any unspent funds remaining at the conclusion of fiscal year 2029 will revert back to the general fund. This measure aims to address environmental concerns and ensure the remediation of hazardous sites that pose risks to public health and safety.