The bill proposes a temporary provision to reset the unit value for public school finance in New Mexico. Specifically, it allows the secretary of public education to adjust the unit value based on the verified number of units statewide for fiscal year 2026, with a deadline for this adjustment set for February 27, 2026. The public education department is required to consult with the department of finance and administration, the legislative finance committee, and the legislative education study committee during this process.

Additionally, the bill declares an emergency, stating that it is necessary for the public peace, health, and safety for the act to take effect immediately. This urgency underscores the importance of timely adjustments to the unit value to ensure adequate funding for public schools.