The bill establishes a new requirement for state agencies in New Mexico to submit an accountability and evaluation plan for any programs or projects that receive funding from the Government Results and Opportunity Program Fund. This plan must include specific details such as goals, objectives, expected outcomes, activities, performance measures, and evaluation methods. The division director and the director of the legislative finance committee are tasked with developing instructions for these submissions, which are due annually by July 1, with potential revisions required by September 1.

Additionally, the bill mandates that by May 1 each year, the division director must notify the relevant agencies about their obligation to submit these plans. Furthermore, by July 15 of the final year of funding for a program or project, the division director and the committee director will review the evaluations and make recommendations regarding the program's inclusion in the agency's budget for the subsequent fiscal year. This structured approach aims to enhance accountability and ensure that public funds are effectively utilized.