This bill proposes an appropriation of $3,300,000 from the general fund to the Board of Regents of New Mexico State University for the fiscal years 2026 through 2028. The funds are designated for the New Mexico Department of Agriculture to develop various initiatives aimed at recognizing the history, current significance, and future economic potential of the winemaking industry in New Mexico. Specific activities include creating educational and civic events, collaborating with the Department of Transportation to install winery wayfinding signage, partnering with the tourism department for national marketing related to the 400th anniversary of winemaking in America, and continuing to fund an enologist to support student education and career opportunities in the industry.

Additionally, the bill stipulates that any unspent funds at the end of fiscal year 2028 will revert back to the general fund, ensuring that the appropriation is managed responsibly. This initiative aims to enhance the visibility and viability of New Mexico's winemaking sector, promoting both cultural heritage and economic growth within the state.