The bill proposes an appropriation of twenty million dollars ($20,000,000) from the general fund to the health care authority. This funding is designated for the creation of new physician residency programs and positions, with the expenditure planned for fiscal years 2027 through 2029.

Additionally, the bill stipulates that any unexpended balance remaining at the end of fiscal year 2029 will revert back to the general fund, ensuring that unused funds are returned to the state’s budget. This initiative aims to enhance the training and availability of physicians in New Mexico, addressing potential healthcare workforce shortages.