This bill proposes an appropriation of one million dollars ($1,000,000) from the general fund to the Cultural Affairs Department for the fiscal year 2027. The funds are designated for conducting a feasibility study, as well as planning and implementing a lowrider museum in Espanola, New Mexico.
Additionally, the bill stipulates that any unspent funds remaining at the end of fiscal year 2027 will revert back to the general fund, ensuring that the appropriation is managed responsibly and that unused funds are returned to the state budget.