This bill proposes an appropriation of $150,000 from the general fund to the Board of Regents of the University of New Mexico for the Bureau of Business and Economic Research. The allocated funds are intended for a study to assess the general feasibility of establishing a publicly owned electric utility through state acquisition and operation.

The appropriation is designated for expenditure in fiscal year 2027, and any unspent funds at the end of that fiscal year will revert back to the general fund. This initiative aims to explore the potential benefits and implications of creating a publicly owned electric utility in New Mexico.