This injection of funding is set to be historic. Supporters claim that Senate Bill 9, also known as "the measure," will create a fresh legacy and permanent funds. These are expected to generate a consistent flow of financial resources for a variety of projects, including game and fish breeding and watershed restoration. Brochure printing could be used to give details of upcoming projects.
Governor Lujan Grisham also said:
“We have to start thinking big. It’s a generational investment in the well-being of the state.”
In the upcoming years, the aim is to raise hundreds of millions of dollars to fill the legacy and permanent funds, forming a system similar to an endowment. This system is intended to finance various programs related to outdoor recreation, forest restoration, and other similar initiatives.
With the combination of this legislation and the state budget proposal, immediate funding of $100m is authorized. Out of this amount, $50m is designated for executing projects in the next four years.
The remaining $50m will be placed into a permanent fund and invested for future projects.
According to Demis Foster, from Conservation Voters New Mexico, this legislation represents:
"…the biggest conservation investment in the history of New Mexico."