INVESTMENT OF CONSERVATION & LEGACY FUNDS

Summary

The law creates a permanent conservation fund that must be invested under the prudent investor rule and outlines when earnings move to a second legacy fund. It also specifies annual payouts from the Land of Enchantment Fund to several state agencies for forest, wildlife, water, recreation, cultural, and agricultural projects, with any unused money returning to the conservation fund. The measure is designed to provide stable, long‑term financing for natural‑resource and cultural programs.

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