Legislation which will affect the New Mexico film industry has cleared the House and Senate, and is now headed to the desk of Governor Susana Martinez to be signed into law within the next 20 days.
Interested parties may respectfully contact the Office of the Governor to voice their support of the above bills.
Dirk Norris, President of the New Mexico Film Foundation says, “These two bills are really great for film in New Mexico especially the ability to pre-assign their tax incentive refund. That means an independent film maker can get a loan based on the incentive they expect back.”
New Mexico increases tax incentives – Screen Daily
New Mexico Legislature Votes To Increase Film Tax Credits – Deadline Hollywood
Film tax credit bill clears New Mexico Legislature – KRQE
Film bill encourages crews to hire, buy materials in NM – KOAT
Film tax credit bill clears New Mexico Legislature – KOB
Expand Local Economic Development Act fund from $15 million to $37 million, expand productions eligible for film tax credits and encourage local hiring – Albuquerque Journal