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New Mexico Film Bill Signed into law by Governor

Announcement

New Mexico Film Bill Signed into law by Governor

OHI Film Reel

“New Mexico Governor Susana Martinez signed a bill today that will allow production companies to pre-assign their tax rebates to third parties. Unlike many states that require producers to sell their credits at a discount, New Mexico provides a direct cash rebate, and the ability to pre-assign the earned rebate is expected to benefit independent producers seeking financing for their projects. It goes into effect January 1.”

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