Purposes; goals.

  1. Law
  2. New Mexico Statutes
  3. Taxation
  4. Film Production Tax Credit
  5. Purposes; goals.

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The purposes and goals of the Film Production Tax Credit Act are to:

A. establish the film industry as a permanent component of the economic base of New Mexico;

B. develop a pool of trained professionals and businesses in New Mexico to supply and support the film industry in the state;

C. increase employment of New Mexico residents;

D. improve the economic success of existing businesses in New Mexico; and

E. develop the infrastructure in the state necessary for a thriving film industry.

History: Laws 2011, ch. 165, § 4; 2016, ch. 77, § 3.

ANNOTATIONS

The 2016 amendment, effective May 18, 2016, in the introductory sentence, after "Tax Credit", added "Act".


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