SANTA FE – Two bills signed into law this week by Gov. Susana Martinez flew under the radar during this year’s 60-day legislative session, but could, in different ways, bolster New Mexico’s already booming film industry.
A measure signed Friday by the governor would, among other things, expand the state’s film incentive program to allow qualifying TV pilot episodes to receive additional rebates for filming here.
Television productions qualify for a 30 percent tax rebate if they film at least six episodes. The new law would allow pilots to receive that level of rebate, as well.
For other film productions, the state offers a 25 percent rebate for most direct, in-state expenditures.