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2025 New Mexico Statutes
Chapter 7 - Taxation
Article 2F - Film Production Tax Credit
Section 7-2F-3 - Purposes; goals.
Universal Citation:
NM Stat § 7-2F-3 (2025)
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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.
ANNOTATIONSThe 2016 amendment, effective May 18, 2016, in the introductory sentence, after "Tax Credit", added "Act".
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