WebThe New Mexico film industry has set another record. The state announced that the industry brought in $855.4 million in direct spend for fiscal year 2024, which is an increase of $228.9 million over fiscal year 2024. “Another record year for film and television industry spending makes it as clear as ever that New Mexico is the place to be for ... Web13 jan. 2024 · In July, Gov. Gavin Newsom signed a bill that adds $330 million to the available tax credits for film and TV productions in 2024 and 2024, on top of the $330 million that was already budgeted...
NM Film
Web4 jul. 2024 · Effective August 9, 2024, and pursuant to HB2191 (53rd legislature, 1st regular session) amending A.R.S. § 41-1518, the ACA may certify $2.5 million of tax credits annually (plus any unused credits from prior years) from July 1, 2024 through June 30, 2024 for qualified investments made in qualified small businesses. Web23 jul. 2024 · The New Mexico film industry is coming off another record year with a direct spend of $855.4 million to the state and a record 109 productions during FY22. snowed forest
State of New Mexico - Taxation and Revenue Department FILM PRODUCTION ...
Web12 apr. 2024 · New Mexico has recently approved an increase in their film tax credits. On April 7, Governor Grisham approved portions of an omnibus tax bill that saw increases to … WebPART 9: FILM PRODUCTION TAX CREDIT. 3.13.9.1 ISSUING AGENCY: Taxation and Revenue Department, Joseph M. Montoya Building, 1100 South St. Francis Drive, P.O. … WebDirect spending by film industry productions eligible for the additional 5 percent credit in rural areas, in millions Total wages paid by film industry productions to New Mexico … snow edge bucket protector