NMSA 1978 Chapter 7 — Taxation

NMSA 1978, § 7-2F-3

Purposes; goals

Official textnmonesource.comlast amended 2016

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.

Amendment history

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

Source: official source (NMSA chapter on nmonesource.com)

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