Public-domain · open source
OpenJurist

§ 7-2F-3 NMSA 1978

Purposes; goals

Known as the Film Production Tax Credit Act

The act spans §§ 7–7 (17 sections).

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

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.

Official source: NMOneSource (New Mexico Compilation Commission). Reproduced from public-domain New Mexico statutes; confirm against the official source for the current text. Not legal advice.