New Mexico Statutes
§ 7-2F-3 — Purposes; goals
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.
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Legislative History
Laws 2011, ch. 165, § 4; 2016, ch. 77, § 3.
Nearby Sections
15
§ 7-1-1
Short title§ 7-1-11.1
Managed audits§ 7-1-11.2
Required audit notices§ 7-1-12
Identification of taxpayers§ 7-1-13.1
Method of payment of certain taxes due§ 7-1-13.2
Repealed§ 7-1-13.3
Repealed§ 7-1-13.4
Electronic payments; reversals