After the success of “Breaking Bad” and spinoff “Better Call Saul,” other notable recent productions in New Mexico include portions the fourth season of the Netflix series “Stranger Things” and AMC's “Dark Winds'
FILE - New Mexico Gov. Michelle Lujan Grisham delivers the State of the State address during the 56th legislative session on Jan. 18, 2022, in Santa Fe, N.M. Gov. Michelle Lujan Grisham says direct spending by production companies on films, TV series and other media has never been higher in the state, topping $855 million in fiscal year 2022., Thursday, July 14, 2022.
Gov. Michelle Lujan Grisham, a first-term Democrat running for reelection, also touted an increase in spending beyond major cities such as Santa Fe and Albuquerque, fueled by expanded state incentives for rural and small-town film production.Local production spending in those outlying areas jumped more than six-fold to $49.5 million amid an industry rebound, state economic development officials told a legislative panel gathered in Las Vegas, New Mexico.
State economic development officials say conversations are underway with lawmakers to revisit terms of the state film tax rebate program when the Legislature meets again in January 2023, possibly redrawing the boundaries for bonuses in rural areas and exploring new incentives linked to lower emissions of climate-warming pollution by the energy-intensive industry.
Legislative reforms in 2019 opened up greater incentives to film production companies that demonstrate long-term commitments to New Mexico through a 10-year contract on a qualified production facility. Netflix and NBCUniversal have secured that “film partner” status that lifts the cap on annual production rebates.
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