Today Governor Michelle Lujan Grisham signed a bill lifting the film rebate cap. Could that mean we can might see more TV and film production coming to New Mexico? Many are hopeful it will!
"Lujan Grisham signed Senate Bill 2 on Friday at Albuquerque Studios, delivering on a promise to boost the state’s film, television and media industry and provide for steady growth in an economic sector that supporters say keeps New Mexicans employed and offers young adults the opportunity to build a sustainable career.
The bill, which passed on a bipartisan vote, raises the cap on what can be paid out to film and TV productions from $50 million to $110 million in a single year."
Read more HERE
Source: ABQ Journal