GOVERNOR MICHELLE LUJAN GRISHAM HAS SIGNED A BILL SHE SAYS WILL HELP NEW MEXICO’S FILM INDUSTRY. THE MEASURE INCREASES THE ANNUAL CAP ON REBATE PAYMENTS FROM 50-MILLION TO 110-MILLION DOLLARS. REPRESENTATIVE MOE MAESTAS OF ALBUQUERQUE, ONE OF THE SPONSORS OF THE BILL, SAYS THE MOVE WILL BRING MILLIONS OF DOLLARS INTO NEW MEXICO’S ECONOMY.
THE GOVERNOR HAS UNTIL APRIL FIFTH TO SIGN LEGISLATION PASSED DURING THE 2019 SESSION.