N.M. Film Subsidy Debate Heats Up Again

From kob.com -At the New Mexico state capitol another battle is looming over the state's rebates for the film industry. Last year, the legislature and the Governor Susana Martinez agreed to cap the rebates at $50 million a year, but now there's an organized effort to blow the cap off and go back to the old way of doing business. The old way was a pretty sweet deal - spend a dollar making a movie here, get 25 cents back - with some restrictions and reservations, of course.  However, Gov. Martinez cried foul. She said other industries don't get breaks like that, so why should the movies? That led to the cap, and the fight to take it off.  More News New Mexico
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