§ 7-2F-1 Film production tax credit; film production companies that commence principal photography prior to January 1, 2016
§ 7-2F-1.1 Short title
§ 7-2F-2 Definitions
§ 7-2F-2.1 Additional definitions
§ 7-2F-3 Purposes; goals
§ 7-2F-4 Reporting; accountability
§ 7-2F-5 Assignment
§ 7-2F-6 Film and television tax credit; film production companies that commence principal photography on or after January 1, 2016
§ 7-2F-7 Additional credit; television pilots and series
§ 7-2F-8 Additional credit; qualified production facilities
§ 7-2F-9 Additional credit; nonresident industry crew
§ 7-2F-10 Payments for performing artists; credit limitation
§ 7-2F-11 Requirements to contract with certain vendors
§ 7-2F-12 Credit claims; certification of direct production and postproduction expenditures; aggregate amount of claims allowed; exception
§ 7-2F-13 New film production tax credit
§ 7-2F-14 Additional amounts to be applied in calculating credit amounts; expenditures made in certain areas of the state; television pilots and series
§ 7-2F-15 Nonresident below-the-line crew credit
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Terms Used In New Mexico Statutes > Chapter 7 > Article 2F - Film Production Tax Credit

  • Contract: A legal written agreement that becomes binding when signed.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC