Jurisdiction Details | Production Incentives

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New Mexico

EP Services Offered

Eligible Production Types

Feature Films
Scripted Television
Reality Television
Documentaries
Animation
Video Games
Webisodes
Talk Shows
Game Shows
Live Events
Commercials

Location Production Needs

Rural
Suburban
Snow
Tropical
Beaches/Ocean
Mountains
Lakes/Rivers
Deserts
Forests
City

Legislation

SB 2

New Mexico State Film Office

Lisa Lucas, Senior Manager of Production

1100 S. St. Francis Drive, Suite 1213

Santa Fe, NM 87505

505.476.5612

LisaN.Lucas@nmfilm.com

Incentive	25-30% Refundable Tax Credit
Project Criteria	Resident ATL: 30% (TV); 25% (film) Resident BTL: 30% (TV); 25% (film) Non-Resident BTL: 15% (limitations apply) Minimum Spend: None Project Cap: None Compensation Cap: $20M
Qualified Spend	25% on qualified expenditures including, but not limited to: Labor Select Fringes Workers Comp/Handling Fees Equipment Post Travel (in-state and out-of-state) Shipping (in-state only) Hotel Insurance Legal Fees Working Meals Food/Catering/Entertainment Expenditures must be purchased through a New Mexico based company. Bonus: 5% for qualifying TV series OR qualifying resident crew labor expenses and fringe benefits during production in NM, excluding performing artist compensation, if shooting requirements in a qualified production facility in NM are met.
Program Guidelines	Annual Cap: $50M Sunset Date: None Screen Credit: Yes CPA Audit: Yes
Additional Considerations	Loan-out Registration: Yes Once fully financed, a production company should complete registration using online forms. Submit applications at least two weeks before start of principal photography. New Mexico does not require submission of a distribution plan or charge an application fee.
Production Resources	Studio Post Facilities VFX Crew