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The New Mexico Independent going forward

By | 11.16.11

I am writing today to announce the closure of the New Mexico Independent. After three and a half years of operation in New Mexico, the board of the American Independent News Network, has decided to shift publication of its news…

EIB hears more anti-cap-and-trade testimony

Mesa Verde 80
By | 11.10.11

While environmental activists played their part yesterday during demonstrations at the capitol building, going so far as to dress up as solar panels and to sing the tune of “You Are My Sunshine,” their counterparts, the anti-cap-and-trade contingency who has…

New Mexico’s largest university low in popularity

jobs-80
By | 11.10.11

Roughly one quarter of University of New Mexico students are unimpressed with the state’s flagship public school, according to a survey that questioned college students about their higher education experiences.

Posts Tagged film tax incentives

Gov. Susana Martinez. Photo: Facebook

Martinez signs budget with some line-item vetoes

By | 04.08.11 | 4:25 pm

Gov. Susana Martinez signed the $5.4 billion state budget today with a few line item vetoes, including $1.9 million in yearly funding and $2.6 million in one-time spending.

Barela’s firm benefits from film tax rebates

By | 09.29.10 | 1:41 pm

Republican Jon Barela, vying to unseat Freshman Democratic Rep. Martin Heinrich, has often said that government spending isn’t a solution to stimulating the economy and that if elected he’d end “wasteful government spending.” In yesterday’s Albuquerque Journal, he was quoted saying it’s risk-takers that lead to economic growth, not government incentives. Yet Barela’s own company—Cerelink—has benefited significantly from taxpayer cash assistance, through New Mexico’s film tax rebate program and from high speed computing infrastructure owned by the public.

Cut film credits to fill food tax veto hole, Jennings says

By | 03.12.10 | 4:28 pm

If Gov. Bill Richardson vetoes the food tax, Sen. President Pro Tem Tim Jennings, D-Roswell says he should make up the $68 million dollar budget difference by cutting tax incentives for the film industry.

Richardson protests food tax, but one lawmaker questions his sincerity

By | 03.12.10 | 2:10 pm

Gov. Bill Richardson is deliberating whether to veto a controversial food tax provision in legislation state lawmakers sent him last week, saying he doesn’t want to balance the budget on the backs of ordinary citizens. But one state lawmaker is questioning the depth of Richardson’s stated concerns over how the provision will affect the state’s population, describing the governor’s public protestations as a “dance.”

Film workers: debate costs money, jobs

By | 02.06.10 | 1:48 pm

The bill to repeal the state’s film credits is behind them, but film workers say by even introducing the idea costs not only them, but the entire state. Two more bills are targeting the credits and while they won’t repeal…

Guv’s blog decries film credit cap bill

By | 02.04.10 | 1:26 am

The governor, fresh off of ending his blogging hiatus, wrote a blog today about the proposed film incentive tax incentive cap. Needless to say, the governor is not in favor of the film credit cap, writing, “Caps would…

Film credit cap on the table

By | 02.02.10 | 6:20 pm

New Mexico’s film tax credits survived an all out cut earlier in the session. But now there is another measure headed through the Roundhouse to cap those credits. Senate Bill 235 would cap the credit each production could get…

Repeal of film incentives dies in house Committee

By | 01.26.10 | 7:08 pm

Before discussion of a bill in committee, it’s normal for the chair to ask the audience who is there in support and who isn’t. After Chairman Garcia asked that question on Tuesday, Rep. Dennis Kintigh, R-Roswell, knew he was alone.…

Richardson open to looking at some tax credits, incentives to close budget gap

By | 08.18.09 | 3:39 pm

Gov. Bill Richardson reiterated Tuesday that he isn’t interested in scaling back his 2003 state income tax cuts or the state tax incentive program for films that his administration vigorously defended over the years.

But the state’s looming budget gap…