New Mexico: Looking to double incentives

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A bill that would increase incentives for the film industry to come to New Mexico was in a crucial committee today. Supporters say it will increase revenue and create long-term stability for employees.

“These are high-paying, middle class jobs with benefits,” said Douglas Acton.

Acton is a film industry veteran and doesn’t want to see those jobs leave our state. He worked for decades as a medic on film sites and now represents more than 1,000 New Mexicans in one of the industry’s largest unions.

“We want to keep our members here so they don’t have to go work in Georgia, but their families are back here. That’s just not working,” said Acton.

Senate Bill 2 aims to do that by helping New Mexico keep up with other states. It would expand the amount the state will pay to film companies to come here from $50 million to $110 million.

“If we don’t do it, there are other states that do it free of any requirements,” said Sen. Nancy Rodriguez.

Under the bill, there would be no cap for companies like Netflix, that commit to being here for at least 10 years. It also aims to expand filming to more rural parts of the state. See more at KOAT.

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