THE BREAKING BAD BILL HEADS TO THE HOUSE FLOOR WEDNESDAY. THE MEASURE RAISES THE TAX REFUND FROM 25 TO 30 PERCENT FOR TV PRODUCTIONS THAT PRODUCE AT LEAST SIX EPISODES IN NEW MEXICO. JON HENDRY WITH THE FILM TECHNICIANS UNION CALLS IT A SMART BILL THAT SWEETENS THE POT FOR TV PRODUCTIONS BUT KEEPS THE 50 MILLION DOLLAR ANNUAL CAP ON TAX REFUNDS.
HENDRY TELLS US GOVERNOR MARTINEZ MADE A STRONG STATEMENT WHEN SHE SAID SHE'D SIGN THE BILL. MARTINEZ HAS SAID SHE'S SIGN THE BILL AS LONG AS IT ISN'T AMENDED. AND WHILE IT DOESN'T RAISE THE ANNUAL LIMIT ON TAX REFUNDS FOR MOVIES AND TV SHOWS ... IT WOULD CARRY OVER UNUSED SUBSIDIES TO THE NEXT YEAR.
HENDRY SAYS THE MEASURE, IF PASSED, WILL HELP BRING MORE GOOD PAYING JOBS TO NEW MEXICO.