The so-called “Breaking Bad” bill is now law. New Mexico Gov. Susana Martinez today signed the legislation which increases the state’s rebate for series television production to 30% of a producer’s qualified spend in the state. Feature films will be eligible for a 30% rebate on resident labor if they use a qualified production facility, and 25% on all of their other expenses. The law also provides for the roll-over of up to $10 million in unused funds in each fiscal year. The bill was named after AMC’s Breaking Bad, now in its final season, which is filmed at Albuquerque Studios.
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