Nick Maniatis, former executive director of the New Mexico Independent Power Producers, has been named director of the New Mexico Film Office. (NM Independent Power is a lobbyist for electrical power, and not a film production company).
Maniatis was executive producer of "Cruel World," a film shot in New Mexico; he has worked on many film projects in the state and was an appointed board member of the Governor's Council on Film and Media Industries from 2002 to 2009. He also was a board member of the Digital Film Institute from 2003 to 2010.
The New Mexico program offers a refundable tax credit of 25% for all New Mexico labor and qualified expenses, plus 25% (subject to GRT and withholding tax) for out-of-state cast. There is a $50 million cap per year.
NEVADA PROGRAM FAILS TO PASS
The hoped for approval of legislation to provide a transferable tax credit of 25% (later reduced to 15%) failed to win approval. Legislation will be introduced again at the next session, two years from now. Meanwhile, the film commission is looking for other ways to encourage production in the state.
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