Key Votes
HB 607 - Film Production Tax Credit - Key Vote
New Mexico Key Votes
Dianne Hamilton voted Yea (Passage) on this legislation.
Read recent statements Dianne Hamilton made in this general time period.
Stages
- April 8, 2011 Became Law Without Governor's Signature
- March 16, 2011 Senate Bill Passed
- March 2, 2011 House Bill Passed
- Feb. 17, 2011 Introduced
Family
Issues
Stage Details
Legislation - Became Law Without Governor's Signature (Executive) - April 8, 2011
Title: Film Production Tax Credit
Legislation - Bill Passed (Senate) (30-10) - March 16, 2011
Title: Film Production Tax Credit
Legislation - Bill Passed (House) (53-17) - March 2, 2011 (Key vote)
Title: Film Production Tax Credit
Vote to pass a bill that limits the aggregate amount of film production tax credits to $45 million and establishes a timetable for the distribution of refunds, beginning July 1, 2011.
-Limits the aggregate amount of film production tax credits that may be approved in any fiscal year to $45 million (Sec. 2). -Establishes a timetable for refunds to be distributed to the taxpayer as follows (Sec. 2):
-Refunds less than $1 million shall be distributed within the 12 months following receipt of the refund claim; -For refunds of $1 million to $5 million, half shall be distributed in the first year and half in the second year; and -For refunds of $5 million or more, one third shall be distributed in the first year, one third in the second year, and one third in the third year.
-Specifies an effective date of July 1, 2011 (Sec. 8).
Legislation - Introduced (House) - Feb. 17, 2011
Title: Film Production Tax Credit
Sponsors
- Ben R. Lujan Sr. (NM - D) (Out Of Office)
