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State pays $100M toward film credit backlog

The New Mexico Taxation and Revenue Department announced that by the end of the week it will have paid out nearly $100 million for about 100 film and television shows produced over the past several years. The department also said another $95 million will be made available to be paid out during the upcoming fiscal year.

In a provided statement, Gov. Michelle Lujan Grisham said, in New Mexico, “we pay our debts.”

During the Legislative…

Source: The Business Journal

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