New Mexico Gov. Signs Film TV Tax Credit Bill Into Law

THE DEADLINE TEAM
AMC Confirms ‘Talking Bad’ After Show; Sets ‘Breaking Bad’ Return Date; Renews ‘Talking Dead’ & ‘Comic Book Men’; Unveils Development Slate, Rolin Jones Overall Deal

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.

Related:
New Mexico Gov. Now Expected To Sign Revised Bills
Georgia Studio Project, NY Bid To Lure ‘Tonight Show’

Get more from Deadline.com: Follow us on Twitter, Facebook, Newsletter