Rates & additional benefits
25% base refundable + 10% rural uplift + 5% pilots/TV series + QPF uplift (official portal). Resident ATL treatment can receive an additional 25% credit per program material.
Production type & commercial eligibility
Commercials included. Official NM Film Office eligibility page: "Certain Commercials and EPKs" qualify, with a signed Ad Agency/Client letter and proof of media buys (regional/national/internet). Spots available only on the client’s own website are excluded as promotional.
Qualifying expenditure
No minimum or maximum spend and no application fees (official portal). Direct production and post-production expenditures subject to NM taxation.
Labor & residency
Not stated in the cited sources. Confirm this requirement with the administering agency.
Application timing
Not stated in the cited sources. Confirm this requirement with the administering agency.
Caps & funding conditions
FY2026 film fund cap $140M. No minimum spend and no per-project cap reported in retrieved material.
Audit requirements
Licensed New Mexico CPA audit required for credit requests above $5M.
Receiving the incentive
Not stated in the cited sources. Confirm this requirement with the administering agency.
Program dates
- Effective date
- Not stated
- Program end date
- Not stated
A program end date is not necessarily an application deadline.