Many New Mexico actors feel blindsided by the $45 million cap on film incentives that passed in the $5 billion state budget bill, Wednesday, after many thought $60 million was a reasonable compromise.
â€œBy bringing it down to $60 million, the industry lowered (incentives) eight percent more than last year,â€ Book of Eli actress Lora Martinez-Cunningham, said. â€œWe were railroaded. I couldnâ€™t believe what happened.â€
Rep. Dennis Kintigh, R-Roswell, who voted for the cap, said that he had never been in favor of the film incentives program, but believes that some New Mexicans have benefi ted from it.
â€œThereâ€™s no doubt that some individuals have benefited from it,â€ he said.â€œThe problem is, at what cost? Itâ€™s one industry thatâ€™s privileged not to share any kind of (fiscal) pain.â€
Martinez-Cunningham said discussions that took place behind closed doors led industry leaders to believe that $60 million would be the cap amount.
â€œWe were happy. …They were happy we were happy. It was a done deal. We compromised,â€ she said.
Martinez-Cunningham said Rep. Dennis Rochâ€™s, R-Texico, proposal to lower incentives to $40 million during session was a surprise.
â€œA float like that would limit us detrimentally,â€she said.
â€œIâ€™m glad that we have the 25 percent Login to read more