AT THE SPECIAL SESSION IN SANTA FE , A HOUSE COMMITTEE IS RECOMMENDS PASSAGE OF A MEASURE THAT WOULD TEMPORARILY CUT TAX INCENTIVES TO NEW MEXICO’S FILM INDUSTRY BY 20 MILLION DOLLARS. DEMOCRATS ON THE COMMITTEE SAY IT COULD PUT JOBS AND BUSINESS INVESTMENTS AT RISK. THE MEASURE REDUCES TAX CREDITS FOR FILM PRODUCTION, WHICH ARE CURRENTLY 50 MILLION DOLLARS. IT ALSO DEFERS SOME INCENTIVE CLAIMS TO FUTURE YEARS.
MEANWHILE, A HOUSE APPROPRIATIONS AND FINANCE COMMITTEE LATE MONDAY APPROVED A BILL FROM GOVERNOR MARTINEZ TO REINSTATE THE DEATH PENALTY FOR THOSE WHO KILL CHILDREN, POLICE OFFICERS OR CORRECTIONS OFFICERS.
