Posted at: 04/01/2013 5:23 PM
Updated at: 04/01/2013 6:31 PM
By: Stuart Dyson, KOB Eyewitness News 4
The “Breaking Bad” bill is breaking good for New Mexico’s film industry – and the Governor hasn’t even signed it into law yet.
Here’s how it will work: New Mexico will bump the rebate for most TV series and some movies shot here from 25 cents to 30 cents for every dollar spent on production here.
Wayne Rauschenberger of Albuquerque Studios says his phone has been ringing.
“Oh yeah, oh yeah,” Rauschenberger said. “We’re getting a few phone calls from people we hadn’t heard from for a while. They’re checking on space, availability of the stage. That means somebody’s doing some analysis. Somebody’s looking at the numbers.”
Albuquerque actor Steven Michael Quezada plays Gomez in Breaking Bad and is hard at work creating a new series called Duke City.
“The good news is that once people get wind that I’m trying to develop this TV series and I have a couple of films in the works, people are calling,” Quezada said. “They’re saying hey – we’ve got money, there’s opportunity here!”
Gov. Susana Martinez has pledged to sign the bill, which emerged from the recent legislative session as part of a compromise tax cut bill for New Mexico business and industry.
“We’d like to see it signed,” Rauschenberger said. “ We’re looking forward to it, because that lets us go out formally to our industry and say hey – we’re back in business, we’re back in town, not that we ever left. This little bump is going to help us.”
“I like the fact that the Democrats and the Republicans in Santa Fe got together and figured something out,” Quezada said. “I wish the federal government could do that and so I’m proud of what happened in New Mexico.”
The Governor has until April 5 to sign the bill.