For years, Arizona has watched with envy as New Mexico developed a thriving film economy thanks to a generous tax break. So now the state is getting in on the action. Gov. Doug Ducey, a Republican,…
For years, Arizona has watched with envy as New Mexico developed a thriving film economy thanks to a generous tax break.Gov. Doug Ducey, a Republican, is expected to sign a bill this week creating a refundable tax credit equal to 15-20 percent of production expenses. The credit will have annual cap rising from $75 million to $125 million over three years.
Arizona has a rich history of filmmaking, including Westerns like “Winchester ’73,” “Gunfight at the OK Corral” and, more recently, “.” But as tax credits have become an overriding factor in location decisions in the last 20 years, the state has lost out, said Mark Sankey, spokesman for the Mescal Movie Set, near Tucson.
The Mescal Movie Set dates from the late 1960s, and includes 27 buildings comprising a historic Western town. With little filming in the state, the facility is now used mainly for special events and historic tours. The owners are working on refurbishing it, and hope the tax credit will kickstart production. Sankey said they’re already getting calls.
Meanwhile in the Phoenix area, two investor groups are planning to spend hundreds of millions of dollars to build two separate soundstage facilities. The investments are contingent on the tax credit becoming law. Productions will be able to qualify for the credit if they do outdoor location shoots at places like Mescal or Old Tucson — another historic Western set — but only if they also do all their pre-production and post-production work in Arizona.
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