Democrats in Nevada are reportedly planning to introduce legislation in an effort to attract technology companies to the state that would effectively allow them to form their own separate governments at the local-level.
Democrat Governor Steve Sisolak announced the plan last week and said that the goal was to form “Innovation Zones” in an effort to boost the state’s economy.
“According to a draft of the proposed legislation, obtained by the Review-Journal but not yet introduced in the Legislature, Innovation Zones would allow tech companies like Blockchains, LLC to effectively form separate local governments in Nevada, governments that would carry the same authority as a county, including the ability to impose taxes, form school districts and justice courts and provide government services, to name a few duties,” The Las Vegas Review Journal reported. “Sisolak pitched the concept in his State of the State address as his plan to bring in new companies that are at the forefront of ‘groundbreaking technologies,’ all without the use of tax abatements or other publicly funded incentive packages that had previously helped Nevada bring companies like Tesla to the state.”
More HERE
