Monday, June 24, 2024

Wanted: tech companies with land and money to form local governments in Nevada

Nevada governor Steve Sisolak  is pitching a concept to attract technology companies to his state. According to the Las Vegas Review-Journal, the proposed legislation, under the name “Innovation Zones” would authorize companies that bring “groundbreaking technologies” to Nevada to set up independent, alternative forms of local government. Those companies would be required to own at least 50,000 acres of undeveloped land, have $250 million in their bank account, and promise to invest $1 billion during the next decade.

 

https://www.reviewjournal.com/news/politics-and-government/2021-legislature/bill-would-allow-tech-companies-to-create-local-governments-2272887/

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