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Government
Bill would allow tech companies to create local governments
2021-02-07
[Las Vegas Journal] CARSON CITY — If you’ve got enough money, acres upon acres of undeveloped land and an "innovative technology," you soon could form a new local government in Nevada.

When Gov. Steve Sisolak last month announced his plan to launch Innovation Zones in Nevada to jump-start the state’s economy by attracting new tech companies, the details of how those zones would operate proved scarce.

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.

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.

During his speech last month, Sisolak specifically named Blockchains, LLC as a company that had committed to developing a "smart city" in the area east of Reno that would run entirely on blockchain technology, once the legislation passes.

The draft, which could change before it’s unveiled as a formal bill, provides the first look into the details behind the concept.
Related:
Steve Sisolak: 2021-02-06 Dividing America : New Bill Allows Tech Companies To Create Governments
Steve Sisolak: 2020-08-04 Nevada lawmakers OK mailing voters ballots, Trump slams move
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Posted by:Besoeker

#9  Rollerball 1975 was fun. Great Andre Previn soundtrack (with Shostakovich)
Posted by: Frank G   2021-02-07 21:23  

#8  Will there be wet markets in company "cafs?"
Posted by: Anomalous Sources   2021-02-07 21:07  

#7  

Remember Roller Ball 1975 movie?
Just a updated Remake.

Same principle No Nations... just Corporations.
Posted by: NN2N1   2021-02-07 15:44  

#6  Tech Waco
Posted by: Frank G   2021-02-07 12:34  

#5  What could possibly go wrong?!
Posted by: Rob Crawford   2021-02-07 11:35  

#4  Bill Gates and Neo-Feudalism: A Closer Look at Farmer Bill
Posted by: Snavise and Company1654   2021-02-07 11:13  

#3  Create a government ?

Why buy when you can lease and write off the costs ?
Posted by: Besoeker   2021-02-07 08:13  

#2  The ghosts of the Robber Barons of Oil and Rail are envious.
Posted by: Deadeye Jaiting7534   2021-02-07 02:35  

#1  Wouldn't it be cheaper to buy local politicians & law enforcement?
Posted by: g(r)omgoru   2021-02-07 01:37  

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