Innovation Zones

A rural county where a technology company wants to build a semi-autonomous city is scheduled to testify in front of Nevada lawmakers on Tuesday.

Nevada lawmakers are convening on Thursday to discuss whether to allow technology companies to exercise powers similar to those of local governments, if they own land and promise investment.

Senate Concurrent Resolution 11, which passed late last Friday, establishes a joint special committee which will study innovation zones.

Gov. Steve Sisolak said Monday he will scale back his proposal to let technology companies establish zones where they could exercise powers similar to those of local government.

If given the chance to build in an “innovation zone,” Blockchains’ smart city would qualify for federal opportunity zone tax credits.

Storey County Commissioners on Tuesday voted to “oppose separatist governing control” and the carving up of the county with an Innovation Zone.

Gov. Steve Sisolak today unveiled further details concerning proposed legislation that would allow tech companies to take advantage of so-called “innovation zones.”