Nevada Governor Steve Sisolak introduced legislation that would allow major technology companies to form their own local governments.
The proposal calls for the creation of “Innovation Zones” that would have the same authority as a county, including the ability to levy taxes, form school districts and courts, and provide government services. The legislation would not provide subsidiaries or public funding for the formation of these “techno-governments.”
The governor mentioned Blockchains, LLC as already being committed to creating a local government that would run on blockchain technology. According to their website, Blockchains, LLC owns over 67,000 acres in Storey County, Nevada. The company says it wants to convert this land into “the most advanced ‘high-tech’ community and society for business and residents in the country.”
The Sisolak Administration said corporate-run communities are necessary to foster growth in the high-tech industry in the state and would spur economic growth.
Related Stories
Codes and Standards | Jan 25, 2016
Dept. of Energy releases decision guides for plug and process loads
Plug and process loads consume about 30% of the primary energy in U.S. commercial buildings today.
Codes and Standards | Jan 22, 2016
ConsensusDocs releases new multi-party IPD agreement and joining agreement
The documents serve as a comprehensive revision of previous IPD agreement
Codes and Standards | Jan 22, 2016
State Savings Calculator analyzes savings associated with energy codes
The calculator breaks down the cost-effectiveness of energy codes on a state-by-state basis.
Codes and Standards | Jan 22, 2016
Metal Roofing Seaming Guide published by Metal Construction Association
The free document is specifically tailored for metal roof installation.
Codes and Standards | Jan 22, 2016
Treasury Dept. will start crackdown on illicit money in luxury real estate
The move is expected to impact high-end condo development.
Resiliency | Jan 13, 2016
LEED credits on resiliency expected to influence future of building design
Post-disaster survivability is a key goal.
Codes and Standards | Jan 12, 2016
Batteries are the next step in raising sustainability standards
Battery technology will reduce electricity costs and promote a more stable, flexible grid.
Codes and Standards | Jan 4, 2016
Denver broadens its use of design reviews as construction booms
Support strong, but some wary of giving more say to review boards.
Codes and Standards | Dec 23, 2015
International Code Council approves updates based on NIST study of Joplin, Mo. tornado
Applies to schools and other high occupancy buildings.
Codes and Standards | Dec 21, 2015
Changing building codes to protect against mass shootings at odds with other safety measures
Fire and other emergencies require getting people out quickly, not locking down sections.
