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Nevada Gov. Steve Sisolak introduces “innovation zone” legislation during a zoom call on Friday, Feb. 26, 2021.
Image courtesy of Gov. Steve Sisolak’s office
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Robert Davis) – Nevada Gov. Steve Sisolak unveiled a legislative proposal Friday that would allow tech companies to create their own government entities within the state.
“We want to grow our economy beyond casinos and gaming,” Sisolak said. “Great strides have been made in recent years, but too many Nevadans still find themselves vulnerable during economic downturns.”
Known as “innovation zones,” the governor’s office described the proposal as an “opportunity for companies who commit to a significant investment into Nevada the ability to develop new industries in the state centered around groundbreaking technologies.” The zones would be accessible by industries such as renewable energy, blockchain, robotics, artificial intelligence, and wireless technology.
Nevada is home to more residents this year than it was in 2019. (Image: AP)
The Census Bureau says roughly 47,500 people moved to Nevada during the 12-month time frame. It’s the 10th consecutive year that Nevada has seen its population increase.
Nevada is the third-fastest growing state behind Idaho and Arizona. Conversely, neighboring California saw its population decrease 0.2 percent to 39.3 million residents.
Nevada hits the jackpot when it comes to being an attractive state to relocate. It boasts a reasonable cost of living, a strong economy with diverse job opportunities at least prior to the COVID-19 pandemic and there is no personal income tax.