The Governor of Nevada plans to introduce new legislation that would effectively allow tech companies to form separate local governments within the state. In a draft proposal Governor Steve Sisolak calls for creating what he calls “Innovation Zones.” Were the legislation to pass, companies with substantial amounts of money that operate in verticals like blockchain, artificial intelligence and renewables would have the option to form local governments with the same powers and responsibilities as counties. That means they would be able to collect taxes, as well as operate things like school boards and courts.

The draft bill suggests the traditional local government model is “inadequate alone to provide the flexibility and resources conducive to making the State a leader in attracting and retaining new forms and types of businesses and fostering economic development in emerging technologies and innovative industries.”

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