The zones would permit companies with large areas of land to form governments carrying the same authority as counties, including the ability to impose taxes, form school districts and courts and provide government services.
The draft proposal said the traditional local government model is “inadequate alone” to provide the resources to make Nevada a leader in attracting and retaining businesses and fostering economic development in emerging technologies and industries.
The Governor’s Office of Economic Development would oversee applications for the zones, which would be limited to companies working in specific business areas including blockchain, autonomous technology, the Internet of Things, robotics, artificial intelligence, wireless, biometrics and renewable resource technology.
Zone requirements would include applicants owning at least 78 square miles (202 square kilometers) of undeveloped, uninhabited land within a single county but separate from any city, town or tax increment area. Companies would have at least $250 million and plans to invest an additional $1 billion in their zones over 10 years.
The zones would initially operate with the oversight of their location counties, but would eventually take over county duties and become independent governmental bodies.
The zones would have three-member supervisor boards with the same powers as county commissioners. The businesses would maintain significant control over board membership.