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from the company-towns-and-company-scrip dept.
Nevada bill would allow tech companies to create governments:
Planned legislation to establish new business areas in Nevada would allow technology companies to effectively form separate local governments.
Democratic Gov. Steve Sisolak announced a plan to launch so-called Innovation Zones in Nevada to jumpstart the state's economy by attracting technology firms, Las Vegas Review-Journal reported Wednesday.
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 measure to further economic development with the "alternative form of local government" has not yet been introduced in the Legislature.
[...] The governor's economic development office did not respond to questions about the zones Wednesday.
(Score: 3, Informative) by Leebert on Saturday February 06 2021, @10:33AM (1 child)
The Reedy Creek Improvement District [wikipedia.org] is, for all intents and purposes, a Disney-owned government. By most accounts it works out quite well.
(Score: 0) by Anonymous Coward on Saturday February 06 2021, @10:56AM
Yup.
There is small trail court, 25(?) trailers, that is only Disney employees. as north of Pleasure Island. The mayor is choosen by who has the best front "lawn". They vote on the 4th floor of Team Disney. the land of lawyers. Disney controls that "town", since only an employee and family cane live. If they are fired or quit, you must leave. There is waiting list that 10yrs longs. Rents in in the low $100 for a trailer. So only true Disney files live there.
This town oversee the Police, Fire, Draining the swamp, etc. It also sells municipal bonds. IT is only a town with land mass size of San Fransisco (including water). It crosses two counties and those counties also get sales tax dollars from parks and hotels.