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The Nevada Independent

Economy

Bills look to boost Nevada’s entrepreneurial ecosystem

The Governor’s Office for Economic Development (GOED) is investing in entrepreneurship this session with bills such as AB41, which would create the Nevada Innovation Account, and AB77, Assemblyman Steve Yeager’s (D-Las Vegas) proposal to create an Office of Entrepreneurship within GOED.

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East front U.S. Capitol Nov. 16, 2018. (Humberto Sanchez/The Nevada Independent).

With U.S. nearing default, experts warn Nevada's economy could tank quickly

If the U.S. defaults on its debt, the Treasury will be unable to make payments, potentially ranging from retirees’ Social Security to servicemembers’ pay at Nellis or Creech Air Force bases. And the longer-term implications could be even more devastating, with a default likely triggering a downgrade of U.S. credit, a rise in costs and even a global recession powered by a weak dollar and job losses.

Cannabis companies seek advance notice before state charges them for costly investigations

With an amendment, SB195 also seeks to require the CCB to provide estimates for the costs of investigations prior to the commencement of any investigation, remove the CCB’s authority to deny a license, transfer of interest, application, renewal or any regulatory process available to licensees for failure to pay fees, and introduce an appellate process for licensees.

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