What special session? the 29th Special Session of the Nevada State Legislature
What’s the issue before the Legislature? Faraday Future wants to builda $1 Billion manufacturing facility for electric cars north of Las Vegas.
- NV legislators will consider $ 215 million dollars in tax breaks to the company over 15 years
- Amend laws to allow local government agencies to waive licenses or permits
- Amend laws to allow financing for water, rail and natural gas improvements
- Revise and fund a special workforce training program for Faraday’s expected 4500 workers.
Remind me is the Governor an R or a D? Governor Sandoval is a R
Is this the 1st time Nevada changed laws for economic development purposes in special session? No, last year it did the same for Tesla.
- Tesla received $1.3 billion in incentives to build a $5 billion gigafactory east of Reno
News4 Reno | Nev. legislature special session underway for Faraday Future deal
Sacramento Bee | Special session on Faraday incentives to continue Friday