Economic Development Leaders Urge Nevada Legislature to Pass AB 413

Las Vegas Global Economic AllianceAB 413 would create jobs and put Southern Nevada on a level playing field

(LAS VEGAS) – Today, economic development leaders from the Las Vegas Global Economic Alliance announced their support for AB 413, a bill currently being considered by the Nevada Legislature.

AB 413 is enabling legislation that would give the Clark County Board of Commissioners the opportunity to implement fuel tax indexing in Clark County. All counties in Nevada have been granted permission from the Nevada Legislature to consider indexing their fuel taxes – except Clark County.  If the legislature passes AB 413, it could mean that Southern Nevada could raise more than $800 million in road construction funding for Clark County and create more than 11,000 jobs.

“In order to grow our economy, we need an excellent infrastructure to move goods and people efficiently throughout the valley,” said Glenn Christenson, chairman of the Las Vegas Global Economic Alliance. “Developing the infrastructure we need for the 21st century will result in the creation of a very significant number of high paying jobs in Southern Nevada. In addition, we’ve been at a competitive disadvantage in Clark County because literally every other county in the state has the ability to address their infrastructure needs. We’ve been at a competitive disadvantage long enough, so I’m calling on the Legislature and the Governor to quickly pass this bill.”

Missy Young, executive vice president of Colocation at Switch, added: “Clark County is the economic engine of this state. We need the infrastructure to keep our economy moving. We need to make sure that our region has its fair share of infrastructure funds so that it can create jobs for our residents. That’s why I’m calling on the Legislature and the Governor to pass AB 413.”

LVGEA President and Chief Executive Officer Tom Skancke said that if Southern Nevada is going to excel in the global economy, we must enhance our connection points both at home and to the world.

“The Legislature and the Governor have the opportunity to create jobs, enhance our global competitiveness, and, quite frankly, show some simple fairness by giving Clark County the same competitive opportunity every other county in the state has: to index its own fuel tax,” Skancke said. “Let’s get this job done.”

About Las Vegas Global Economic Alliance

The Las Vegas Global Economic Alliance is a 501(c)6 membership organization dedicated to diversifying the economy in Southern Nevada and building the foundations for long term economic growth.  For more information, call 702.791.000 or visit www.lvega.org. The Las Vegas Global Economic Alliance is located in The Rob Roy inNEVation Center.

About Switch

Switch is the world’s most reliable technology ecosystem, in the country’s safest desert. Switch is a Nevada-based technology ecosystem that includes the Switch SuperNAP, a 407,000-square-foot facility that houses the servers of Google, VMWare, HP, Intuit, eBay, Zappos, and many more. The SuperNAP has gained global attention through its use of patented technology to house servers at a density that far surpasses industry standards, with additional safeguards provided by armed security and Las Vegas’ unique geography as a city free from natural disasters. The company provides colocation, connectivity and cloud services, all on an expansive technology campus in Las Vegas. Switch also powers the inNEVation Center – the first public/private economic diversification effort of its kind. For more on Switch, visit switchlv.com or contact Kristi Overgaard at ko@switchlv.com.

About the Rob Roy InNEVation Center

The Rob Roy inNEVation Center is the first public/private economic diversification effort of its kind. It was developed by Rob Roy, the Founder and CEO of Switch, Nevada’s most successful tech start-up to date. The more than 40,000-square-foot center is a COWORKING environment where start-ups and entrepreneurs (inNEVators) converge with business luminaries, political leaders, and investors (COLLABORATORS) to launch and nurture new ventures. It’s also a thriving business community complete with networking opportunities and educational and promotional events held at a state-of-the-art venue. The inNEVation Center is powered by Switch, the Las Vegas-based technology superpower whose globally dominant SuperNAP provides 100% secure uptime for the servers of Google, VMWare, HP, Intuit, eBay, Zappos, and 462 others. For more on the Rob Roy inNEVation Center, visit inNEVation.com or contact Richard Ethington at rethington@innevation.com.

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