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Nevada Governor Pushes Expanded State Infrastructure Bank

CARSON CITY, Nev. (AP) — Nevada Gov. Steve Sisolak wants lawmakers to fund a state infrastructure bank that could be used to help build new roads, public transportation systems or energy projects.

Sisolak and Nevada Treasurer Zach Conine presented a proposal in the Legislature on Monday and argued the bank would allow Nevada to better handle the federal relief dollars passed by U.S. Congress.

Sisolak said he expected projects that received loans from the infrastructure bank could create 16,000 construction jobs by the end of the year. Conine said the bank would supplement the proposed $75 million initial investment with federal relief dollars.