Missouri Supreme Court Rejects Law Providing Science Startup Fund

Photo Courtesy of St.Louis Post-Dispatch

The Missouri Supreme Court struck down a state law creating a fund to support science startups. The Missouri Science and Innovation Reinvestment Act would have set aside $4 million for growing science companies in the state. MOSIRA was the lone accomplishment of the fall 2011 legislative session that was devoted to economic development. But lawmakers voted to approve MOSIRA that fall contingent on passage of a broader tax credit reform measure, which never happened.

Read more in the St. Louis Post-Dispatch

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