Gov. Nixon Signs MOSIRA Bill
JEFFERSON CITY - Missouri Governor Jay Nixon signed the Missouri Science and Innovation Reinvestment Act, known as MOSIRA, into law Friday.
Nixon spokesman Scott Holste called the legislation one of Gov. Nixon's key parts of the ongoing special session of the state legislature.
"Many of the jobs and careers of the future will be created by emerging high-tech companies, and we need to encourage investment by these businesses here in Missouri," Gov. Nixon said in a statement.
"The MOSIRA bill will be a valuable tool to encourage more start-up companies in science and technology to join what is an already growing area for the Show-Me State and our economy. Through MOSIRA, that continued growth will generate even more expansion in research and technology."
The bill will take funds from state revenue and reinvest them in endeavors to bring companies science and innovation sectors to Missouri.
MOSIRA is the second piece of legislation to come out of Jefferson City Friday, with Gov. Nixon signed a bill repealing the controversial law prohibiting interaction between teachers and students on social media websites like Facebook or Twitter.
However, the legislation contains a contingency clause declaring that it will take effect only if a separate bill on economic development is approved.
That measure is unlikely to be passed, and Nixon says courts may have to decide the effect of the contingency clause.