Koster to Appeal Over Mo. Science Incentives Fund
JEFFERSON CITY - Missouri Attorney General Chris Koster plans to appeal a court ruling that invalidated a state fund designed to offer incentives to science or technology companies.
The Missouri Science and Innovation Reinvestment Act was struck down this week because it contained a clause that the law would not take effect without the passage of a separate measure, which was not approved. A trial judge ruled the contingency clause violated the governor's veto power and a requirement that bills contain only one subject.
Koster said Wednesday the science fund is an important development tool that could attract high-tech jobs to Missouri.
The science fund is intended to offer incentives to companies that conduct research or make products in a variety of high-tech fields, including agricultural biotechnology, homeland security, information technology and pharmaceuticals.