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SB 572 - This act creates the Missouri science and innovation reinvestment authority to create, attract, and enhance new and existing science and innovation companies in the state and make Missouri the most attractive state for conducting, facilitating, performing, and supporting science and innovation research, development, and commercialization. The act sets out the powers, duties, and membership of the authority. The authority will have the power to allocate certain percentages of employee income tax withholdings of science and innovation companies to the newly created science and innovation fund along with other revenues derived from federal grants, loans, gifts and bond issuances to enhance Missouri's science and innovation research, development and commercialization. JASON ZAMKUS
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