The Missouri Supreme Court has upheld a decision striking down a 2011 law that created an incentive fund for science and technology-based businesses.
In a unanimous ruling Tuesday, the court said the law was unconstitutional because the Legislature linked it to an unrelated bill about tax credits. That separate bill ultimately did not pass during a 2011 special session.
The measure would have used revenues generated by a group of science and high-tech companies to create a pool to lure more such companies to Missouri and to keep the ones already here from leaving. State Senator Luann Ridgeway (R, Smithville) is not happy with the ruling.