Gov. Nixon outlines plan to bring in high-tech jobs - KMOV.com

Gov. Nixon outlines plan to bring in high-tech jobs

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By Afton Spriggs By Afton Spriggs
By Afton Spriggs By Afton Spriggs
By Afton Spriggs By Afton Spriggs
By Afton Spriggs By Afton Spriggs
By Afton Spriggs By Afton Spriggs

ST. LOUIS (AP) -- Gov. Jay Nixon plans has outlined his plan to create funding aimed at attracting and keeping high-tech scientific and research jobs in Missouri.

Nixon discussed the plan Wednesday at the Donald Danforth Plant Science Center in St. Louis. He planned a similar announcement later in the day in Kansas City.

Nixon called the Missouri Science and Innovation Reinvestment Act a "major component" of his economic development plan for the 2010 legislative session.

The plan would divert an annual portion of the new tax revenues generated by biotechnology companies to a special state fund, from which incentives could be doled out to new or expanding entrepreneurs in the same field.

(Copyright 2009 by The Associated Press. All Rights Reserved.)

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