MO SB733

Establishes the Missouri Technology Corporation as a private not-for-profit corporation to promote science and innovation research, commercialization, and technology development in Missouri.

Creates the Missouri Science and Innovation Reinvestment Fund to support science and innovation initiatives through appropriations based on a percentage of gross wage increases at science and innovation companies compared to a fiscal year 2010 baseline.

Designates the Missouri Technology Corporation as the administrative agent for the Life Sciences Research Board and transfers all assets and functions of the Missouri Seed Capital Investment Board to the corporation.

Establishes a 15-member board of directors including state officials and 11 members appointed by the governor, with provisions for executive, audit, and research alliance committees to oversee corporation operations.

Declares this act an emergency measure necessary to attract science and innovation companies to create high-paying jobs, effective immediately upon passage and approval.