Report: Ballot Proposal Threatens Missouri Jobs, Economy
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St. Louis Post-Dispatch: A proposed constitutional amendment at the center of newly filed legislation could cost the state high-paying jobs and millions of dollars each year in missed economic opportunities, according to a report by the State Auditor’s Office.
The proposed amendment is part of legislation filed this week by state Rep. Cynthia Davis, R-O’Fallon, that aims to restrict lawful stem cell research in the state. State economic development officials sounded a warning earlier this year about the severe effect a similar proposal would have on jobs and the state’s economy. If the amendment passes, the Missouri Department of Economic Development expects “significant economic impact on future research, entrepreneurship and business development within Missouri,” according to the state auditor's review of the earlier proposal.
Affected industries would include the medical and research fields, as well as construction and other related sectors. Salaries in these fields average $55,330 per year for scientists and researchers and $45,490 per year for construction workers, according to the federal Bureau of Labor Statistics. The average annual salary for all occupations in Missouri is $38,580. Before voters could weigh in on the proposed amendment, the legislation filed this week, HJR 49, would have to pass the Missouri House and Senate.
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