Modifies provisions relating to rural economic development

HB 947 modifies rural economic development provisions by prioritizing rural road projects with high fatality rates in Missouri's statewide transportation planning. It mandates a study on Mississippi River basin improvements, including extending navigation to 12 months, upgrading locks to 1,200 feet, and adding hydropower at existing dams, with findings due by December 2026. The bill also establishes new rules for the Missouri Technology Corporation, defining its role in boosting science-based economic growth through business innovation, workforce development, and supporting universities statewide. These changes directly affect rural communities, transportation planners, river basin stakeholders, and businesses seeking technology-based economic opportunities. The legislation focuses on concrete infrastructure upgrades and institutional structure rather than new funding or tax changes.