Show-Me State Times

The Missouri Chamber of Commerce and Industry is opposing legislation that would restrict employers’ ability to protect themselves through non-compete agreements.

On March 4, the House Special Committee on Small Business heard HB 2787, which would create a new regulatory framework for non-competes and other employment agreements. Missouri employers have long relied upon existing case law and legal precedence when establishing these agreements.

In response to this proposed legislation, the Missouri Chamber testified against what they perceive as interference in the free market economy. Phillip Arnzen, the director of legislative affairs for the Missouri Chamber, expressed concerns about the potential impact of HB 2787 on businesses. He stated, "It’s going to be time-consuming and possibly expensive for businesses to comply with the new law." Arnzen also highlighted the broader implications, saying, “Anytime you’re really changing the way Missouri businesses operate like this, there’s a chance it could slow growth and potentially limit new businesses that want to come to the state.”

The Missouri Chamber's opposition stems from the belief that the bill would not only add complexity and financial burdens for businesses but could also hinder the state's economic development by discouraging new businesses from entering the market.

For further inquiries or information, individuals can contact Phillip Arnzen at parnzen@mochamber.com or 573-634-3511.