SCS/SB 324 - This act authorizes a state tax deduction of up to $4,000 per taxpayer for contributions made to qualified educational savings programs sponsored by other states. No person cannot deduct more than $8,000, in the aggregate, in a fiscal year for contributions to a Missouri educational savings program or another state's educational savings program. Such programs must meet certain investor protection measures promulgated the Missouri higher education savings program board. Contributions to the program must be held for at least one year. Contributions and earnings in the program shall not be considered income when determining a student's eligibility for financial assistance under any state aid program. This act is similar to SB 933 (2004). JIM ERTLE