SB 1311 - This act increases the credit allowed for taxes paid to another state by basing the amount of the credit on the tax liability in the foreign state prior subtraction of any tax credits taken in such state. Current law allows the credit, but requires the subtraction of credits that were based on charitable contributions which also qualify for charitable deductions at the federal level. Consistent with the current law, the act requires a reciprocal credit in the foreign state for taxes paid in Missouri in order for the Missouri credit to be used. The act has an effective date of January 1, 2005. JEFF CRAVER