HR 2588 · 110th Congress · Taxation

Comprehensive Coverdell Modernization Act of 2007

Introduced 2007-06-06· Sponsored by Rep. Drake, Thelma D. [R-VA-2]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2007-06-06)

Plain Language Summary

[AI summary unavailable — showing source text] Comprehensive Coverdell Modernization Act of 2007 - Amends the Internal Revenue Code to: (1) increase from $2,000 to $4,000 the annual contribution limit to Coverdell education savings accounts; and (2) adjust such contribution limit for inflation after 2008. Makes permanent provisions enacted by the Economic Growth and Tax Relief Reconciliation Act of 2001 relating to Coverdell education savings accounts and qualified tuition programs.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (16)

16 Republicans
Rep. McMorris Rodgers, Cathy [R-WA-5]WA
Rep. Myrick, Sue Wilkins [R-NC-9]NC
Rep. Shimkus, John [R-IL-19]IL
Rep. McHugh, John M. [R-NY-23]NY
Rep. Poe, Ted [R-TX-2]TX
Rep. Weldon, Dave [R-FL-15]FL
Rep. Forbes, J. Randy [R-VA-4]VA
Rep. Fossella, Vito [R-NY-13]NY
Rep. Kuhl, John R. "Randy", Jr. [R-NY-29]NY
Rep. Paul, Ron [R-TX-14]TX
Rep. Bartlett, Roscoe G. [R-MD-6]MD
Rep. Feeney, Tom [R-FL-24]FL
Rep. Diaz-Balart, Mario [R-FL-25]FL
Rep. Terry, Lee [R-NE-2]NE
Rep. Souder, Mark E. [R-IN-3]IN
Rep. Kline, John [R-MN-2]MN