HR 590 · 110th Congress · Taxation

Student Financial Readiness Act of 2007

Introduced 2007-01-19· Sponsored by Rep. Knollenberg, Joe [R-MI-9]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2007-01-19)

Plain Language Summary

[AI summary unavailable — showing source text] Student Financial Readiness Act of 2007 - Amends the Internal Revenue Code to: (1) increase from $2,000 to $5,000 the annual contribution limit to Coverdell education savings accounts; (2) adjust such contribution limit for inflation after 2007; and (3) prohibit contributions by individuals whose modified adjusted gross income exceeds $150,000 ($300,000 for married couples filing joint tax returns).…

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

Cosponsors (9)

1 Democrat8 Republicans
Rep. Souder, Mark E. [R-IN-3]IN
Rep. Upton, Fred [R-MI-6]MI
Rep. Burton, Dan [R-IN-5]IN
Rep. Miller, Jeff [R-FL-1]FL
Rep. Myrick, Sue Wilkins [R-NC-9]NC
Rep. McCaul, Michael T. [R-TX-10]TX
Rep. Terry, Lee [R-NE-2]NE
Rep. Walberg, Timothy [R-MI-7]MI
Rep. Cuellar, Henry [D-TX-28]TX