Comprehensive Coverdell Modernization Act of 2007
Latest action · Jun 6, 2007 Referred to the House Committee on Ways and Means.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedJun 6, 2007
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
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.
Cosponsors 16
Members who signed on, in the order they did. Signatures ran from Jun 7, 2007 to Jun 20, 2008.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| R-WA | Cathy McMorris Rodgers | Jun 7, 2007 | |
| R-NC | Sue Wilkins Myrick | Jun 18, 2007 | |
| R-IL | John Shimkus | Jun 19, 2007 | |
| R-NY | John M. McHugh | Jun 22, 2007 | |
| R-TX | Ted Poe | Jun 25, 2007 | |
| R-FL | Dave Weldon | Jun 28, 2007 | |
| R-VA | J. Randy Forbes | Sep 4, 2007 | |
| R-NY | John R. "Randy" Kuhl Jr. | Feb 14, 2008 | |
| R-NY | Vito Fossella | Feb 14, 2008 | |
| R-TX | Ron Paul | Feb 25, 2008 | |
| R-MD | Roscoe G. Bartlett | Feb 25, 2008 | |
| R-FL | Tom Feeney | Feb 28, 2008 | |
| R-FL | Mario Diaz-Balart | Mar 10, 2008 | |
| R-NE | Lee Terry | Mar 12, 2008 | |
| R-IN | Mark E. Souder | Jun 3, 2008 | |
| R-MN | John Kline | Jun 20, 2008 |
Committees 1
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| House | Ways and Means Committee | Referred Jun 6, 2007 |
Actions 2
Everything that happened, newest first.
- Jun 6, 2007Introduced in House
- Jun 6, 2007Referred to the House Committee on Ways and Means.
Related bills 1
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| HR 590 | Student Financial Readiness Act of 2007 | Related bill | Jan 19, 2007 |
Titles 2
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- To amend the Internal Revenue Code of 1986 to modify the annual contribution limit for Coverdell education savings accounts.
- Short Titles as Introduced
- Comprehensive Coverdell Modernization Act of 2007
Subjects
Assigned by the Library of Congress. Policy area: Taxation.
Text 1
Each version as it was printed, newest first.
- Jun 6, 2007Introduced in House
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.
