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- S.141
S.141: College Savings Act of 2007
About This Bill
- This bill was introduced in the 110th Congress
- This bill is primarily about congress
- Introduced Jan. 4, 2007
- Latest Major Action Jan. 16, 2007
- See the two similar bills introduced in other congresses.
Bill Sponsor
Bill Summary
College Savings Act of 2007 - Amends the Internal Revenue Code to: (1) increase the maximum annual contribution limit for Coverdell education savings accounts from $2,000 to $5,000 and make such increase permanent; and (2) allow a tax deduction up to $5,000 for contributions to an education savings account.
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
| Date | Description |
|---|---|
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Read twice and referred to the Committee on Finance.
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Sponsor introductory remarks on measure.
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| Jan. 4, 2007 |
Introduced in the Senate by Maria Cantwell (D-Wash.) |