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United States · Bill · HR

H.R. 5701 (109th)

Student Financial Readiness Act of 2006

referredUnited States· United States Congress· EN

Introduced

28 June 2006

Last action

Status

Referred to the House Committee on Ways and Means.

Sponsors

Subjects

Discovery layer

Source updated

15 August 2025

Summary

Student Financial Readiness Act of 2006 - 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 2006; and (3) prohibit contributions by individuals whose modified adjusted gross income exceeds $150,000 ($300,000 for married couples filing joint tax returns).

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Documents

3 official files

Introduced in House (text)

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Sources

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