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United States · Bill · S

S. 141 (110th)

College Savings Act of 2007

openUnited States· United States Congress· EN

Introduced

4 January 2007

Last action

Status

Sponsor introductory remarks on measure. (CR S572-573)

Sponsors

Subjects

Discovery layer

Source updated

14 August 2025

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.

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Documents

3 official files

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Sources

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