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H.R. 2588 · 110th Congress · 2007–2008

Comprehensive Coverdell Modernization Act of 2007

H.R. 2588 in the 110th Congress (2007–2008) was introduced on Jun 6, 2007, sponsored by Thelma Drake with 16 co-sponsors.

During the 110th Congress (2007–2008), George W. Bush was president, and Democrats held the House majority and Republicans the Senate majority.

Status
Introduced
Introduced
Jun 6, 2007
Co-sponsors
16
Policy area
Taxation

What it does

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.

Summary by the nonpartisan Congressional Research Service.

Sponsor

Thelma Drake (R-VA). Co-sponsors: 16 Republicans.

Where it stands

  • IntroducedJun 6, 2007
  • Passed the House—
  • Passed the Senate—
  • Sent to the President—
  • Became law—

Latest action: Referred to the House Committee on Ways and Means. (Jun 6, 2007)

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From GovInfo bill records, Congressional Research Service summaries, Voteview roll calls and lobbying reports.

Cite or embed this page

Capitol Receipts, “H.R. 2588 (110th Congress): Comprehensive Coverdell Modernization…,” https://www.capitolreceipts.com/bill/110-hr-2588/comprehensive-coverdell-modernization-act-of-2007 (accessed 2026-10-17).

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