S. 580 · 116th Congress
Presidential Allowance Modernization Act of 2019
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Never voted on. It didn't reach a floor vote before the 116th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
ErnstSponsor6 cosponsors · 2 D, 4 R
3 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
This bill replaces provisions governing the compensation provided to a former President.
What it does: CRS summary · Reported to Senate · Jun 27, 2019
Presidential Allowance Modernization Act of 2019
This bill replaces provisions governing the compensation provided to a former President.
Each former President shall receive from the United States (1) an annuity of $200,000 per year for the remainder of his or her life, and (2) a monetary allowance of $200,000 per year. Such allowance shall be reduced by the amount the former President's earned income exceeds $400,000. These monetary amounts are subject to a cost-of-living increase.
The widow or widower of each former President shall be entitled to receive from the United States a monetary allowance at a rate of $100,000 per year, payable monthly by the Department of the Treasury, if such widow or widower waives the right to each other annuity or pension to which she or he is entitled under any other Act of Congress.
This is prospective to future Presidents who have not yet held office.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Presidential Allowance Modernization Act of 2019
Latest action (Jun 27, 2019): Placed on Senate Legislative Calendar under General Orders. Calendar No. 128.
Policy area: Government Operations and Politics · Origin: Senate · Introduced: Feb 27, 2019
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.