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  • Not enacted
    The President has not signed this bill
  • The senate has not voted
  • The house has not voted
      house Committees
      House Committee on Oversight and Government Reform
    IntroducedJanuary 15th, 2013

Bill Details

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Title

Presidential Allowance Modernization Act

Official Title

To amend the Act of August 25, 1958, commonly known as the "Former Presidents Act of 1958", with respect to the monetary allowance payable to a former President, and for other purposes.

Summary

Presidential Allowance Modernization Act - Revises provisions relating to presidential pensions to allow former Presidents an annuity of $200,000 and an additional monetary allowance of $200,000 per year. Reduces such pension by the amount that a President's adjusted gross income in a taxable year exceeds $400,000.  Increases from $20,000 to $100,000 the annual annuity of a surviving spouse of a former President.