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S 1791 115th Congress Senate Government Operations and Politics Government employee pay, benefits, personnel management Inflation and prices Presidents and presidential powers, Vice Presidents

Presidential Allowance Modernization Act of 2017

Introduced: September 12, 2017 Introduced by: Ernst, Joni Republican · Iowa See on congress.gov
 Everywhere this bill has been 5 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 26, 2018
Placed on Senate Legislative Calendar under General Orders. Calendar No. 337.
Feb 26, 2018
Committee on Homeland Security and Governmental Affairs. Reported by Senator Johnson without amendment. With written report No. 115-211.
Oct 4, 2017
Committee on Homeland Security and Governmental Affairs. Ordered to be reported without amendment favorably.
Sep 12, 2017
Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
Sep 12, 2017
Introduced in Senate
 Plain-English summary Congressional Research Service

Presidential Allowance Modernization Act of 2017

This bill amends the Former Presidents Act of 1958 to to revise 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; and (2) a monetary allowance of $500,000 per year for five years beginning six months after the expiration of his or her term, $350,000 per year for the next five years, and $250,000 per year thereafter.

Such annuity and allowance shall be increased each year by the same percentage as Social Security benefits.

Such allowance shall be reduced by the amount the former President's earned income exceeds $400,000.

The bill: (1) limits the office staff provided for each former President to not more than 13 individuals, and (2) requires that suitable office space for a former President be provided on a reimbursable basis.

The bill increases and provides for cost-of-living adjustments to the monetary allowance for surviving spouses of former Presidents.

What's happening now February 26, 2018

Placed on Senate Legislative Calendar under General Orders. Calendar No. 337.

 Committees of jurisdiction 1