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S 580 116th 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 2019

Introduced: February 27, 2019 Introduced by: Ernst, Joni Republican · Iowa See on congress.gov
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 Everywhere this bill has been 5 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 27, 2019
Placed on Senate Legislative Calendar under General Orders. Calendar No. 128.
Jun 27, 2019
Committee on Homeland Security and Governmental Affairs. Reported by Senator Johnson with an amendment in the nature of a substitute. With written report No. 116-53.
May 15, 2019
Committee on Homeland Security and Governmental Affairs. Ordered to be reported with an amendment in the nature of a substitute favorably.
Feb 27, 2019
Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
Feb 27, 2019
Introduced in Senate
 Plain-English summary Congressional Research Service

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.

What's happening now June 27, 2019

Placed on Senate Legislative Calendar under General Orders. Calendar No. 128.

 Committees of jurisdiction 1
 Cosponsors 3
All 3 Democratic 1 Republican 2