Presidential Allowance Modernization Act of 2021
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Presidential Allowance Modernization Act of 2021
This bill revises the compensation provided to a President who leaves office after enactment of this bill or such a President's widow or widower.
Each such President, excluding a President removed from office through impeachment, shall receive (1) an annuity of $200,000 per year for the remainder of the President's life, and (2) a monetary allowance of $200,000 per year. Such allowance shall be reduced by the amount the President's earned income exceeds $400,000. These monetary amounts are subject to a cost-of-living increase.
The widow or widower of each such President shall be entitled to receive $100,000 per year, payable monthly, if such individual waives the right to each other annuity or pension to which the individual is entitled. This amount is subject to a cost-of-living increase.
Referred to the Committee on Oversight and Reform, and in addition to the Committee on the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
- Introduced in House Formatted Text PDF Formatted XML
Cite this page
U.S. Congress. (2026). H.R. 4519: Presidential Allowance Modernization Act of 2021. 117th Congress. Open America. https://openamerica.io/bill/117-HR-4519/
"H.R. 4519: Presidential Allowance Modernization Act of 2021." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-HR-4519/.
H.R. 4519, 117th Cong. (2026), https://openamerica.io/bill/117-HR-4519/.
[H.R. 4519: Presidential Allowance Modernization Act of 2021](https://openamerica.io/bill/117-HR-4519/)