Presidential Allowance Modernization Act of 2022
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Presidential Allowance Modernization Act of 2022
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 bill increases and provides for cost-of-living adjustments to the monetary allowance for surviving spouses of former Presidents.
Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
- Introduced in Senate Formatted Text PDF Formatted XML
Cite this page
U.S. Congress. (2026). S. 3703: Presidential Allowance Modernization Act of 2022. 117th Congress. Open America. https://openamerica.io/bill/117-S-3703/
"S. 3703: Presidential Allowance Modernization Act of 2022." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-S-3703/.
S. 3703, 117th Cong. (2026), https://openamerica.io/bill/117-S-3703/.
[S. 3703: Presidential Allowance Modernization Act of 2022](https://openamerica.io/bill/117-S-3703/)