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Bill116th CongressFiled Feb 27, 2019Government Operations and Politics
S. 580

Presidential Allowance Modernization Act of 2019

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What it doesSummary reported to senate (Jun 27, 2019)

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 just happenedJun 27, 2019

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

Who’s behind it

Sen. Ernst, Joni [R-IA](R-IA)Sponsor
6 cosponsors2 D4 R
Read on Congress.gov
6cosponsors1committees6actions1related bills3subjects
  1. Jun 27, 2019Calendars

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

  2. Jun 27, 2019Committee

    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.

    Homeland Security and Governmental Affairs Committee
  3. Jun 27, 2019Committee14000

    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.

    Homeland Security and Governmental Affairs Committee
  4. May 15, 2019Committee

    Committee on Homeland Security and Governmental Affairs. Ordered to be reported with an amendment in the nature of a substitute favorably.

    Homeland Security and Governmental Affairs Committee
  5. Feb 27, 2019IntroReferral

    Read twice and referred to the Committee on Homeland Security and Governmental Affairs.

    Homeland Security and Governmental Affairs Committee
  6. Feb 27, 2019IntroReferral10000

    Introduced in Senate

Reported to SenateJun 27, 201925

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.

Introduced in SenateFeb 27, 2019

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

Presidential Allowance Modernization Act of 2019 — Informed