Presidential Allowance Modernization Act of 2016 passed both chambers and was vetoed on Jul 22, 2016
Written by the Congressional Research Service [2]. 313 words.
Presidential Allowance Modernization Act of 2016
(Sec. 2) This bill revises provisions relating to presidential pensions to allow former Presidents a lifetime annual annuity of $200,000 and an additional annual monetary allowance of $200,000, each adjusted annually for cost-of-living increases as provided by the Social Security Act. It reduces the annual monetary allowance by the amount that a former President's adjusted gross income in a taxable year exceeds $400,000. The bill prohibits the monetary allowance from being less than the amount that the General Services Administration and the U.S. Secret Service determine is needed to pay the increased cost of doing business that is attributable to the security needs of the former President. The annuity and allowance shall not be payable for any period during which a former President holds an appointive or elective position in or under the federal government that pays more than a nominal rate. The bill increases from $20,000 to $100,000 the annual annuity of a surviving spouse of a former President.
(Sec. 3) Nothing in this bill shall be construed to affect: (1) a law relating to the security or protection of a former President or a family member of a former President, or (2) funding to carry out such security or protection.
(Sec. 4) The bill applies to an individual who is a former President or the widow of a former President as of the date of enactment.
(Sec. 5) For a former President receiving a monetary allowance before the enactment of this bill, the reduction of the monetary allowance for adjusted gross income required by this bill applies, except to the extent that it would prevent the former President from being able to pay the cost of a lease or other contract that is in effect on the day before enactment of this bill and under which the former President makes payments using the monetary allowance.
- Committees
- House Oversight and Accountability Committee
Senate Homeland Security and Governmental Affairs Committee - Policy area
- Government Operations and Politics: 580 of 5,914 bills became law, 113th–118th (9.8%)
- Sponsor
- 6 of 76 bills enacted since 2013
- Text versions
- 6, from enrolled bill to engrossed amendment senate · 1,488 words
- Subjects
- Government employee pay, benefits, personnel managementPresidents and presidential powers, Vice Presidents
- Latest action
- Dec 5, 2016: On motion to refer the bill and the accompanying veto message to the Committee on Oversight and Government Reform. Agreed to without objection. (consideration: CR H7178)
- Records
- Congress.gov · Bill text
Each bill appears once, under its strongest link. 2 in all.
Related, per CRS or House · 2
- 114th S. 1411 Presidential Allowance Modernization Act of 2016 R · Reported
- 114th S. 3011 Bolster Accountability to Drive Government Efficiency and Reform Washington Act of 2016 R · Introduced