Presidential Allowance Modernization Act of 2021
Latest action · Jul 19, 2021 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.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedJul 19, 2021
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
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.
Cosponsors 1
Members who signed on, in the order they did. All signed on Jul 19, 2021.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-CA | Ro Khanna | Original | Jul 19, 2021 |
Actions 2
Everything that happened, newest first.
- Jul 19, 2021Introduced in House
- Jul 19, 2021Referred 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.
Related bills 1
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| S 3703 | Presidential Allowance Modernization Act of 2022 | Related bill | Feb 17, 2022 |
Subjects
Assigned by the Library of Congress. Policy area: Government Operations and Politics.
Text 1
Each version as it was printed, newest first.
- Jul 19, 2021Introduced in House
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.