Home > Legislation > 115th Congress > S.1791

S.1791 - Presidential Allowance Modernization Act of 2017115th Congress (2017-2018) |

Bill

Hide Overview
Sponsor: Sen. Ernst, Joni [R-IA] (Introduced 09/12/2017)
Committees: Senate - Homeland Security and Governmental Affairs
Committee Reports: S. Rept. 115-211
Latest Action: Senate - 02/26/2018 Placed on Senate Legislative Calendar under General Orders. Calendar No. 337.  (All Actions)

Tracker:

This bill has the status Introduced

Here are the steps for Status of Legislation:

  1. Introduced
  2. Passed Senate
  3. Passed House
  4. To President
  5. Became Law

More on This Bill

  • CBO Cost Estimates [1]

Subject — Policy Area:

Summary: S.1791 — 115th Congress (2017-2018)All Information (Except Text)

Bill summaries are authored by CRS.

Shown Here:
Reported to Senate without amendment (02/26/2018)

Presidential Allowance Modernization Act of 2017

This bill amends the Former Presidents Act of 1958 to to revise 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; and (2) a monetary allowance of $500,000 per year for five years beginning six months after the expiration of his or her term, $350,000 per year for the next five years, and $250,000 per year thereafter.

Such annuity and allowance shall be increased each year by the same percentage as Social Security benefits.

Such allowance shall be reduced by the amount the former President's earned income exceeds $400,000.

The bill: (1) limits the office staff provided for each former President to not more than 13 individuals, and (2) requires that suitable office space for a former President be provided on a reimbursable basis.

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