114-hr-1777114th Congress

Presidential Allowance Modernization Act of 2016

Sponsored By: Representative Chaffetz, Jason [R-UT-3]

Unknown

Summary

Presidential Allowance Modernization Act Revises provisions relating to presidential pensions to allow former Presidents an annuity of $200,000 and an additional monetary allowance of $200,000 per year. Reduces such pension by the amount that a President's adjusted gross income in a taxable year exceeds $400,000.  Increases from $20,000 to $100,000 the annual annuity of a surviving spouse of a former President.

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & CoSponsors

Sponsor

Chaffetz, Jason [R-UT-3]

UT • R

Cosponsors

  • ELIJAH CUMMINGS

    MD • D

    Sponsored 4/14/2015

  • Rep. Grothman, Glenn [R-WI-6]

    WI • R

    Sponsored 5/19/2015

Roll Call Votes

No roll call votes available for this bill.

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