United States · Bill · HR
H.R. 4519 (117th)
Presidential Allowance Modernization Act of 2021
Introduced
19 July 2021
Last action
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Status
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.
Sponsors
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Subjects
Discovery layer
Source updated
7 April 2025
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.
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Documents
3 official files
Introduced in House (text)
Introduced in House (text)
Introduced in House · EN · 19 July 2021
Introduced in House (PDF)
Introduced in House · EN · 19 July 2021
Introduced in House
summary · EN · 19 July 2021
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Sources
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- Official source: https://www.congress.gov/bill/117th-congress/house-bill/4519
- Open data entity: https://api.congress.gov/v3/bill/117/hr/4519