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United States · Bill · S

S. 3703 (117th)

Presidential Allowance Modernization Act of 2022

referredUnited States· United States Congress· EN

Introduced

17 February 2022

Last action

Status

Read twice and referred to the Committee on Homeland Security and Governmental Affairs.

Sponsors

Subjects

Discovery layer

Source updated

7 April 2025

Summary

Presidential Allowance Modernization Act of 2022 This bill replaces 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 for the remainder of his or her life, and (2) a monetary allowance of $200,000 per year. Such allowance shall be reduced by the amount the former President's earned income exceeds $400,000. These monetary amounts are subject to a cost-of-living increase. The bill increases and provides for cost-of-living adjustments to the monetary allowance for surviving spouses of former Presidents.

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Documents

3 official files

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Sources

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