United States · Bill · S
S. 501 (118th)
Presidential Allowance Modernization Act of 2023
Introduced
16 February 2023
Last action
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Status
Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
Sponsors
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Subjects
Discovery layer
Source updated
27 May 2025
Summary
Presidential Allowance Modernization Act of 2023 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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Versions
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Documents
3 official files
Introduced in Senate (text)
Introduced in Senate (text)
Introduced in Senate · EN · 16 February 2023
Introduced in Senate (PDF)
Introduced in Senate · EN · 16 February 2023
Introduced in Senate
summary · EN · 16 February 2023
Sponsors
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Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/118th-congress/senate-bill/501
- Open data entity: https://api.congress.gov/v3/bill/118/s/501