HR 1777 · 114th Congress · Government Operations and Politics

Presidential Allowance Modernization Act of 2016

Introduced 2015-04-14· Sponsored by Rep. Chaffetz, Jason [R-UT-3]· House

Bill Progress

1
Introduced
Committee
3
House Vote
4
Senate
5
Enacted
Latest: On motion to refer the bill and the accompanying veto message to the Committee on Oversight and Government Reform. Agreed to without objection. (consideration: CR H7178)(2016-12-05)

Plain Language Summary

[AI summary unavailable — showing source text] 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.…

Summarized by Claude AI · Non-partisan · For informational purposes only

CBO Cost Estimate

Congressional Budget Office

H.R. 1777, Presidential Allowance Modernization Act of 2015

Jun 22, 2015

As ordered reported by the House Committee on Oversight and Government Reform on May 19, 2015

Full CBO report ↗

Official non-partisan budget analysis by the Congressional Budget Office

Cosponsors (2)

1 Democrat1 Republican