HR 1496 · 116th Congress · Government Operations and Politics

Presidential Allowance Modernization Act of 2019

Introduced 2019-03-05· Sponsored by Rep. Hice, Jody B. [R-GA-10]· House

Bill Progress

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Introduced
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Committee
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House Vote
4
Senate
5
Enacted
Latest: Received in the Senate.(2019-10-17)

Plain Language Summary

[AI summary unavailable — showing source text] Presidential Allowance Modernization Act of 2019 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.…

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

CBO Cost Estimate

Congressional Budget Office

H.R. 1496, Presidential Allowance Modernization Act of 2019

Apr 10, 2019

As ordered reported by the House Committee on Oversight and Reform on March 26, 2019

Full CBO report ↗

Official non-partisan budget analysis by the Congressional Budget Office

Cosponsors (1)

1 Democrat
Rep. Cummings, Elijah E. [D-MD-7]MD