Presidential Allowance Modernization Act of 2015
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.
Action Date | Type | Text | Source |
---|---|---|---|
2016-06-07 | Calendars | Placed on Senate Legislative Calendar under General Orders. Calendar No. 507. | Senate |
2016-06-07 | Committee | Committee on Homeland Security and Governmental Affairs. Reported by Senator Johnson with an amendment in the nature of a substitute. With written report No. 114-271. | Senate |
2016-02-10 | Committee | Committee on Homeland Security and Governmental Affairs. Ordered to be reported with an amendment in the nature of a substitute favorably. | Senate |
2015-05-21 | IntroReferral | Read twice and referred to the Committee on Homeland Security and Governmental Affairs. | Senate |
2015-05-21 | IntroReferral | Introduced in Senate | Library of Congress |