S.580: Presidential Allowance Modernization Act of 2019

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Bill Summary

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...

(Source: Library of Congress)

What Lawmakers Are Saying About This Bill

There are 2 statements associated with S.580.

Congressional Budget Office Estimate

The Congressional Budget Office has produced a cost estimate for S.580.

Bill Actions

Date Description
June 27, 2019
Placed on Senate Legislative Calendar under General Orders. Calendar No. 128.
June 27, 2019
Committee on Homeland Security and Governmental Affairs. Reported by Senator Johnson with an amendment in the nature of a substitute. With written report No. 116-53.
May 15, 2019
Committee on Homeland Security and Governmental Affairs. Ordered to be reported with an amendment in the nature of a substitute favorably.
Feb. 27, 2019
Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
Feb. 27, 2019

Introduced in the Senate by Joni Ernst (R-Iowa)

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