118th Congress Government Operations and Politics
S. 501: Presidential Allowance Modernization Act of 2023
Introduced
- Introduced (completed)
- Passed Senate (not reached)
- Passed House (not reached)
- To the President (not reached)
- Became law (not reached)
Summary
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.
Written by the Congressional Research Service, Library of Congress.
Roll calls
No roll call votes have been held on this bill.
Amendments
No amendments were offered to this bill.
Cosponsors
- Margaret Hassan D-NHOriginal
- Mike Braun R-IN
Who scored on this bill
- 1Joni Ernst SponsorDrew cross-party cosponsors, introduced2 events+6
See all scorers and every scoring event
Introductions and cosponsorships count toward weekly caps and show no points.
Other bills by Joni Ernst
- S. 766: Billion Dollar Boondoggle Act of 2025
- S. 4505: To require the United States Postal Service to designate ZIP Codes for certain communities
- S. 3971: Small Business Innovation and Economic Security Act
- S. 872: Stop Secret Spending Act of 2025
- S. 1555: Made in America Manufacturing Finance Act of 2025
- S. 1199: SBA Fraud Enforcement Extension Act
History
- Introduced in the Senate by Joni Ernst.
Show the full action history (2 actions)
- Introduced in Senate
- Read twice and referred to the Committee on Homeland Security and Governmental Affairs.