One Hundred Fourteenth Congress of the United States of America
At the Second Session
Begun and held at the City of Washington on Monday, the fourth day of January, two thousand and sixteen
H. R. 1777
AN ACT
To amend the Act of August 25, 1958, commonly known as the Former Presidents Act of 1958
, with respect to the monetary allowance payable to a former President, and for other purposes.
Short title
This Act may be cited as the Presidential Allowance Modernization Act of 2016
.
Amendments
Former Presidents
The first section of the Act entitled An Act to provide retirement, clerical assistants, and free mailing privileges to former Presidents of the United States, and for other purposes
, approved August 25, 1958 (commonly known as the Former Presidents Act of 1958) (3 U.S.C. 102 note), is amended by striking the matter preceding subsection (e) and inserting the following:
In general
Each former President shall be entitled for the remainder of his or her life to receive from the United States—
an annuity at the rate of $200,000 per year, subject to subsection (c); and
a monetary allowance at the rate of $200,000 per year, subject to subsections (c) and (d).
Duration; frequency
In general
The annuity and allowance under subsection (a) shall each—
commence on the day after the date on which an individual becomes a former President;
terminate on the date on which the former President dies; and
be payable by the Secretary of the Treasury on a monthly basis.
Appointive or elective positions
The annuity and allowance under subsection (a) shall not be payable for any period during which a former President holds an appointive or elective position in or under the Federal Government to which is attached a rate of pay other than a nominal rate.
Cost-of-Living increases
Effective December 1 of each year, each annuity and allowance under subsection (a) that commenced before that date shall be increased by the same percentage by which benefit amounts under title II of the Social Security Act (42 U.S.C. 401 et seq.) are increased, effective as of that date, as a result of a determination under section 215(i) of that Act (42 U.S.C. 415(i)).
Limitation on monetary allowance
In general
Notwithstanding any other provision of this section, the monetary allowance payable under subsection (a)(2) to a former President for any 12-month period—
except as provided in subparagraph (B), may not exceed the amount by which—
the monetary allowance that (but for this subsection) would otherwise be so payable for such 12-month period, exceeds (if at all)
the applicable reduction amount for such 12-month period; and
shall not be less than the amount determined under paragraph (4).
Definition
In general
For purposes of paragraph (1), the term applicable reduction amount means, with respect to any former President and in connection with any 12-month period, the amount by which—
the sum of—
the adjusted gross income (as defined in section 62 of the Internal Revenue Code of 1986) of the former President for the most recent taxable year for which a tax return is available; and
any interest excluded from the gross income of the former President under section 103 of such Code for such taxable year, exceeds (if at all)
$400,000, subject to subparagraph (C).
Joint returns
In the case of a joint return, subclauses (I) and (II) of subparagraph (A)(i) shall be applied by taking into account both the amounts properly allocable to the former President and the amounts properly allocable to the spouse of the former President.
Cost-of-living increases
The dollar amount specified in subparagraph (A)(ii) shall be adjusted at the same time that, and by the same percentage by which, the monetary allowance of the former President is increased under subsection (c) (disregarding this subsection).
Disclosure requirement
Definitions
In this paragraph—
the terms return and return information have the meanings given those terms in section 6103(b) of the Internal Revenue Code of 1986; and
the term Secretary means the Secretary of the Treasury or the Secretary of the Treasury's delegate.
Requirement
A former President may not receive a monetary allowance under subsection (a)(2) unless the former President discloses to the Secretary, upon the request of the Secretary, any return or return information of the former President or spouse of the former President that the Secretary determines is necessary for purposes of calculating the applicable reduction amount under paragraph (2) of this subsection.
Confidentiality
Except as provided in section 6103 of the Internal Revenue Code of 1986 and notwithstanding any other provision of law, the Secretary may not, with respect to a return or return information disclosed to the Secretary under subparagraph (B)—
disclose the return or return information to any entity or person; or
use the return or return information for any purpose other than to calculate the applicable reduction amount under paragraph (2).
Increased costs due to security needs
With respect to the monetary allowance that would be payable to a former President under subsection (a)(2) for any 12-month period but for the limitation under paragraph (1), the Administrator of General Services, in coordination with the Director of the United States Secret Service, shall determine the amount of the allowance that is needed to pay the increased cost of doing business that is attributable to the security needs of the former President.
.
Surviving spouses of former Presidents
Increase in amount of monetary allowance
Subsection (e) of the first section of the Former Presidents Act of 1958 is amended—
in the first sentence, by striking $20,000 per annum,
and inserting $100,000 per year (subject to paragraph (4)),
; and
in the second sentence—
in paragraph (2), by striking and
at the end;
in paragraph (3)—
by striking or the government of the District of Columbia
; and
by striking the period and inserting ; and
; and
by inserting after paragraph (3) the following:
shall, after its commencement date, be increased at the same time that, and by the same percentage by which, annuities of former Presidents are increased under subsection (c).
.
Coverage of widower of a former President
Subsection (e) of the first section of the Former Presidents Act of 1958, as amended by paragraph (1), is amended—
by striking widow
each place it appears and inserting widow or widower
; and
by striking she
and inserting she or he
.
Subsection headings
The first section of the Former Presidents Act of 1958 is amended—
in subsection (e), by inserting after the subsection enumerator the following: Widows and widowers.—
;
in subsection (f), by inserting after the subsection enumerator the following: Definition.—
; and
in subsection (g), by inserting after the subsection
enumerator the following: Authorization of appropriations.—
.
Rule of construction
Nothing in this Act or an amendment made by this Act shall be construed to affect—
any provision of law relating to the security or protection of a former President or a member of the family of a former President; or
funding, under the Former Presidents Act of 1958 or any other law, to carry out any provision of law described in paragraph (1).
Transition rules
Former Presidents
In the case of any individual who is a former President on the date of enactment of this Act, the amendment made by section 2(a) shall be applied as if the commencement date referred in subsection (b)(1)(A) of the first section of the Former Presidents Act of 1958, as amended by section 2(a), coincided with such date of enactment.
Widows
In the case of any individual who is the widow of a former President on the date of enactment of this Act, the amendments made by section 2(b)(1) shall be applied as if the commencement date referred to in subsection (e)(1) of the first section of the Former Presidents Act of 1958, as amended by section 2(b)(1), coincided with such date of enactment.
Applicability
For a former President receiving a monetary allowance under the Former Presidents Act of 1958 on the day before the date of enactment of this Act, the limitation under subsection (d)(1) of the first section of that Act, as amended by section 2(a), shall apply to the monetary allowance of the former President, except to the extent that the application of the limitation would prevent the former President from being able to pay the cost of a lease or other contract that is in effect on the day before the date of enactment of this Act and under which the former President makes payments using the monetary allowance, as determined by the Administrator of General Services.
Speaker of the House of Representatives.
Vice President of the United States and President of the Senate.