Presidential Allowance Modernization Act of 2017
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.
Sec. 2 Amendments
“(a) Annuities and allowances
“(1) Annuity—Each former President shall be entitled to receive from the United States an annuity, subject to subsections (b) and (c)—
“(A) at the rate of $200,000 per year; and
“(B) which shall commence on the day after the date on which an individual becomes a former President.
“(2) Allowance—The General Services Administration is authorized to provide each former President a monetary allowance, subject to appropriations and subsections (b), (c), and (d), at the rate of—
“(A) $500,000 per year for 5 years beginning on the day after the last day of the period described in the first sentence of section 5 of the Presidential Transition Act of 1963 (3 U.S.C. 102 note);
“(B) $350,000 per year for the 5 years following the 5-year period under subparagraph (A); and
“(C) $250,000 per year thereafter.
“(b) Duration; frequency
“(1) In general—The annuity and monetary allowance under subsection (a) shall—
“(A) terminate on the date that is 30 days after the date on which the former President dies; and
“(B) be payable by the Secretary of the Treasury on a monthly basis.
“(2) Appointive or elective positions—The annuity and monetary 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.
“(c) Cost-of-Living increases—Effective December 1 of each year, each annuity and monetary 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)).
“(d) Limitation on monetary allowance
“(1) 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—
“(A) except as provided in subparagraph (B), may not exceed the amount by which—
“(i) the monetary allowance that (but for this subsection) would otherwise be so payable for the 12-month period, exceeds (if at all)
“(ii) the applicable reduction amount for the 12-month period; and
“(B) shall not be less than the amount determined under paragraph (4).
“(2) Definition
“(A) 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—
“(i) the earned income (as defined in section 32(c)(2) of the Internal Revenue Code of 1986) of the former President for the most recent taxable year for which a tax return is available, exceeds (if at all)
“(ii) $400,000, subject to subparagraph (C).
“(B) Joint returns—In the case of a joint return, 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.
“(C) 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).
“(3) Disclosure requirement
“(A) Definitions—In this paragraph—
“(i) the terms return and return information have the meanings given those terms in section 6103(b) of the Internal Revenue Code of 1986; and
“(ii) the term Secretary means the Secretary of the Treasury or the Secretary of the Treasury's delegate.
“(B) 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.
“(C) 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)—
“(i) disclose the return or return information to any entity or person; or
“(ii) use the return or return information for any purpose other than to calculate the applicable reduction amount under paragraph (2).
“(4) 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) of this subsection, the Administrator of General Services, in coordination with the Director of the United States Secret Service, shall determine the amount of the monetary allowance that is needed to pay the increased cost of doing business that is attributable to the security needs of the former President.”
“(f) Office staff
“(1) In general—The Administrator of General Services shall, without regard to the civil service and classification laws, provide for each former President an office staff of not more than 13 individuals, at the request of the former President, on a reimbursable basis.
“(2) Compensation—The annual rate of compensation payable to any individual under paragraph (1) shall not exceed the highest annual rate of basic pay for positions at level II of the Executive Schedule under section 5313 of title 5, United States Code.
“(3) Selection; responsibility—An individual employed under this subsection—
“(A) shall be selected by the former President; and
“(B) shall be responsible only to the former President for the performance of duties.
“(g) Office space and related furnishings and equipment
“(1) Office space—The Administrator of General Services (referred to in this subsection as the Administrator) shall, at the request of a former President, on a reimbursable basis provide for the former President suitable office space, as determined by the Administrator, at a place within the United States specified by the former President.
“(2) Furnishings and equipment
“(A) Reimbursable—The Administrator may, at the request of a former President, provide the former President with suitable office furnishings and equipment on a reimbursable basis.
“(B) Without reimbursement
“(i) Grandfathered former Presidents—In the case of any individual who is a former President on the date of enactment of the Presidential Allowance Modernization Act of 2017, the former President may retain without reimbursement any furniture and equipment in the possession of the former President.
“(ii) Presidential Transition Act—A former President may retain without reimbursement any furniture or equipment acquired under section 5 of the Presidential Transition Act of 1963 (3 U.S.C. 102 note).
“(iii) Excess furniture and equipment—The Administrator may provide excess furniture and equipment to the office of a former President at no cost other than necessary transportation costs.”
“(j) Applicability—Subsections (f), (g) (other than paragraph (2)(B)(i) of that subsection), and (i) shall apply with respect to a former President on and after the day after the last day of the period described in the first sentence of section 5 of the Presidential Transition Act of 1963 (3 U.S.C. 102 note).”
“(4) 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).”