HR.248 - Presidential Allowance Modernization Act

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1/15/2013--Introduced. Presidential Allowance Modernization Act - 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.

Referred To The House Committee On Oversight And Government Reform.
January 15th 2013 @ 12:00 AM

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