,i #aacth ,,congress #ast ,session ,h4 ,r4 #bdh ,,in ,,the ,,house ,,of ,,representatives ,january #ae1 #bjac ,mr4 ,chaffetz 7for himself and ,mr4 ,gowdy7 introduced the following bill2 which was referred to the ,committee on ,oversight and ,government ,reform ,a ,,bill ,to amend the ,act of ,august #be1 #aieh1 commonly known as the ,former ,presidents ,act of #aieh1 with respect to the monetary allowance payable to a former ,president1 and for other purposes4 #a4 ,short title ,this ,act may be cited as the ,presidential ,allowance ,modernization ,act4 #b4 ,amendments 7a7 ,relating to a former ,president ,the first section of the ,act entitled ,an ,act to provide retirement1 clerical assistants1 and free mailing privileges to former ,presidents of the ,united ,states1 and for other purposes1 approved ,august #be1 #aieh 7#c ,u4,s4,c4 #ajb note71 is amended by striking the matter before subsection 7e7 and inserting the following3 7a7 ,each former ,president shall be entitled for the remainder of his or her life to receive from the ,united ,states-- 7#a7 an annuity at the rate of #bjj1jjj per year1 subject to subsection 7c72 and 7#b7 a monetary allowance at the rate of #bjj1jjj per year1 subject to subsections 7c7 and 7d74 7b7 7#a7 ,the annuity and allowance under subsection 7a7 shall each-- 7,a7 commence on the day after the individual becomes a former ,president2 7,b7 terminate on the last day of the month before the former ,president dies2 and 7,c7 be payable by the ,secretary of the ,treasury on a monthly basis4 7#b7 ,the annuity and allowance under subsection 7a7 shall not be payable for any period during which the former ,president holds an appointive or elective position in or under the ,federal ,government or the government of the ,district of ,columbia to which is attached a rate of pay other than a nominal rate4 7c7 ,effective ,december #a of each year1 each annuity and allowance under subsection 7a7 having a commencement date that precedes such ,december #a shall be increased by the same percentage as the percentage by which benefit amounts under title ,,ii of the ,social ,security ,act 7#db ,u4,s4,c4 #dja and following7 are increased1 effective as of such ,december #a1 as a result of a determination under section #bae7;i7 of such ,act 7#db ,u4,s4,c4 #dae7;i774 7d7 7#a7 ,notwithstanding any other provision of this section1 the monetary allowance payable under subsection 7a77#b7 to a former ,president for any #ab-month period may not exceed the amount by which-- 7,a7 the monetary allowance which 7but for this subsection7 would otherwise be so payable for such #ab-month period1 exceeds 7if at all7 7,b7 the applicable reduction amount for such #ab-month period4 7#b7 7,a7 ,for purposes of paragraph 7#a71 the applicable reduction amount is1 with respect to any former ,president and in connection with any #ab-month period1 the amount by which-- 7i7 the sum of 7,i7 the adjusted gross income 7as defined by section #fb of the ,internal ,revenue ,code of #aihf7 of the former ,president for the last taxable year ending before the start of such #ab-month period1 plus 7,,ii7 any interest excluded from the gross income of the former ,president under section #ajc of such ,code for such taxable year1 exceeds 7if at all7 7ii7 #djj1jjj1 subject to subparagraph 7,c74 7,b7 ,in the case of a joint return1 subclauses 7,i7 and 7,,ii7 of subparagraph 7,a77i7 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 ,president4 7,c7 ,the dollar amount specified in subparagraph 7,a77ii7 shall be adjusted at the same time that1 and by the same percentage as the percentage by which1 the monetary allowance of the former ,president is increased under subsection 7c7 7disregarding this subsection74 4 7b7 ,relating to the surviving spouse of a former ,president 7#a7 ,increase in amount of monetary allowance ,subsection 7e7 of the section amended by subsection 7a7 is amended-- 7,a7 in the first sentence1 by striking #bj1jjj per annum1 and inserting #ajj1jjj per year 7subject to paragraph 7#d7712 and 7,b7 in the second sentence-- 7i7 in paragraph 7#b71 by striking and at the end2 7ii7 in paragraph 7#c71 by striking the period and inserting 2 and2 and 7iii7 by adding after paragraph 7#c7 the following3 7#d7 shall1 after its commencement date1 be increased at the same time that1 and by the same percentage as the percentage by which1 annuities of former ,presidents are increased under subsection 7c74 4 7#b7 ,coverage of widower of a former ,president ,such subsection 7e71 as amended by paragraph 7#a71 is further amended-- 7,a7 by striking widow each place it appears and inserting widow or widower2 and 7,b7 by striking she and inserting she or he4 #c4 ,rule of construction ,nothing in this ,act shall be considered to affect-- 7#a7 any provision of law relating to the security or protection of a former ,president or a member of the family of a former ,president2 or 7#b7 funding1 under the law amended by this section or under any other law1 to carry out any provision of law described in paragraph 7#a74 #d4 ,effective date2 transition rules 7a7 ,effective date ,this ,act shall take effect on the date of enactment of this ,act4 7b7 ,transition rules 7#a7 ,former ,presidents ,in the case of any individual who is a former ,president on the date of enactment of this ,act1 the amendment made by section #b7;a7 shall be applied as if the commencement date referred in subsection 7b77#a77;,a7 of the section amended by this ,act coincided with such date of enactment4 7#b7 ,widows ,in the case of any individual who is the widow of a former ,president on the date of enactment of this ,act1 the amendments made by section #b7;b77#a7 shall be applied as if the commencement date referred to in subsection 7e77#a7 of the section amended by this ,act coincided with such date of enactment4