,,ii  #aaf? ,,congress  #a/ ,session    
,h4 ,r4 #adif  ,,9 ,,! ,,s5ate ,,( ,,!  
,,unit$ ,,/ates  ,octob] #ag1           
#bjai,receiv$  ,,an ,,act  ,to am5d !   
,act ( ,augu/ #be1 #aieh1 commonly kn[n 
z ! ,=m] ,presid5ts ,act ( #aieh1 )     
respect to ! monet>y all[ance payable to
 a =m] ,presid5t1 & = o!r purposes4  #a4
 ,%ort title ,?is ,act may be cit$ z !  
,presid5tial ,all[ance ,mod]nization    
,act ( #bjai4  #b4 ,am5dm5ts  7a7 ,9    
g5]al ,! ,act entitl$ ,an ,act to       
provide retirem5t1 cl]ical assi/ants1 & 
free mail+ privileges to =m] ,presid5ts 
( ! ,unit$ ,/ates1 & = o!r purposes1    
approv$ ,augu/ #be1 #aieh 7commonly kn[n
 z ! ,=m] ,presid5ts ,act ( #aieh7 7#c  
,u4,s4,c4 #ajb note71 is am5d$-- 7#a7 by
 /rik+ ,t 7a7 ea* & ins]t+ ! foll[+3    
#a4 ,=m] ,presid5ts leav+ (fice be=e    
,presid5tial ,all[ance ,mod]nization    
,act ( #bjai  7a7 ,ea*  2  7#b7 by      
r$esignat+ subsection 7g7 z section #c &
 adju/+ ! m>g9 accord+ly2 &  7#c7 by    
ins]t+ aft] section #a1 z s designat$1 !

 foll[+3  #b4 ,=m] ,presid5ts leav+     
(fice aft] ,presid5tial ,all[ance       
,mod]nization ,act ( #bjai  7a7         
,annuities & all[ances  7#a7 ,annuity   
,ea* mod]n =m] ,presid5t %all be entitl$
 = ! rema9d] ( 8 or h] life to receive f
 ! ,unit$ ,/ates an annuity at ! rate ( 
#bjj1jjj p] ye>1 subject to subsections 
7b77#b7 & 7c71 to be paid by ! ,secret>y
 ( ! ,treasury4  7#b7 ,all[ance ,!      
,adm9i/rator ( ,g5]al ,s]vices is       
au?oriz$ to provide ea* mod]n =m]       
,presid5t a monet>y all[ance at ! rate (
 #bjj1jjj p] ye>1 subject to !          
availability ( appropriations &         
subsections 7b77#b71 7c71 & 7d74  7b7   
,duration2 frequ5cy  7#a7 ,9 g5]al ,!   
annuity & all[ance "u subsection 7a7    
%all ea*-- 7,a7 comm5ce on ! day aft] ! 
date on :i* an individual becomes a     
mod]n =m] ,presid5t2  7,b7 t]m9ate on ! 
date on :i* ! mod]n =m] ,presid5t dies2 
&  7,c7 be payable on a mon?ly basis4   
7#b7 ,appo9tive or elective positions ,!
 annuity & all[ance "u subsection 7a7   

%all n be payable = any p]iod dur+ :i* a
 mod]n =m] ,presid5t holds an appo9tive 
or elective position 9 or "u ! ,f$]al   
,gov]nm5t to :i* is atta*$ a rate ( pay 
o!r ?an a nom9al rate4  7c7 ,co/-(-,liv+
 increases ,effective ,decemb] #a ( ea* 
ye>1 ea* annuity & all[ance "u          
subsection 7a7 t comm5c$ be=e t date    
%all be increas$ by ! same p]c5tage by  
:i* b5efit am\nts "u title ,,ii ( !     
,social ,security ,act 7#db ,u4,s4,c4   
#dja et seq47 are increas$1 effective z 
( t date1 z a result ( a det]m9ation "u 
section #bae7;i7 ( t ,act 7#db ,u4,s4,c4
 #dae7;i774  7d7 ,limitation on monet>y 
all[ance  7#a7 ,9 g5]al ,not)/&+ any o!r
 provision ( ?is section1 ! monet>y     
all[ance payable "u subsection 7a77#b7  
to a mod]n =m] ,presid5t = any #ab-mon? 
p]iod-- 7,a7 except z provid$ 9         
subp>agraph 7,b71 may n exce$ ! am\nt by
 :i*-- 7i7 ! monet>y all[ance t 7b = ?is
 subsection7 w\ld o!rwise be s payable =
 su* #ab-mon? p]iod1 exce$s 7if at all7 
7ii7 ! applicable r$uction am\nt = su*  

#ab-mon? p]iod2 &  7,b7 %all n be less  
?an ! am\nt det]m9$ "u p>agraph 7#d74   
7#b7 ,def9ition  7,a7 ,9 g5]al ,=       
purposes ( p>agraph 7#a71 ! t]m         
applicable r$uction am\nt means1 )      
respect to any mod]n =m] ,presid5t & 9  
connection ) any #ab-mon? p]iod1 ! am\nt
 by :i*-- 7i7 ! sum (-- 7,i7 ! adju/$   
gross income 7z def9$ 9 section #fb ( ! 
,int]nal ,rev5ue ,code ( #aihf7 ( !     
mod]n =m] ,presid5t = ! mo/ rec5t       
taxable ye> = :i* a tax return is       
available2 &  7,,ii7 any int]e/ exclud$ 
f ! gross income ( ! mod]n =m] ,presid5t
 "u section #ajc ( su* ,code = su*      
taxable ye>1 exce$s 7if at all7  7ii7   
#djj1jjj1 subject to subp>agraph 7,c74  
7,b7 ,jo9t returns ,9 ! case ( a jo9t   
return1 subclauses 7,i7 & 7,,ii7 (      
subp>agraph 7,a77i7 %all be appli$ by   
tak+ into acc\nt bo? ! am\nts prop]ly   
allocable to ! mod]n =m] ,presid5t & !  
am\nts prop]ly allocable to ! sp\se ( ! 
mod]n =m] ,presid5t4  7,c7 ,co/-(-liv+  
increases ,! doll> am\nt specifi$ 9     

subp>agraph 7,a77ii7 %all be adju/$ at !
 same "t t1 & by ! same p]c5tage by :i*1
 ! monet>y all[ance ( ! mod]n =m]       
,presid5t is increas$ "u subsection 7c7 
7disreg>d+ ?is subsection74  7#c7       
,disclosure requirem5t  7,a7 ,def9itions
 ,9 ?is p>agraph-- 7i7 ! t]ms return &  
return in=mation h ! mean+s giv5 ^? t]ms
 9 section #fajc7;b7 ( ! ,int]nal       
,rev5ue ,code ( #aihf2 &  7ii7 ! t]m    
,secret>y means ! ,secret>y ( !         
,treasury or ! ,secret>y ( ! ,treasury's
 delegate4  7,b7 ,requirem5t ,a mod]n   
=m] ,presid5t may n receive a monet>y   
all[ance "u subsection 7a77#b7 unless ! 
mod]n =m] ,presid5t discloses to !      
,secret>y1 ^u ! reque/ ( ! ,secret>y1   
any return or return in=mation ( ! mod]n
 =m] ,presid5t or sp\se ( ! mod]n =m]   
,presid5t t ! ,secret>y det]m9es is     
necess>y = purposes ( calculat+ !       
applicable r$uction am\nt "u p>agraph   
7#b7 ( ?is subsection4  7,c7            
,confid5tiality ,except z provid$ 9     
section #fajc ( ! ,int]nal ,rev5ue ,code

 ( #aihf & not)/&+ any o!r provision (  
law1 ! ,secret>y may n1 ) respect to a  
return or return in=mation disclos$ to !
 ,secret>y "u subp>agraph 7,b7-- 7i7    
disclose ! return or return in=mation to
 any entity or p]son2 or  7ii7 use !    
return or return in=mation = any purpose
 o!r ?an to calculate ! applicable      
r$uction am\nt "u p>agraph 7#b74  7#d7  
,increas$ co/s due to security ne$s ,)  
respect to ! monet>y all[ance t w\ld be 
payable to a mod]n =m] ,presid5t "u     
subsection 7a77#b7 = any #ab-mon? p]iod 
b = ! limitation "u p>agraph 7#a77;,a7 (
 ?is subsection1 ! ,adm9i/rator ( ,g5]al
 ,s]vices1 9 coord9ation ) ! ,director (
 ! ,unit$ ,/ates ,secret ,s]vice1 %all  
det]m9e ! am\nt ( ! all[ance t is ne$$  
to pay ! increas$ co/ ( do+ bus9ess t is
 attributable to ! security ne$s ( !    
mod]n =m] ,presid5t4  7e7 ,wid[s &      
wid[]s ,! wid[ or wid[] ( ea* mod]n =m] 
,presid5t %all be entitl$ to receive f !
 ,unit$ ,/ates a monet>y all[ance at a  
rate ( #ajj1jjj p] ye> 7subject to      

p>agraph 7#d771 payable mon?ly by !     
,secret>y ( ! ,treasury1 if su* wid[ or 
wid[] %all waive ! "r to ea* o!r annuity
 or p5sion to :i* %e or he is entitl$ "u
 any o!r ,act ( ,congress4 ,! monet>y   
all[ance ( su* wid[ or wid[]-- 7#a7     
comm5ces on ! day aft] ! mod]n =m]      
,presid5t dies2  7#b7 t]m9ates on ! la/ 
day ( ! mon? be=e su* wid[ or wid[]     
dies2  7#c7 is n payable = any p]iod    
dur+ :i* su* wid[ or wid[] holds an     
appo9tive or elective (fice or position 
9 or "u ! ,f$]al ,gov]nm5t to :i* is    
atta*$ a rate ( pay o!r ?an a nom9al    
rate2 &  7#d7 %all1 aft] its comm5cem5t 
date1 be increas$ at ! same "t t1 & by !
 same p]c5tage by :i*1 annuities ( mod]n
 =m] ,presid5ts are increas$ "u         
subsection 7c74  7f7 ,def9ition ,9 ?is  
section1 ! t]m mod]n =m] ,presid5t means
 a p]son-- 7#a7 :o %all h held ! (fice (
 ,presid5t ( ! ,unit$ ,/ates ( ,am]ica2 
7#b7 ^: s]vice 9 su* (fice %all h       
t]m9at$-- 7,a7 o!r ?an by removal       
pursuant to section #d ( article ,,ii ( 

! ,con/itution ( ! ,unit$ ,/ates (      
,am]ica2 &  7,b7 aft] ! date ( enactm5t 
( ! ,presid5tial ,all[ance ,mod]nization
 ,act ( #bjai2 &  7#c7 :o does n !n     
curr5tly hold su* (fice4  4  7b7        
,te*nical & con=m+ am5dm5ts ,! ,=m]     
,presid5ts ,act ( #aieh is am5d$-- 7#a7 
9 section #a7;f77#b71 z designat$ by ?is
 section-- 7,a7 by /rik+ t]m9at$ o!r ?an
 & ins]t+ ! foll[+3 t]m9at$-- 7,a7 o!r  
?an  2 &  7,b7 by add+ at ! end !       
foll[+3  7,b7 on or be=e ! date (       
enactm5t ( ! ,presid5tial ,all[ance     
,mod]nization ,act ( #bjai2 &  2 &  7#b7
 9 section #c1 z r$esignat$ by ?is      
section-- 7,a7 by ins]t+ aft] ! section 
enum]ator ! foll[+3 ,au?orization (     
appropriations42 &  7,b7 by ins]t+ or   
mod]n =m] ,presid5t aft] =m] ,presid5t  
ea* place t t]m appe>s4  #c4 ,rule (    
con/ruction ,no?+ 9 ?is ,act or an      
am5dm5t made by ?is ,act %all be con/ru$
 to affect-- 7#a7 any provision ( law   
relat+ to ! security or protection ( a  
=m] ,presid5t or mod]n =m] ,presid5t1 or

 a memb] ( ! family ( a =m] ,presid5t or
 mod]n =m] ,presid5t2 or  7#b7 fund+1 "u
 ! ,=m] ,presid5ts ,act ( #aieh or any  
o!r law1 to c>ry out any provision ( law
 describ$ 9 p>agraph 7#a74  #d4         
,applicability ,section #b ( ! ,=m]     
,presid5ts ,act ( #aieh1 z add$ by      
section #b7;a77#c7 ( ?is ,act1 %all n   
apply to-- 7#a7 any individual :o is a  
=m] ,presid5t on ! date ( enactm5t ( ?is
 ,act2 or  7#b7 ! wid[ or wid[] ( an    
individual describ$ 9 p>agraph 7#a74    
#e4 ,det]m9ation ( budget>y effects ,!  
budget>y effects ( ?is ,act1 = ! purpose
 ( comply+ ) ! ,/atutory ,pay-,z-,y-,g  
,act ( #bjaj1 %all be det]m9$ by ref]5ce
 to ! late/ /atem5t titl$ ,budget>y     
,effects ( ,,paygo ,legislation = ?is   
,act1 submitt$ = pr9t+ 9 !              
,congressional ,record by ! ,*airman ( !
 ,h\se ,budget ,committee1 provid$ t su*
 /atem5t has be5 submitt$ prior to !    
vote on passage4  ,pass$ ! ,h\se (      
,repres5tatives ,octob] #af1            
#bjai4;,*]yl ,l4 ,johnson1,cl]k4