,,ii #aaf? ,,congress #a/ ,session ,s4 #ehj ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,febru>y #bg1 #bjai,ms4 ,ern/ 7= h]self1 ,ms4 ,hassan1 ,mr4 ,enzi1 & ,ms4 ,s9ema7 introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,homel& ,security & ,gov]nm5tal ,affairs ,a ,,bill ,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 ,=m] ,presid5ts ,! fir/ section ( ! ,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$ by /rik+ ! matt] prec$+ subsection 7e7 & ins]t+ ! foll[+3 7a7 ,annuities & all[ances 7#a7 ,annuity ,ea* =m] ,presid5t %all be entitl$ = ! 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* =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 =m] ,presid5t2 7,b7 t]m9ate on ! date on :i* ! =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 =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$1 effective z ( t date1 z a result ( a det]m9ation "u section #bae7;i7 ( t ,act 7#db ,u4,s4,c4 #dae7;i774 7d7 ,limitation on monet>y all[ance 7#a7 ,9 g5]al ,not)/&+ any o!r provision ( ?is section1 ! monet>y all[ance payable "u subsection 7a77#b7 to a =m] ,presid5t = any #ab-mon? p]iod-- 7,a7 except z provid$ 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$uction am\nt means1 ) respect to any =m] ,presid5t & 9 connection ) any #ab-mon? p]iod1 ! am\nt by :i*-- 7i7 ! sum (-- 7,i7 ! adju/$ gross income 7z def9$ 9 section #fb ( ! ,int]nal ,rev5ue ,code ( #aihf7 ( ! =m] ,presid5t = ! mo/ rec5t taxable ye> = :i* a tax return is available2 & 7,,ii7 any int]e/ exclud$ f ! gross income ( ! =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 ! =m] ,presid5t & ! am\nts prop]ly allocable to ! sp\se ( ! =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 ( ! =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 =m] ,presid5t may n receive a monet>y all[ance "u subsection 7a77#b7 unless ! =m] ,presid5t discloses to ! ,secret>y1 ^u ! reque/ ( ! ,secret>y1 any return or return in=mation ( ! =m] ,presid5t or sp\se ( ! =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$s ,) respect to ! monet>y all[ance t w\ld be payable to a =m] ,presid5t "u subsection 7a77#b7 = any #ab-mon? p]iod b = ! limitation "u p>agraph 7#a7 ( ?is subsection1 ! ,adm9i/rator ( ,g5]al ,s]vices1 9 coord9ation ) ! ,director ( ! ,unit$ ,/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$s ( ! =m] ,presid5t4 4 7b7 ,surviv+ sp\ses ( =m] ,presid5ts 7#a7 ,increase 9 am\nt ( monet>y all[ance ,subsection 7e7 ( ! fir/ section ( ! ,=m] ,presid5ts ,act ( #aieh is am5d$-- 7,a7 9 ! fir/ s5t5ce1 by /rik+ #bj1jjj p] annum1 & ins]t+ #ajj1jjj p] ye> 7subject to p>agraph 7#d7712 & 7,b7 9 ! second s5t5ce-- 7i7 9 p>agraph 7#b71 by /rik+ & at ! end2 7ii7 9 p>agraph 7#c7-- 7,i7 by /rik+ or ! gov]nm5t ( ! ,di/rict ( ,columbia2 & 7,,ii7 by /rik+ ! p]iod & ins]t+ 2 &2 & 7iii7 by ins]t+ aft] p>agraph 7#c7 ! foll[+3 7#d7 %all1 aft] its comm5cem5t date1 be increas$ at ! same "t t1 & by ! same p]c5tage by :i*1 annuities ( =m] ,presid5ts are increas$ "u subsection 7c74 4 7#b7 ,cov]age ( wid[] ( a =m] ,presid5t ,subsection 7e7 ( ! fir/ section ( ! ,=m] ,presid5ts ,act ( #aieh1 z am5d$ by p>agraph 7#a71 is am5d$-- 7,a7 by /rik+ wid[ ea* place x appe>s & ins]t+ wid[ or wid[]2 & 7,b7 by /rik+ %e & ins]t+ %e or he4 7c7 ,subsection head+s ,! fir/ section ( ! ,=m] ,presid5ts ,act ( #aieh is am5d$-- 7#a7 9 subsection 7e71 by ins]t+ aft] ! subsection enum]ator ! foll[+3 ,wid[s & wid[]s4--2 7#b7 9 subsection 7f71 by ins]t+ aft] ! subsection enum]ator ! foll[+3 ,def9ition4--2 & 7#c7 9 subsection 7g71 by ins]t+ aft] ! subsection enum]ator ! foll[+3 ,au?orization ( appropriations4--4 #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 a memb] ( ! family ( a =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 ,?is ,act & ! am5dm5ts made by ?is ,act %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