Directs the Secretary of the Treasury to reduce a former President's retirement allowance by a certain amount if the Secretary determines that such individual's earned income exceeds his or her initial retirement allowance. Requires such determination to be done one month after the anniversary of an individual becoming a former President.
Requires each former President to provide the information required by the Secretary to make such a determination in order to continue receiving such allowance.
Introduced in House
Introduced in House
Referred to the House Committee on Post Office and Civil Service.
Referred to the Subcommittee on Compensation and Employee Benefits.
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