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3 U.S.C. § 102Compensation of the President

submitted 78 years ago by ch. 644 to r/title-3-THE-PRESIDENT · 124 words · no verdicts yet

in plain englishAI-generated · not legal advice

This section sets the President's pay. The President earns $400,000 a year, paid monthly, plus a $50,000 yearly allowance for official expenses. Unused expense money goes back to the Treasury and is not counted as taxable income.

This section is not split into lettered parts. The President is paid $400,000 a year for his services during his elected term, paid out monthly. On top of that, the President gets a $50,000 expense allowance each year to help cover costs of doing the job. If the President doesn't use all of that expense allowance, the leftover money goes back to the Treasury, under section 1552 of title 31. None of the expense allowance counts as part of the President's gross income for tax purposes. The President is also entitled to use the furniture and other government property kept in the Executive Residence at the White House.
the actual law source: uscode.house.gov ↗public domain

The President shall receive in full for his services during the term for which he shall have been elected compensation in the aggregate amount of $400,000 a year, to be paid monthly, and in addition an expense allowance of $50,000 to assist in defraying expenses relating to or resulting from the discharge of his official duties. Any unused amount of such expense allowance shall revert to the Treasury pursuant to section 1552 of title 31, United States Code. No amount of such expense allowance shall be included in the gross income of the President. He shall be entitled also to the use of the furniture and other effects belonging to the United States and kept in the Executive Residence at the White House.

Source credit: (June 25, 1948, ch. 644, 62 Stat. 678; Jan. 19, 1949, ch. 2, § 1(a), 63 Stat. 4; Oct. 20, 1951, ch. 521, title VI, § 619(a), 65 Stat. 569; Pub. L. 91–1, § 1, Jan. 17, 1969, 83 Stat. 3; Pub. L. 95–570, § 5(a), Nov. 2, 1978, 92 Stat. 2450; Pub. L. 106–58, title VI, § 644(a), Sept. 29, 1999, 113 Stat. 478; Pub. L. 108–199, div. F, title III, § 301, Jan. 23, 2004, 118 Stat. 326.)

history & why it existsrecord from the source credit
  • 1948Enacted · Act of June 25, 1948, ch. 644 · 62 Stat. 678
  • 1949Amended · Act of Jan. 19, 1949, ch. 2 · 63 Stat. 4
  • 1951Amended · Act of Oct. 20, 1951, ch. 521 · 65 Stat. 569
  • 1969Amended · Pub. L. 91-1 · 83 Stat. 3
  • 1978Amended · Pub. L. 95-570 · 92 Stat. 2450
  • 1999Amended · Pub. L. 106-58 · 113 Stat. 478
  • 2004Amended · Pub. L. 108-199 · 118 Stat. 326

A history note hasn’t been published yet. The record shows enactment by ch. 644 on 1948-06-25.

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