; and (2) in the first undesignated paragraph, by inserting the President, the Vice President, in a position at level I of the Executive Schedule under section 5312 of title 5, after Whoever, being . (b) Table of sections amendment The table of sections for chapter 23 of title 18, United States Code, is amended by striking the item relating to section 431 and inserting the following: 431. Contracts by the President, the Vice President, a Cabinet member, or a Member of Congress. . 204. Forfeiture of benefits for former Presidents convicted of a felony The first section of the Act entitled An Act to provide retirement, clerical assistants, and free mailing privileges to former Presidents of the United States, and for other purposes , approved August 25, 1958 (commonly known as the Former Presidents Act of 1958 ; 3 U.S.C. 102 note), is amended— (1) in subsection (a), by striking Each former President and inserting Subject to subsection (h), each former President ; (2) in subsection (f), by striking paragraph (2) and inserting: (2) who has not been impeached by the House of Representatives and convicted by the Senate pursuant to the impeachment; and ; and (3) by adding at the end the following new subsection: (h) (1) If a former President is finally convicted of a felony for which every act or omission that is needed to satisfy the elements of the felony is committed during or after the period such former President holds the office of President, or was finally convicted of such a felony while holding such office— (A) no monetary allowance under subsection (a) may be provided to such former President; (B) no funds may be obligated or expended under subsection (g) with respect to such former President except to the extent necessary to maintain the security of such former President, as determined by the Director of the Secret Service