Establishes a two-year universal basic income pilot program in New York, providing 10,000 participants with $7,200 for individuals or $14,400 for.
The bill mandates the state comptroller to establish a two-year universal basic income pilot program, providing 10,000 participants with $7,200 for individuals or $14,400 for couples annually. It sets participant criteria, including age (21-65), income limits ($35,600 or less), and employment status. The program excludes basic income from eligibility for other assistance programs. A study on the program's effects, including health impacts and employment trends, will be conducted and reported to the division of budget one year after the pilot's conclusion.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.