Establishes a two-year universal basic income pilot program for 10,000 participants.
The bill mandates the establishment of a universal basic income pilot program by the state comptroller. The program will provide 10,000 participants with $7,200 annually for individuals and $14,400 for couples over two years. Participants must be aged 21 to 65, have an annual income of $35,600 or less, and have verifiable employment. The program excludes participants from eligibility for certain government benefits. A study on the program's effects will be conducted one year after its conclusion, with findings to inform potential statewide implementation.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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