Establishes a universal basic income pilot program for transition-age youth aging out of foster care in New York.

The bill establishes a universal basic income pilot program for transition-age youth in New York who age out of foster care. It provides regular monthly payments of $1,000 for three years to eligible individuals. The program aims to improve outcomes for these youth by ensuring economic security. The pilot program will run from January 1, 2026, to December 31, 2029. The Department of Social Services will administer the program and work with research institutions to identify outcome measurements.

Establishes a universal basic income pilot program for transition-age youth aging out of foster care in New York.

The bill establishes a universal basic income pilot program for transition-age youth in New York who age out of foster care. It provides regular monthly payments of $1,000 for three years to eligible individuals. The program aims to improve outcomes for these youth by ensuring economic security. The pilot program will run from January 1, 2026, to December 31, 2029. The Department of Social Services will administer the program and work with research institutions to identify outcome measurements.