Establishes the North Carolina Universal Income Program (NCUIP) to provide up to $3,000 monthly for up to five years to eligible individuals.

The bill establishes the North Carolina Universal Income Program (NCUIP) in the Department of Commerce. It provides a monthly income of up to $3,000 for up to five years to eligible individuals who are receiving job training or performing volunteer work. The Pay-It-Forward Fund is created to support the NCUIP, funded by private sources and government entities. NCUIP graduates must pay an extra 1% in state individual income taxes, with that revenue going into the fund to support others in the program. The Department of Commerce must report annually on the program's implementation.

Establishes the North Carolina Universal Income Program (NCUIP) to provide up to $3,000 monthly for up to five years to eligible individuals.

The bill establishes the North Carolina Universal Income Program (NCUIP) in the Department of Commerce. It provides a monthly income of up to $3,000 for up to five years to eligible individuals who are receiving job training or performing volunteer work. The Pay-It-Forward Fund is created to support the NCUIP, funded by private sources and government entities. NCUIP graduates must pay an extra 1% in state individual income taxes, with that revenue going into the fund to support others in the program. The Department of Commerce must report annually on the program's implementation.