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NM HM22

NM HM22
Study Low-income Basic Income


summary

Introduced
01/21/2022
In Committee
02/01/2022
Crossed Over
Passed
Dead
02/17/2022

Introduced Session

2022 Regular Session

Bill Summary

A MEMORIAL REQUESTING THE HUMAN SERVICES DEPARTMENT AND THE WORKFORCE SOLUTIONS DEPARTMENT TO CONVENE A TASK FORCE TO STUDY THE IMPACT OF, AND MAKE RECOMMENDATIONS FOR, THE IMPLEMENTATION OF A NEW MEXICO BASIC INCOME FOR LOW-INCOME NEW MEXICANS AND TO REPORT ITS FINDINGS TO THE LEGISLATURE. .

AI Summary

This Memorial requests that the Human Services Department and the Workforce Solutions Department, two state agencies, form a special group called a task force to investigate and suggest how New Mexico could implement a basic income program for its low-income residents. A basic income is a government-provided payment to citizens, intended to help them cover essential needs regardless of their employment status, and studies suggest it can improve well-being and employment without significantly reducing overall jobs. The task force will include representatives from community organizations that serve low-income populations and relevant agencies, with an invitation for a representative from the governor's office who focuses on low-income issues. This group is required to present its findings and recommendations to the Legislature by November 1, 2022, following a period where New Mexico has faced high poverty and unemployment rates, and a declining labor force participation.

Committee Categories

Health and Social Services

Sponsors (1)

Last Action

Action Postponed Indefinitely (on 02/01/2022)

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