Bill > S06643

This bill establishes a "Gate Money Program" that provides eligible incarcerated individuals, who have served at least 6 months in a state correctional facility, with a monthly stipend of at least $425 for up to 6 months upon their release, with a maximum total amount of $2,550. The program is administered by the Department of Corrections and Community Supervision, with the initial payment made in cash or by check upon release and subsequent payments made on the first of each month. The bill also creates a "Gate Money Fund" in the state treasury to finance the program, and appropriates $25 million for this purpose.