Bill > S06148

This bill directs the New York State Comptroller, in collaboration with the Division of Budget and the New York City Comptroller, to conduct a comprehensive feasibility study on implementing a Universal Basic Income (UBI) program. The study would specifically analyze a potential UBI program that provides annual financial support of $7,200 for individuals and $14,400 for couples who have an annual household income below $80,000. The study is required to evaluate the economic impacts, program costs, and potential funding sources for such an initiative. The New York State Comptroller must complete the feasibility study and submit a detailed report to the governor, senate president, and assembly speaker within one year of the bill's effective date. Universal Basic Income is an economic concept where the government provides all eligible citizens with a standard amount of money regularly, regardless of employment status, intended to help reduce poverty and provide a basic standard of living. This bill represents an exploratory step toward potentially implementing such a program in New York State by first thoroughly investigating its feasibility and potential implications.

Government Affairs

https://www.nysenate.gov/legislation/bills/2025/S6148