Bill > H712

This bill establishes the North Carolina Universal Income Program (NCUIP) within the Department of Commerce, creating a Pay-It-Forward Fund to support individuals struggling to find permanent employment by providing them with up to $3,000 monthly for up to five years while they engage in job training and volunteer work. The program will be funded through a combination of private sources, local, state, and federal funding, and will feature a unique repayment mechanism where program graduates will pay an additional 1% in state income taxes, which will be redirected back into the Fund to support future participants. The Department of Commerce will develop the program through public-private partnerships and tax incentives, and will be required to submit annual reports to the General Assembly about the program's implementation. Starting in 2026, eligible individuals can receive the monthly income while participating in job training and volunteer activities, with the goal of helping them improve their employment prospects and contribute to their community. The bill is set to become effective on July 1, 2025.

Government Affairs

https://www.ncleg.gov/BillLookUp/2025/H712