summary
Introduced
01/13/2026
01/13/2026
In Committee
02/03/2026
02/03/2026
Crossed Over
Passed
Dead
Introduced Session
104th General Assembly
Bill Summary
Creates the Guaranteed Income Pilot Program Act. Provides that, beginning one year after the effective date of the Act, the Department of Commerce and Economic Opportunity shall provide $500 monthly cash payments to 3,250 low-to-moderate-income families in the State for a period of 2 years. Provides that the recipients of the monthly cash payments shall be determined by lottery. Provides that the Department may not limit how the recipients of the monthly cash payments use the monthly cash payments or require the recipients of the monthly cash payments to provide receipts demonstrating how the recipients of the monthly cash payments use the monthly cash payments. Requires the Department to adopt rules to implement the Act. Provides that the Act is repealed 5 years after the effective date of the Act.
AI Summary
This bill, titled the Guaranteed Income Pilot Program Act, establishes a program where the Department of Commerce and Economic Opportunity (the state agency responsible for economic development) will provide $500 monthly cash payments to 3,250 families with low-to-moderate incomes for two years, starting one year after the bill becomes law. The recipients will be chosen randomly through a lottery, and the department cannot dictate how the money is spent or require proof of purchase. The department is tasked with creating the necessary regulations to carry out this program, which will automatically end five years after its effective date.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Assigned to Appropriations (on 02/03/2026)
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