New York S 4085: Relates to establishing and funding the universal basic income pilot program; appropriation

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S04085 Summary:

BILL NOS04085 

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SAME ASSAME AS A01308

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SPONSORPARKER

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COSPNSRCOONEY

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MLTSPNSR

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Amd §92-b, St Fin L

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Relates to establishing and funding the universal basic income pilot program; requires the comptroller to establish a universal basic income pilot program to provide 10,000 participants with income of $7,200 for individuals or $14,400 for couples per year for two years; establishes participant criteria; requires a study on the program one year after its conclusion; makes an appropriation therefor.

Go to top S04085 Actions:

BILL NOS04085 

&nbsp

01/31/2025REFERRED TO FINANCE

01/07/2026REFERRED TO FINANCE

Go to topS04085 Committee&nbspVotes:

Go to topS04085 Floor&nbspVotes:

There are no Assembly votes for this bill in this legislative session.

Go to topS04085 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 4085

 2025-2026 Regular Sessions

 IN SENATE

 January 31, 2025
 ___________

 Introduced by Sens. PARKER, COONEY -- read twice and ordered printed,
 and when printed to be committed to the Committee on Finance

 AN ACT to amend the state finance law, in relation to providing funding
 for the universal basic income pilot program; establishing the
 universal basic income pilot program; making an appropriation there-
 for; and providing for the repeal of such provisions upon expiration
 thereof

 The People of the State of New York, represented in Senate and Assem-
 bly, do enact as follows:

 1 Section 1. Universal basic income pilot program. 1. Notwithstanding
 2 any law, rule or regulation to the contrary, the state comptroller, no
 3 later than January 1, 2027, shall establish and implement a two year
 4 pilot program to demonstrate the economic impacts and state-level cost
 5 savings of a universal basic income.
 6 2. The pilot program shall include 10,000 participants randomly chosen
 7 from applicants from across the state. Participants shall agree to fully
 8 participate in the study and analysis of the universal basic income
 9 pilot program. Participants in the program shall receive $7,200 per year
 10 for individuals and $14,400 per year for couples. Universal basic income
 11 received by participants shall not be included in determining eligibil-
 12 ity for the supplemental nutrition assistance program or temporary
 13 assistance for needy families.
 14 3. The comptroller shall establish eligibility criteria and a
 15 selection process, including but not limited to the following:
 16 (a) participants shall be within the ages of 21 and 65 years old;
 17 (b) participants may receive social services from programs such as the
 18 supplemental nutrition assistance program or temporary assistance for
 19 needy families;
 20 (c) participants shall have verifiable employment on a part-time or
 21 full-time basis; and

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD03859-01-5

 S. 4085 2

 1 (d) each participant shall have an annual income of $35,600 per year
 2 or less.
 3 4. Not later than one year after the conclusion of the pilot program,
 4 the comptroller shall compile a report, in cooperation with the depart-
 5 ment of health, department of labor and New York city department of
 6 health and mental hygiene, to the division of budget which shall
 7 include, but not be limited to, the following:
 8 (a) information from the department of health and New York city
 9 department of health and mental hygiene on the effects of universal
 10 basic income on the health, stress levels and mental health of partic-
 11 ipants;
 12 (b) information from the department of labor assessing the number of
 13 individuals seeking employment in order to qualify for universal basic
 14 income;
 15 (c) socio-demographic information, including but not limited to the
 16 age, race, ethnicity, education level, family composition, community of
 17 residence, housing costs, additional income, and government benefits
 18 received, of each participant and their family;
 19 (d) data on how individuals allocated the funds they received;
 20 (e) analysis of cost benefit and cost savings extrapolated from the
 21 pilot to a true universal basic income scheme;
 22 (f) recommendations on implementing a statewide u