Bill Text: NY S05890 | 2021-2022 | General Assembly | Introduced
Bill Title: Directs the New York state comptroller to conduct a feasibility study on implementing a universal basic income program; requires the state comptroller, in conjunction with the division of budget and New York city comptroller, to conduct a study on implementing a universal basic income program that provides individuals or households with an annual income of less than $80,000 per year with $7,200 per year for individuals and $14,400 per year for couples.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2022-01-05 - REFERRED TO INVESTIGATIONS AND GOVERNMENT OPERATIONS [S05890 Detail]
Download: New_York-2021-S05890-Introduced.html
STATE OF NEW YORK ________________________________________________________________________ 5890 2021-2022 Regular Sessions IN SENATE March 22, 2021 ___________ Introduced by Sen. PARKER -- read twice and ordered printed, and when printed to be committed to the Committee on Investigations and Govern- ment Operations AN ACT directing the New York state comptroller to conduct a feasibility study on implementing a universal basic income program The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. The New York state comptroller, in conjunction with the 2 division of budget and the New York city comptroller, shall conduct a 3 feasibility study and prepare a report on implementing a universal basic 4 income program in New York state. Such study will analyze the potential 5 economic impacts and costs of a universal basic income program that 6 provides individuals or households, with an annual income of less than 7 $80,000 per year, with $7,200 per year for individuals and $14,400 per 8 year for couples. Such study shall also evaluate potential funding 9 sources for such program. 10 § 2. Within one year of the effective date of this act, the New York 11 state comptroller shall issue a report of the findings of the feasibil- 12 ity study to the governor, the temporary president of the senate and the 13 speaker of the assembly. 14 § 3. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD10221-01-1