Establishes "Guaranteed Income Pilot Program" in DOLWD for residents of certain cities.
This bill establishes a two-year guaranteed income pilot program in seven New Jersey cities (Paterson, Passaic City, Jersey City, Plainfield, Newark, Trenton, and Camden). It provides eligible residents with $500 monthly for 18 months - selected randomly from households earning under $80,000 annually - with no other requirements. The Department of Treasury will study economic impacts and collect participant surveys, submitting findings to lawmakers within 10 months after the program ends. The program aims to examine how unconditional cash payments affect spending habits and local economic conditions.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2024
Committee Review
Floor Vote
Governor
Introduced Jan 9, 2024
Last action Jan 9, 2024
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Full legislative history
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1
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0
Committee
0
Jan 9, 2024
Introduced
Introduced in the Assembly, Referred to Assembly Labor Committee
lower
2 primary · 0 co-sponsors
Sponsors
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