Senate Bill S7349

2023-2024 Legislative Session

Directs the New York state comptroller to conduct a feasibility study on implementing a universal basic income program

download bill text pdf

Sponsored By

Current Bill Status - In Senate Committee Investigations And Government Operations Committee


  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

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2023-S7349 (ACTIVE) - Details

Current Committee:
Senate Investigations And Government Operations
Law Section:
Comptroller
Versions Introduced in Other Legislative Sessions:
2019-2020: S6691
2021-2022: S5890

2023-S7349 (ACTIVE) - Summary

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.

2023-S7349 (ACTIVE) - Sponsor Memo

2023-S7349 (ACTIVE) - Bill Text download pdf

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   7349
 
                        2023-2024 Regular Sessions
 
                             I N  S E N A T E
 
                               May 19, 2023
                                ___________
 
 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:
 
   Section  1.  The  New  York state comptroller, in conjunction with the
 division of budget and the New York city comptroller,  shall  conduct  a
 feasibility study and prepare a report on implementing a universal basic
 income  program in New York state. Such study will analyze the potential
 economic impacts and costs of 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.  Such  study  shall  also evaluate potential funding
 sources for such program.
   § 2. Within one year of the effective date of this act, the  New  York
 state  comptroller shall issue a report of the findings of the feasibil-
 ity study to the governor, the temporary president of the senate and the
 speaker of the assembly.
   § 3. This act shall take effect immediately.
 
 
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD08111-01-3



              

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