Human Services - Universal Basic Income for Transition-Age Youth - Establishment
If enacted, HB108 will have a significant impact on Maryland's social service landscape by providing additional support to a vulnerable population. The bill stipulates that the cash payments provided under the program will not be counted as income or resources for the determination of eligibility for other state benefits, such as the Maryland Medical Assistance Program and the Maryland Earned Income Tax Credit. This provision is intended to ensure that the basic income does not disqualify recipients from accessing other vital assistance programs.
House Bill 108 aims to establish a Universal Basic Income (UBI) program specifically designed for transition-age youth who are aging out of the out-of-home placement program. This program will provide eligible individuals with unconditional cash payments of $1,000 per month for a period of up to three years. The primary objective of this initiative is to enhance the economic security of young individuals during a critical transition in their lives, ensuring that they have a financial safety net as they move towards independence.
Despite the potential benefits of HB108, the legislation has sparked debates among stakeholders regarding its fiscal implications and the long-term outcomes for recipients. Proponents argue that the program could lead to improved life outcomes for youth who have historically faced challenges in achieving economic stability and independence. Conversely, opponents voice concerns about the sustainability of funding such a program and whether it could divert resources from other critical areas of social services. Additionally, discussions have emerged concerning the broader implications of implementing universal basic income models within state welfare systems.