New York Senate Bill S06148 Latest Draft

   
  STATE OF NEW YORK ________________________________________________________________________ 6148 2025-2026 Regular Sessions  IN SENATE March 5, 2025 ___________ 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. LBD10560-01-5