$200,000,000 To Be Handed Out in US State With Zero Strings Attached – If New Guaranteed Income Proposal Passes

A US state is advancing a bill that would allocate $200,000,000 to give to residents with no strings attached.

Representative Athena Hollins co-authored bill HF 2666, which seeks to create a guaranteed income program in Minnesota.

The bill has already advanced through a House committee, reports Minnesota Public Radio.

If the bill passes, $100 million would be allocated this year with an additional $100 million in 2025 to fund the program.

All households living at or below 300% of the federal poverty level would be eligible to apply.

Depending on demand, each household is expected to receive $350 to $1,200 every 30 days for 12 to 24 months.

In an interview with Minnesota Public Radio, Hollins says she expects the program to significantly impact the lives of participants while also benefiting communities across the state.

“So we’ve seen across the country, the studies…



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.