Mar 14, 2024

$100M universal basic income bill advances in state House committee

Posted by in categories: economics, finance

A universal basic income pilot program that would sprinkle $100 million across the state in the form of no less than $500 monthly cash payments to certain low-income Minnesotans — including illegal immigrants — advanced in a state House committee on Tuesday.

Rep. Athena Hollins, DFL-St. Paul, introduced HF2666 last year. The bill didn’t receive a hearing amidst a historic legislative session where Democrats spent down a $17.5 billion surplus and increased the state budget by more than 38 percent. But with news earlier this month that the state has a projected $3.7 billion surplus, Hollins’ bill received a hearing in the House Children and Families Committee.

The bill passed through the committee on a voice vote. Its next stop is the House Human Services Finance Committee. Its Senate companion bill is sponsored by five Senate Democrats and has yet to be scheduled for a hearing.

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