ctbillinfo.xls

AB 65   (Low D)   California Universal Basic Income Program: Personal Income Tax.

Status
2/1/2022 - From committee: Filed with the Chief Clerk pursuant to Joint Rule 56.

Summary
Existing law establishes various economic opportunity and public social services programs, including the California Work Opportunity and Responsibility to Kids (CalWORKs) program, under which each county provides cash assistance and other benefits to qualified low-income families and individuals, and the CalFresh program, under which supplemental nutrition assistance benefits allocated to the state by the federal government are distributed to eligible individuals by each county.This bill would require the Franchise Tax Board to administer the California Universal Basic Income (CalUBI) Program, under which a California resident who is 18 years of age or older and who meets specified requirements, would receive a universal basic income of $1,000 per month. The bill would require, among other things, that the resident has lived in the state for at least the last 3 consecutive years and that the resident’s income not exceed 200% of the median per capita income for the resident’s current county of residence, as determined by the United States Census Bureau. The bill would define universal basic income to mean unconditional cash payments of equal amounts issued monthly to individual residents of California with the intention of ensuring the economic security of recipients. The bill would authorize the Franchise Tax Board to adopt regulations to implement the program. The bill would prohibit the Franchise Tax Board and the Controller from using any part of the CalUBI payments to offset tax liabilities or delinquent accounts, as specified. The bill would specify that its provisions are to be operative only for taxable years in which resources are made available through an appropriation from the Legislature. This bill contains other related provisions and other existing laws.  (Based on text date 4/13/2021)

04/13/2021 Amended pdf htm  
03/18/2021 Amended pdf htm  
12/07/2020 Introduced pdf htm  

05/10/2021  Assembly - Appropriations
04/23/2021  Assembly - Revenue And Taxation

04/26/2021  Asm. Rev. & Tax   (Y: 6 N: 3 A: 2)  (Pass)

History
02/01/2022  From committee: Filed with the Chief Clerk pursuant to Joint Rule 56.
01/31/2022  Died pursuant to Art. IV, Sec. 10(c) of the Constitution.
05/20/2021  In committee: Held under submission.
05/12/2021  In committee: Set, first hearing. Referred to APPR. suspense file.
04/27/2021  From committee: Do pass and re-refer to Com. on APPR. (Ayes 6. Noes 3.) (April 26). Re-referred to Com. on APPR.
04/14/2021  Re-referred to Com. on REV. & TAX.
04/13/2021  From committee chair, with author's amendments: Amend, and re-refer to Com. on REV. & TAX. Read second time and amended.
03/22/2021  Re-referred to Com. on REV. & TAX.
03/18/2021  Referred to Com. on REV. & TAX. From committee chair, with author's amendments: Amend, and re-refer to Com. on REV. & TAX. Read second time and amended.
12/08/2020  From printer. May be heard in committee January 7.
12/07/2020  Read first time. To print.


10/24/2024 5:29:31 PM