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Universal Income/Pay-It-Forward Fund

IntroducedHouse
Cecil BrockmanDemocrat

Ref To Com On Rules, Calendar, and Operations of the House2025-04-03

No floor votes recorded.

This bill establishes the North Carolina Universal Income Program (NCUIP) in the Department of Commerce, which would provide eligible individuals up to $3,000 per month for up to five years while they participate in job training, volunteer work, or both. The program would be funded through a Pay-It-Forward Fund supported by private partnerships, tax incentives, and government sources, with program graduates required to pay an additional 1% in state income taxes to support future participants.

  • Supporters argue this program helps unemployed or underemployed North Carolinians gain skills and stable employment while contributing to their communities through volunteering.
  • They contend the Pay-It-Forward repayment structure creates a sustainable funding model where graduates help fund the program for others, and the public-private partnership approach minimizes direct government spending while addressing workforce development and community service needs.
  • Opponents may worry about the significant cost of providing $3,000 monthly to participants and whether the 1% income tax surcharge on graduates will generate sufficient revenue to sustain the program long-term.
  • Critics might also question whether the program is the most efficient use of resources compared to other job training or assistance programs, and whether adding a permanent 1% tax on graduates could discourage participation or create fairness concerns.

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