A new law similar to Andrew Yang’s signature universal basic income (UBI) plan was recently proposed in California.
Introduced on Thursday by Democratic California State Assemblymember Evan Low, the California Universal Basic Income Program would provide most adults in California with a UBI of $1,000 per month.
Low, who was a co-chair of the former presidential candidate’s campaign, announced the bill’s introduction via a tweet on Friday.
— Evan Low (@Evan_Low) February 21, 2020
“I’ve just introduced Assembly Bill 2712- California Universal Basic Income (UBI).. Continuing your work, @AndrewYang. #HumanityFirst #UBI,” wrote Low.
A state-wide value-added tax (VAT) of 10% on goods and services will fund the program, reports Newsweek. Groceries, medicine, medical supplies, clothing, textbooks and other items are exempted from the VAT.
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Most Californians will be eligible to get their UBI, with the exception of those already benefitting from other state programs such as its Medicaid plan.
Yang, who recently dropped out of the race for the Democratic nomination, brought the idea of UBI into the mainstream during his campaign with the “Freedom Dividends” proposal.
California is currently implementing an experimental form of UBI in Stockton, where 125 low-income residents receive $500 per month. The amount comes without conditions and can be availed alongside other forms of public assistance.