Bill would give high school seniors $1,000 per month — no questions asked
Think back to when you were 17 or 18 years old. If someone had handed you a check for $1,000, would you have spent it wisely? If your answer is “yes,” congratulations for having a more mature prefrontal cortex than the rest of us. You might have been the perfect participant for one lawmaker’s basic income experiment.
Until now, guaranteed income programs have been limited to adults and families. But State Sen. Dave Cortese (D-Campbell) wants to change that. He has authored a bill that would give $1,000 checks to 15,000 high school seniors - no strings attached.
The recipients would be low-income seniors who have experienced homelessness. They would receive the monthly checks for a period of four to five months. The cost to the state would be around $85 million per year.
The legislation recently passed out of the Senate Education Committee and is now headed to the Senate Human Services Committee.
Read more at KPBS.