SB 523

This bill requires t he department of human services ("department"") to develop and implement a five-year pilot program, ending in December 31, 2030, in which eligible households are awarded an annual supplemental income grant beginning in 2026. As used in this bill, an ""e ligible household"" means a household in which (i) a t least three members of the same family reside and for which a federal income tax return is filed in which at least one member of the family is listed as a dependent; ( ii ) e ach member of the household is a resident of this state; and ( iii ) t he adjusted gross income attributable to the household does not exceed $30, 000, not including a supplemental income grant received pursuant to this bill. GRANTS This bill requires the depa rtment to distribute supplemental income grants in the amount of $5, 000 per year, which may be paid as a monthly or quarterly installment or in a lump sum, to each eligible household that submits a completed application and any supporting documents require d by the department. An eligible household must reapply to receive a grant in a subsequent year. SUPPLEMENTAL INCOME GRANT FUND This bill provides that t he supplemental income grant pilot program i s to be funded through the supplemental income grant fu nd established as a separate account in the general fund. It is the legislative intent that the supplemental income grant fund be funded from (i) gifts or donations made by individuals or entities who pay the excise tax or the franchise tax ; (ii) federal grants or funds that may be used for such purposes ; and (iii) the reserve for revenue fluctuations . RULEMAKING This bill requires t he department to promulgate forms and rules necessary to effectuate this bill, and to make the forms available on the depa rtment's website."