,i #aaf? ,,congress #b;d ,session ,h4 ,r4 #hjfe ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,augu/ #ad1 #bjbj,mrs4 ,watson ,coleman introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,ways & ,means ,a ,,bill ,to e/abli% a pilot program provid+ c]ta9 individuals ) a gu>ante$ mon?ly income1 to /udy ! effect ( a gu>ante$ mon?ly income on su* individuals1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,gu>ante$ ,income ,pilot ,program ,act ( #bjbj4 #b4 ,f9d+s ,congress f9ds ! foll[+3 7#a7 ,too _m ,am]icans _c a*ieve f9ancial /ability due to income volatility1 ! ris+ co/ ( liv+1 wage /agnation1 & a lack ( af=dable h\s+4 7#b7 ,real wages h fail$ to keep pace ) inflation1 mean+ ! pur*as+ p[] ( ,am]ican h\seholds has n *ang$ 9 #dj ye>s4 7#c7 ,income volatility1 def9$ z an annual income fluctuation ( #be p]c5t or m1 impacts ne>ly half ( ! ,unit$ ,/ates population4 7#d7 #dj p]c5t ( ,am]ican h\seholds indicate t !y w\ld face difficulty cov]+ a #djj em]g5cy exp5se ) readily available ca% or a *eck+ acc\nt4 7#e7 ,full-"t m9imum wage e>n]s _c af=d an av]age #b-;b$room ap>tm5t any:]e 9 ! ,unit$ ,/ates4 7#f7 ,! *ang+ nature ( ! economy1 includ+ ! rise ( ! gig economy1 unemploym5t risks pos$ by automation1 & ! fluctuat+ nature ( wag$ labor1 w result 9 increas$ income volatility & prohibit upw>d economic mobility4 #c4 ,gu>ante$ income pilot program 7a7 ,9 g5]al ,! ,secret>y1 9 consultation ) ! ,commission] ( ,int]nal ,rev5ue1 %all e/abli% & implem5t a #c-ye> pilot program 7h]e9aft] ref]r$ to z ! program7 to provide a gu>ante$ mon?ly income to c]ta9 eligible individuals 9 accordance ) ?is section4 7b7 ,income subsidy 7#a7 ,selection ( p>ticipat+ eligible individuals ,! ,secret>y1 9 consultation ) ! ,commission] & ! ext]nal p>tn] select$ pursuant to subsection 7d71 %all develop selection crit]ia t ! ,secret>y w use to select #ab1jjj total eligible individuals = p>ticipation 9 ! program4 7#b7 ,am\nt ( income subsidy ,( ! eligible individuals p>ticipat+ 9 ! program1 #f1jjj %all receive a ca% paym5t ea* mon? equal to ! fair m>ket r5t = a #b-;b$room home 9 ! zip code 9 :i* ! eligible individual resides1 or a sub/antially simil> am\nt z det]m9$ by ! ,secret>y1 9 consultation ) ! ,commission] & ! ext]nal p>tn]4 7#c7 ,mon?ly di/ribution ( income subsidy ,ea* p>ticipat+ eligible individual %all receive ! ca% paym5t on ! #ae? day ( ea* mon?4 7c7 ,responsibilities ( ,commission] ( ,int]nal ,rev5ue ,! ,commission] ( ,int]nal ,rev5ue %all be responsible =-- 7#a7 provid+ ! ,secret>y access to tax records to adm9i/] & /udy ! program "u ?is section2 7#b7 updat+ ! ,secret>y & ! ext]nal p>tn] on *anges to ! taxable income ( a p>ticipat+ eligible individual4 7d7 ,ext]nal p>tn] 7#a7 ,selection ,! ,secret>y %all select an ext]nal p>tn] to provide assi/ance ) ! design1 adm9i/ration1 & evaluation ( ! program4 7#b7 ,qualifications ,an organization select$ to be ! ext]nal p>tn] %all h demon/rat$ exp]i5ce 9-- 7,a7 mix$-me?ods exp]im5tal design2 & 7,b7 implem5t+ ca%-transf] programs4 7#c7 ,confid5tiality ,! ext]nal p>tn]1 & any employee ( ! ext]nal p>tn]1 %all be treat$ z a ,f$]al employee = purposes ( section #fajc ( ! ,int]nal ,rev5ue ,code ( #aihf 7#bf ,u4,s4,c4 #fajc74 7#d7 ,data collection ,! ext]nal p>tn] %all collect data f p>ticipat+ eligible individuals z necess>y to complete ! /udy & reports requir$ "u section #d1 & to conduct any additional rese>* z ! ,secret>y det]m9es necess>y4 7e7 ,disreg>d ( ca% paym5ts = purposes ( all ,f$]al & ,f$]ally assi/$ programs ,not)/&+ any o!r provision ( law1 any paym5t made to p>ticipat+ eligible individuals "u ?is section %all n be tak5 into acc\nt z income1 & %all n be tak5 into acc\nt z res\rces = a p]iod ( #ab mon?s f receipt1 = purposes ( det]m9+ ! eligibility ( su* eligible individual 7or any o!r individual7 = b5efits or assi/ance 7or ! am\nt or ext5t ( b5efits or assi/ance7 "u any ,f$]al program or any ,/ate or local program f9anc$ 9 :ole or 9 "p ) ,f$]al funds4 #d4 ,/udy & report 7a7 ,/udy on pilot program ,! ,secret>y1 9 collaboration ) ! ,commission] & ! ext]nal p>tn]1 %all conduct a /udy on outcomes ( ! program4 7b7 ,int]im report ,n lat] ?an #bd mon?s aft] p>ticipat+ eligible individuals h be5 begun p>ticipat+ 9 ! program1 ! ,secret>y1 9 consultation ) ! ,commission] ( ,int]nal ,rev5ue & ! ext]nal p>tn]1 %all provide an int]im report on ! program "u section #c to ! ,congress4 7c7 ,f9al report ,n lat] ?an #ab mon?s aft] ! conclusion ( ! program "u section #c1 ! ,secret>y1 9 consultation ) ! ,commission] ( ,int]nal ,rev5ue & ! ext]nal p>tn]1 %all provide a f9al report on ! program to ! ,congress1 includ+ an analysis (-- 7#a7 ! effect ( ! mon?ly income subsidy provid$ 9 section #c on-- 7,a7 micro-economic outcomes ( p>ticipat+ eligible individuals2 7,b7 ! heal? ( p>ticipat+ eligible individuals2 7,c7 ! social co/s ( income volatility1 includ+ connections ) income fluctuation & heal?1 education1 employm5t1 *ildc>e1 & o!r outcomes z det]m9$ appropriate by ! ,secret>y2 & 7#b7 ! feasibility ( exp&+ ! program "u section #c to include a l>g] numb] ( p>ticipants4 #e4 ,def9itions ,9 ?is ,act3 7#a7 ,commission] ,! t]m ,commission] means ! ,commission] ( ! ,int]nal ,rev5ue ,s]vice4 7#b7 ,eligible individual ,! t]m eligible individual means an individual taxpay] betwe5 ! ages ( #ah-fe4 7#c7 ,ext]nal p>tn] ,! t]m ext]nal p>tn] means a non-p>tisan rese>* ag5cy or a non-pr(it academic in/itution ) exp]tise 9 social sci5ce exp]im5tation4 7#d7 ,fair m>ket r5t ,! t]m fair m>ket r5t means ! applicable fair m>ket r5t e/abli%$ "u section #h7;c7 ( ! ,unit$ ,/ates ,h\s+ ,act ( #aicg 7#db ,u4,s4,c4 #adcg;f7c774 7#e7 ,secret>y ,! t]m ,secret>y means ! ,secret>y ( ,heal? & ,human ,s]vices4 #f4 ,au?orization ( appropriations ,!re is au?oriz$ to be appropriat$ to c>ry out ?is ,act #bhe1jjj1jjj = ea* ( ! fiscal ye>s #bjba ?r\gh #bjbd4