,i #aai? ,,congress #a/ ,session ,h4 ,r4 #ehcj ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,octob] #bd1 #bjbe,mrs4 ,watson ,coleman 7= h]self1 ,mrs4 ,mc,iver1 ,ms4 ,tlaib1 ,mr4 ,davis ( ,ill9ois1 ,ms4 ,norton1 ,ms4 ,s*ak[sky1 ,ms4 ,jacobs1 ,mr4 ,johnson ( ,georgia1 ,mr4 ,?an$>1 ,mr4 ,mull91 ,ms4 ,lee ( ,p5nsylvania1 & ,mr4 ,torres ( ,new ,york7 introduc$ ! 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 ( #bjbe4 #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 decades4 7#c7 ,income volatility1 def9$ z an annual income fluctuation ( #be p]c5t or m1 impacts millions ( ,am]ican h\seholds4 7#d7 ,two-?irds ( ,am]icans are worri$ !y w\ldn't be able to cov] _! liv+ exp5ses = j #a mon? if !y lose _! prim>y s\rce ( income1 :ile #eg p]c5t ( ,am]ican adults are curr5tly unable to cov] a #a1jjj em]g5cy exp5se4 ,t p]c5tage is high] = mill5nials at #gi p]c5t1 & ,g5]ation ,z at #he p]c5t1 unable to cov] an em]g5cy exp5se4 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 7#g7 ,dur+ ! height ( ,,covid-#ai1 ! ,f$]al ,gov]nm5t provid$ /imulus *ecks to ! ,am]ican p 9 response to ! economic h>d%ip ( ! p&emic4 ,! ,c5sus ,bureau compli$ an analysis t %[$ t mat]ial h>d%ip 9 ,unit$ ,/ates h\seholds fell %>ply foll[+ ! passage ( ! ,,covid-#ai relief bill 9 late ,decemb] #bjbj1 & ! ,am]ican ,rescue ,plan 9 ,m>* #bjba4 ,f ,decemb] #bjbj to ,april #bjba1 food insuffici5tly fell by ov] #dj p]c5t1 f9ancial in/ability fell by #de p]c5t1 & report$ adv]se m5tal heal? symptoms fell by #bj p]c5t4 #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 #bj1jjj total eligible individuals = p>ticipation 9 ! program4 7#b7 ,am\nt ( income subsidy ,( ! eligible individuals p>ticipat+ 9 ! program1 #aj1jjj %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$]al employee = purposes ( section #fajc ( ! ,int]nal ,rev5ue ,code ( #aihf4 7#d7 ,data collection ,! ext]nal p>tn] %all collect data f p>ticipat+ eligible individuals z necess>y to complete ! /udy & reports requir$ "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$]al funds4 #d4 ,/udy & report 7a7 ,/udy on pilot program ,! ,secret>y1 9 collaboration ) ! ,commission] & ! ext]nal p>tn]1 %all conduct a /udy on outcomes ( ! program4 7b7 ,int]im report ,n lat] ?an #bd mon?s aft] p>ticipat+ eligible individuals h be5 begun p>ticipat+ 9 ! program1 ! ,secret>y1 9 consultation ) ! ,commission] ( ,int]nal ,rev5ue & ! ext]nal p>tn]1 %all provide an int]im report on ! program "u section #c to ! ,congress4 7c7 ,f9al report ,n lat] ?an #ab mon?s aft] ! conclusion ( ! program "u section #c1 ! ,secret>y1 9 consultation ) ! ,commission] ( ,int]nal ,rev5ue & ! ext]nal p>tn]1 %all provide a f9al report on ! program to ! ,congress1 includ+-- 7#a7 an analysis (-- 7,a7 ! effect ( ! mon?ly income subsidy provid$ 9 section #c on-- 7i7 micro-economic outcomes ( p>ticipat+ eligible individuals2 7ii7 ! heal? ( p>ticipat+ eligible individuals2 & 7iii7 ! social co/s ( income volatility1 includ+ connections ) income fluctuation & heal?1 h\s+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>ticipants2 & 7#b7 ! results ( int]views & focus gr\ps conduct$ ) cons5t+ p>ticipants ( ! program4 #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 #die1jjj1jjj = ea* ( ! fiscal ye>s #bjbf ?r\gh #bjcj4