California approves 1st state-funded guaranteed income plan.
The votes -- 36-0 in the Senate and 64-0 in the Assembly -- showed bipartisan support for an idea that is gaining momentum across the country.
California approves $35 million plan for nation's first state-funded guaranteed income program. The fund local programs that will provide monthly cash payments to young adults who recently left foster care and pregnant people.
The guaranteed income program gives money to people with no rules on how to spend it. Local governments and organizations will apply for the money and run their programs. The state Department of Social Services will decide who gets funding.
California lawmakers left it up to local officials to determine the size of the monthly payments, which generally range from $500 to $1,000 in existing programs around the country.