Establishes "Guaranteed Income Pilot Program" in DOLWD for residents of certain cities.

This bill establishes a two-year guaranteed income pilot program in seven New Jersey cities (Paterson, Passaic City, Jersey City, Plainfield, Newark, Trenton, and Camden). It would provide $500 monthly for 18 months to 500 randomly selected low-income residents per city - those with household income under $80,000 in the prior year and no more than one participant per household. The program requires the state Treasury and Labor departments to collect economic data and voluntary participant surveys on spending habits and financial changes. A final report detailing findings and recommendations must be submitted to the Governor and Legislature within 10 months of the pilot’s conclusion. The bill focuses on studying the program’s effects without imposing conditions on recipients.