Universal Income/Pay-It-Forward Fund.
HB 712 establishes North Carolina's Universal Income Program (NCUIP) within the Department of Commerce, providing eligible individuals who participate in job training or community volunteer work with up to $3,000 monthly for up to five years. The program is funded through a 1% surcharge on state income taxes paid by participants after completing the program, with the revenue directed into a "Pay-It-Forward Fund" to support future recipients. It requires the Department of Commerce to implement the program by January 1, 2026, and report annually to the legislature on its progress. The bill directly affects low-income residents struggling to find stable employment who qualify for retraining or volunteer opportunities.
Bill status
in committee
1 of 4 stages cleared
Introduction
Apr 2025
Committee Review
Floor Vote
Governor
Introduced Apr 2, 2025
Last action Apr 3, 2025
Maddy AI version diff · 1 comparison
What changed between versions
Filed
→
Edition 1
·
3 edits
MINOR
This version of HB 712 shows primarily administrative and formatting changes rather than substantive policy modifications. The bill's short title and core purpose remain unchanged, but the document has been updated with new session information, sponsor attribution guidance, and version numbering. No new eligibility criteria, funding amounts, or policy requirements were added or removed in this revision.
TECHNICAL
Updated document header with new session date (April 3, 2025) and version identifier (H712-v-1)
Added instruction to refer to the General Assembly website for complete sponsor list instead of listing sponsors directly
Changed bill reference number from DRH40397-LR-70A to H712-v-1
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
3
Key actions
0
Committee
1
Apr 3, 2025
Committee
Ref To Com On Rules, Calendar, and Operations of the House
lower
Apr 2, 2025
Introduced
Filed
lower
0 primary · 9 co-sponsors
Sponsors
No sponsor information available.
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