MD HB628

Establishes a Universal Basic Income for Transition-Age Youth Program within the Department of Human Services to provide $1,000 monthly payments for 3 years to individuals who aged out of out-of-home placement (foster care) on or after their 18th birthday starting October 1, 2026

Payments cannot be counted as income or resources when determining eligibility for Maryland Medical Assistance, Maryland Earned Income Tax Credit, or state and federal financial aid programs, as permitted by federal law

Department must submit annual reports to the General Assembly beginning October 1, 2027, including data on recipients' starting income, geographic location, and employment and housing status before receiving payments

Program operates as a 5-year pilot, taking effect October 1, 2026 and automatically expiring on September 30, 2031 without further legislative action