Stimulus check updates in Oregon, lawmakers will consider providing ongoing $1,000 payments to eligible residents.
Stimulus Checks Update: $1,000 To Claim For Eligible Oregon Residents From UBI Program (PHOTO: NewsBreak)
Stimulus Check Update For Oregon Residents
The Stimulus check update is worth $1,000 payments to certain eligible residents would be part of a universal basic income (UBI) program, and are being compared with the federal COVID-19 stimulus checks issued during the pandemic. That’s because researchers suggest these checks were the same as a huge UBI effort because they provided cash with no strings attached.
Who Will Be Eligible For The $1,000 Stimulus Check Update?
Senate Bill 603 is the proposal in Oregon that would supply $1,000 checks to qualified Oregon residents. It is being funded by State Senator WInsvey Campos with the help of Residents Organizing for Change, a statewide advocacy group that aims to help ensure affordable housing for Oregon residents. Under Senate Bill 603, a total of $25 million would be set aside to make a People’s Housing Assistance Fund Demonstration Program. This would be a pilot program that enables a total of 1,000 participants to accept checks of $1,000 monthly over a two-year period of time.
The checks would be open to Oregon residents who currently do not acquire any housing assistance and who have incomes that are at or less than 60% of the area median. The program would operate statewide, making it the first UBI program carried out on the state level. When the funds are distributed, a comprehensive study would be conducted to assess the effectiveness of the program and its implementation. The goal is to determine if the Stimulus check update should be extended to contain more people going forward.
The $1,000 UBI program was one of several plans that were considered by Residents Organizing for Change, along with stimulus checks that would be deposited into people’s bank accounts or sent via check.
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