SB 2392

Amends the Department of Human Services Act. Creates the Illinois Guaranteed Income Fund as a special fund in the State treasury. Provides that subject to appropriation, the Department of Human Services shall administer the Fund and provide grants to eligible entities for the purpose of operating pilot programs and programs, or "projects", that provide a guaranteed income to participants. Requires the Department to prioritize funding for projects that serve Illinois residents who: (1) are pregnant individuals or have become new parents in the last 3 years; (2) are facing homelessness or seeking shelter or transitioning to housing after a period of homelessness; (3) are formerly incarcerated and returning to the community, or supporting a formerly incarcerated family member who was released within a year of application; or (4) are enrolled in educational or vocational programs. Contains provisions on the methodology and manner of distributing grants; benefits counseling for individuals who receive guaranteed income payments; Department reviews and evaluations on the economic impact of the guaranteed income programs and projects; reporting requirements and the public posting of such reports; and other matters. Effective immediately.