Summary

Creates a new federal office inside the Social Security Administration to deliver a universal monthly cash payment of $250 to qualifying U.S. adults age 19 through 67 beginning January 1, 2026, with annual cost-of-living increases. It also adds a new chapter to the federal tax code that implements a tax on adjusted gross income for taxable years beginning after December 31, 2025. The Office of Universal Adult Assistance must handle eligibility, outreach, fraud prevention, recordkeeping, and an annual report to Congress. Payments are excluded from taxable income and from income/resource tests for federally financed programs, and applicants must file an approved application with identifying information (name, DOB, SSN/TIN) to receive benefits.

Key Points

• Creates an SSA Office of Universal Adult Assistance to run a monthly cash benefit program.
• Pays $250 per month to qualifying adults age 19–67, starting January 1, 2026.
• Payment amounts are indexed annually to the cost-of-living after 2026 and rounded down to the nearest dollar.
• Recipients must file an approved application with identifying information (name, DOB, SSN/TIN) to receive payments.
• Payments are excluded from taxable income and from income/resource tests for federally financed programs.
• Payments are subject to anti-fraud and overpayment provisions analogous to existing Social Security rules.
• Requires SSA reporting to Congress with counts, disbursements, and demographic data.
• Adds a new chapter to the Internal Revenue Code implementing a tax on adjusted gross income effective for taxable years after Dec 31, 2025.

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