Our Policy Solution

Minnesota Financial Opportunity Pilot Program

HF 3001 (Hollins)/ SF 3232 (Oumou Verbeten)

In the 2025 legislative session, we introduced the Minnesota Financial Opportunity Pilot Program, a bill proposing monthly direct cash payments to low- and middle-income households, ensuring financial stability and reducing poverty across the state. We need your support in raising it as an important legislative issue.

Key Provisions of the Bill

• Builds on the success and lessons learned from Guaranteed Income programs implemented in Minnesota and nationally

• Disbursed as competitive grants to local municipalities, tribal governments, and nonprofits to create localized demonstration projects

• Grantees will design their program based on community need with insights from people intended to be served by the program

• Targeted to Minnesotans receiving any public benefit or with an income at or below 300% of the poverty guideline

• Funded by both state and private dollars

• Monthly payments will be at least $500/month for a period of at least 18 months

• Rigorous program evaluation of guaranteed income demonstration, plus guaranteed income community of practice

Expected Impacts of the Bill

• Increased employment and career growth

• Improved mental health

• Increased ability to withstand unexpected events in life

• Improved child development outcomes

• Prove viability of a statewide basic income program

What would you do with an extra $500 a month?