Right now, the California state senate is considering legislation that would return the proceeds from California's cap-and-trade system to residents through a universal dividend fund. By issuing regular cash payments to every state resident, equally and unconditionally, the Climate Dividend Fund established by Senate BIll 775 (SB 775) would serve as a major step towards greater economic security for all Californians.

Universal dividend funds are a powerful tool to share economic prosperity. By adding other revenue sources in the future, larger dividends could be issued, increasing the fund's stabilizing impact and bringing payments closer to the level of a universal basic income.

Many state senators are on the fence about SB 775 and can be swayed by a strong show of support. Add your name to tell the senate to pass SB 775 and create a universal dividend fund for California.