Portable Benefits Accounts for Independent Contractors and Sole Proprietors

Summary

The bill would let independent contractors and sole proprietors open portable benefits accounts to purchase health, life, retirement, and income‑replacement coverage. Hiring parties, other entities, or the workers themselves could voluntarily contribute money, but those contributions could not be used to determine employment classification. It aims to give gig‑workers portable benefits that move with them between jobs.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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