Portable Benefits Accounts for Independent Contractors and Sole Proprietors

Summary

The bill establishes a new Voluntary Portable Benefits Act that lets independent contractors and sole proprietors open benefit accounts funded by themselves, hiring parties, or other contributors. Contributions must be voluntary, written, and opt‑in, and they cannot be used to determine a worker’s employment classification. It aims to give gig‑workers portable health, retirement, and other insurance options.

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