Voluntary Portable Benefit Plan Act; enact

Summary

The bill lets independent contractors open and fund portable benefit accounts, and allows anyone—including hiring parties—to contribute voluntarily. Contributions can be withheld from the contractor’s pay with a clear opt‑in agreement, and contractors can opt out anytime. The law ensures these contributions don’t reclassify the contractor as an employee.

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

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