Passed One ChamberFiled Apr 28, 2026
Sponsor: Tim Reeder (R)
Latest Action
Regular Message Sent To Senate
Jul 1, 2026
Summary
The bill lets businesses or other parties put money into a portable benefit account that an independent contractor can use to buy health, retirement, and other insurance plans. Contributions are tax‑deductible for the payer and tax‑free for the contractor, and they do not make the contractor an employee. A $100,000 fund is set aside to educate the public about the new system.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
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