Read twice and referred to the Committee on Finance.
Summary
The bill establishes clear definitions and criteria for determining whether a service provider payee is an employee or an independent contractor under federal law. It creates mandatory and elective classification categories and requires periodic reviews. By standardizing classification, it aims to reduce disputes and ensure consistent application of labor, tax, and employment protections.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
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