Portable benefit accounts.

Summary

The bill lets independent contractors open accounts that can be used to purchase health, life, income‑replacement or retirement benefits. Contributions can come from the contractor, a hiring party or any other person, but must be voluntary, opt‑in, and cannot affect the contractor’s employment classification. The Department of Workforce Services must issue rules, and the main provisions take effect on July 1 2026.

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

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