Voluntary Portable Benefit Plan Act; create for contributions by hiring parties to independent contractors' portable benefit accounts.

Also relevant to:Gig worker / 1099 contractor

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Plain-English Summary

An Act To Be Known As The "voluntary Portable Benefit Plan Act"; To Define Certain Terms; To Authorize A Hiring Party To Voluntarily Contribute Funds To The Portable Benefit Account Owned By An Independent Contractor; To Authorize A Hiring Party To Withhold Funds From The Compensation Owed To An Independent Contractor For The Contribution To The Person's Portable Benefit Account; To Authorize A Deduction From A Hiring Party's Taxable Income For Contributions To A Portable Benefit Account; To Exc…

Source: OpenStates · fetched March 3, 2026

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