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Committee advances bill to let gig workers opt into portable benefits accounts

2512562 · March 6, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

House Bill 0494, creating voluntary portable employment benefits accounts for independent contractors, passed the House Insurance Committee 18-0 on March 25. The accounts would allow contributions from customers, contractors, employers or family to fund benefits without changing tax employment status.

The House Insurance Committee on March 25 approved House Bill 0494 by an 18-0 vote, a measure to allow independent contractors to access voluntary portable employment benefits accounts.

Representative Shimon Baum, who explained the measure to the committee, said the bill targets “gig workers, freelancers, consultants”…

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