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Committee advances bill to authorize portable benefits for independent contractors

Committee on Insurance · February 11, 2026

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Summary

House Bill 2602, authorizing portable benefit plans for independent contractors and addressing tax treatment of contributed funds, passed out of the Committee on Insurance after proponents testified and no opponents appeared.

House Bill 2602 would authorize creation of portable benefit plans for independent contractors and provide for the tax treatment of funds contributed to accounts used by those plans. Eileen summarized the bill's scope for the Committee on Insurance and noted only proponents had appeared before the committee.

Representative Neighbor moved to pass HB2602 favorably for passage; Representative Chauncey seconded the motion. The committee voted in favor and the chair announced HB2602 would be passed out of committee. No amendments or opposition testimony were recorded in the session.

Next steps: HB2602 will proceed from committee to the full chamber; the transcript does not record subsequent floor scheduling or vote tallies.