Committee advances bill to authorize portable benefits for independent contractors
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.
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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.
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