ID H0645

Creates portable benefit accounts owned by independent contractors that can be used to purchase disability, health, life, unemployment, and retirement benefits that stay with the worker rather than being tied to a hiring party

Allows any person or entity, including app-based companies, to voluntarily contribute funds to an independent contractor's portable benefit account

Contributions by hiring parties cannot be used as evidence that a worker is an employee for purposes of employment security law, worker's compensation, the Internal Revenue Code, or other labor laws

Hiring parties may deduct 100% of contributions as a business expense, and independent contractors may exclude 100% of hiring party contributions from taxable income

Effective July 1, 2026, with administration by the Idaho Department of Insurance