NH HB1245

Creates a new framework allowing independent contractors to participate in voluntary portable benefit plans covering health insurance, unemployment insurance, disability insurance, life insurance, and retirement benefits

Permits hiring parties (businesses or marketplace platforms) to make voluntary contributions to portable benefit plans on behalf of independent contractors without affecting the worker's classification status

Allows hiring parties and independent contractors to agree in writing that a portion of compensation may be withheld for benefit plan contributions, requiring the contractor to affirmatively opt in and permitting opt out at any time

Explicitly provides that participation in a portable benefit plan shall not be used to determine whether a worker is an employee under New Hampshire labor or benefits statutes

Takes effect 60 days after passage; fiscal note indicates indeterminable increase in General Fund revenue from potential insurance premium tax and indeterminable increase in county and local expenditures for health insurance premiums