WY SF0041

Creates portable benefit accounts for independent contractors in Wyoming to fund health benefits, income replacement insurance, vision/dental, life insurance, or retirement benefits

Allows any person—including independent contractors, internet-based companies, and app-based companies—to voluntarily contribute funds to these accounts

Contributions to portable benefit accounts cannot be used to reclassify a worker's employment status under Wyoming law

Requires written consent from independent contractors for any compensation withholdings, with opt-in/opt-out provisions; hiring parties must provide 60 days notice to opt out

Effective July 1, 2026; Department of Workforce Services required to promulgate implementing rules