SB336: Establishes provisions relating to portable benefit accounts. (BDR 53-621)

Legislative Summary

AN ACT relating to compensation; authorizing a sole proprietor or independent contractor to open a portable benefit account under certain circumstances; authorizing certain contributions to and disbursements from a portable benefit account under certain circumstances; setting forth certain restrictions on the consideration by the Labor Commissioner of a contribution to a portable benefit account in determining whether the holder of the account should be classified as an employee; and providing other matters properly relating thereto.