An Act establishing portable benefits and protections for app-based workers.

This bill creates a new system of portable benefits for app-based workers, such as delivery couriers and rideshare drivers, who are currently classified as independent contractors. It requires companies that use digital platforms to hire these workers to contribute to a personal financial account for each eligible worker, who must earn at least $1,000 in a quarter to qualify. The money in these accounts can be used for specific needs like illness, emergencies, or to replace lost income if a worker's earnings drop by 50% or more. By establishing this framework, the legislation aims to provide income replacement, health insurance coverage, and other protections that are typically available to employees but not to independent contractors.