Labor & Employment (Gig Economy)

Wyoming's SF 41 creates "portable benefit accounts" to help independent contractors access benefits like health insurance or retirement savings. The bill allows hiring parties (companies or individuals) or contractors themselves to voluntarily contribute funds to these accounts, with strict rules requiring written opt-in agreements and clear disclosure. It prohibits using these contributions to determine employment status and mandates that accounts be managed by approved financial institutions. The law requires the Department of Workforce Services to create implementing rules and takes effect July 1, 2026. This directly affects independent contractors who currently lack employer-provided benefits.