Wyoming · 2026 Regular Session · Bill
SF 41: Portable benefit accounts.
Enacted Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
SF 41 is a bill introduced in the Wyoming Senate on January 13, 2026. According to its official title, it concerns: Portable benefit accounts. Primary sponsor: Jared Olsen (Republican). It lists 4 additional sponsors. Most recent recorded action (March 6, 2026): Assigned Chapter Number 63.
Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written
Official summary
Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.
Portable benefit accounts are accounts that independent contractors may open to receive funds for purchasing insurance and funding retirement benefits on the independent contractor's behalf. This act authorizes the use of portable benefit accounts by independent contractors. Portable benefit accounts are administered by portable benefit account providers, which the act defines as financial institutions, investment management firms and any other person that demonstrates to the State Banking Commissioner's satisfaction that the person will administer the account in accordance with law. The act specifies that any person, including independent contractors, may voluntarily contribute funds to a portable benefit account for or on behalf of an independent contractor. Any contribution to a portable benefit account is not a determining factor in considering whether a person is an employee or an independent contractor. The act provides that contributions to portable benefit accounts may be made using the funds of a hiring party or withheld from funds owed to an independent contractor under specified conditions, including a written agreement for the withdrawal or withholding of funds that is clear and unambiguous. The act requires the Department of Workforce Services to promulgate rules to implement this act. Comments: This act has a split effective date. Provisions concerning rulemaking are effective immediately, while the substantive portion of the act is effective on July 1, 2026.
Sponsors
Sponsors by party (alphabetical): Republican 5
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Jared Olsen | Primary sponsor | Republican | Senate | 8 |
| Brian Boner | Co-sponsor | Republican | Senate | 2 |
| Barry Crago | Co-sponsor | Republican | Senate | 22 |
| Lee Filer | Co-sponsor | Republican | House | 44 |
| J.D. Williams | Co-sponsor | Republican | House | 2 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- Assigned Chapter Number 63
- Governor Signed SEA No. 0030
- H Speaker Signed SEA No. 0030
- S President Signed SEA No. 0030
- Assigned Number SEA No. 0030
- S Concur:Passed 31-0-0-0-0
- S Received for Concurrence
- H 3rd Reading:Passed 60-0-2-0-0
- H 2nd Reading:Passed
- H COW:Passed
- H Placed on General File
- H07 - Corporations:Recommend Amend and Do Pass 7-0-2-0-0
Showing 12 most recent of 22 actions. Full history