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3 | 3 | | HB 1067 2025 |
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9 | 9 | | Page 1 of 6 |
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10 | 10 | | F L O R I D A H O U S E O F R E P R E S E N T A T I V E S |
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14 | 14 | | A bill to be entitled 1 |
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15 | 15 | | An act relating to portable benefits accounts for 2 |
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16 | 16 | | independent contractors and sole proprietors; creating 3 |
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17 | 17 | | part III of ch. 448, F.S., entitled "Voluntary 4 |
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18 | 18 | | Portable Benefits Act"; creating s. 448.31, F.S.; 5 |
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19 | 19 | | providing a short title; creating s. 448.32, F.S.; 6 |
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20 | 20 | | providing definitions; creating s. 448.33, F.S.; 7 |
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21 | 21 | | authorizing certain parties to make voluntary 8 |
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22 | 22 | | contributions to portable benefits accounts for 9 |
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23 | 23 | | independent contractors and sole proprietors; 10 |
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24 | 24 | | providing requirements for such contributions; 11 |
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25 | 25 | | providing an effective date. 12 |
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26 | 26 | | 13 |
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27 | 27 | | Be It Enacted by the Legislature o f the State of Florida: 14 |
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28 | 28 | | 15 |
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29 | 29 | | Section 1. Part III of chapter 448, Florida Statutes, 16 |
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30 | 30 | | consisting of ss. 448.31, 448.32, and 448.33, Florida Statutes, 17 |
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31 | 31 | | is created and entitled the "Voluntary Portable Benefits Act." 18 |
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32 | 32 | | Section 2. Section 448.31, Florida Statute s, is created to 19 |
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33 | 33 | | read: 20 |
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34 | 34 | | 448.31 Short title. —This part may be cited as the 21 |
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35 | 35 | | "Voluntary Portable Benefits Act." 22 |
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36 | 36 | | Section 3. Section 448.32, Florida Statutes, is created to 23 |
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37 | 37 | | read: 24 |
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38 | 38 | | 448.32 Definitions. —As used in this part, the term: 25 |
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46 | 46 | | Page 2 of 6 |
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47 | 47 | | F L O R I D A H O U S E O F R E P R E S E N T A T I V E S |
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51 | 51 | | (1) "Hiring party" me ans a person who hires or enters into 26 |
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52 | 52 | | a contract with an independent contractor or sole proprietor. 27 |
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53 | 53 | | (2)(a) "Independent contractor" means a person who meets 28 |
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54 | 54 | | four of the following criteria: 29 |
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55 | 55 | | 1. Maintains a separate business with his or her own work 30 |
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56 | 56 | | facility, truck, equipment, materials, or similar 31 |
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57 | 57 | | accommodations. 32 |
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58 | 58 | | 2. Holds or has applied for a federal employer 33 |
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59 | 59 | | identification number, unless the person is a sole proprietor 34 |
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60 | 60 | | who is not required to obtain a federal employer identification 35 |
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61 | 61 | | number under state o r federal regulations. 36 |
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62 | 62 | | 3. Receives compensation for services rendered or work 37 |
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63 | 63 | | performed and such compensation is paid to a business rather 38 |
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64 | 64 | | than to an individual. 39 |
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65 | 65 | | 4. Holds one or more bank accounts in the name of the 40 |
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66 | 66 | | business entity for purposes of payi ng business expenses or 41 |
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67 | 67 | | other expenses related to services rendered or work performed 42 |
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68 | 68 | | for compensation. 43 |
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69 | 69 | | 5. Performs work or is able to perform work for any entity 44 |
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70 | 70 | | in addition to or besides the hiring party at his or her own 45 |
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71 | 71 | | election without the necessity of completing an employment 46 |
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72 | 72 | | application or process. 47 |
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73 | 73 | | 6. Receives compensation for work or services rendered on 48 |
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74 | 74 | | a competitive-bid basis or completion of a task or a set of 49 |
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75 | 75 | | tasks as defined by a contractual agreement, unless such 50 |
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84 | 84 | | F L O R I D A H O U S E O F R E P R E S E N T A T I V E S |
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88 | 88 | | contractual agreement expr essly states that an employment 51 |
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89 | 89 | | relationship exists. 52 |
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90 | 90 | | (b) If a person does not meet four of the criteria 53 |
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91 | 91 | | pursuant to paragraph (a), a person may still be presumed to be 54 |
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92 | 92 | | an independent contractor and not an employee based on full 55 |
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93 | 93 | | consideration of the natur e of the person's situation with 56 |
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94 | 94 | | regard to whether the person meets any of the following 57 |
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95 | 95 | | conditions: 58 |
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96 | 96 | | 1. Performs or agrees to perform specific services or work 59 |
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97 | 97 | | for a specific amount of money and controls the means of 60 |
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98 | 98 | | performing the services or work. 61 |
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99 | 99 | | 2. Incurs the principal expenses related to the service or 62 |
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100 | 100 | | work that he or she performs or agrees to perform. 63 |
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101 | 101 | | 3. Is responsible for the satisfactory completion of the 64 |
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102 | 102 | | work or services that he or she performs or agrees to perform. 65 |
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103 | 103 | | 4. Receives compensation for work or services performed 66 |
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104 | 104 | | for a commission or on a per -job basis and not on any other 67 |
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105 | 105 | | basis. 68 |
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106 | 106 | | 5. May realize a profit or suffer a loss in connection 69 |
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107 | 107 | | with performing work or services. 70 |
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108 | 108 | | 6. Has continuing or recurring business liabilities or 71 |
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109 | 109 | | obligations. 72 |
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110 | 110 | | 7. Has success or failure in the person's business which 73 |
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111 | 111 | | depends on the relationship of business receipts to 74 |
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112 | 112 | | expenditures. 75 |
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121 | 121 | | F L O R I D A H O U S E O F R E P R E S E N T A T I V E S |
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125 | 125 | | (3)(a) "Portable benefits account" means an account that 76 |
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126 | 126 | | is: 77 |
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127 | 127 | | 1. Opened by an independent contractor or a sole 78 |
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128 | 128 | | proprietor to fund the purchase of one or more benefit plans and 79 |
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129 | 129 | | is administered by a third -party portable benefits account 80 |
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130 | 130 | | provider chosen by the independent contractor or the sole 81 |
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131 | 131 | | proprietor; and 82 |
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132 | 132 | | 2. Assigned to a beneficiary of one or more benefit plans 83 |
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133 | 133 | | rather than to a hiring party. 84 |
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134 | 134 | | (b) As used in paragraph (a), the term "benefit plan" 85 |
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135 | 135 | | includes, but is not limited to, the following products: 86 |
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136 | 136 | | 1. Health insurance. 87 |
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137 | 137 | | 2. Income replacement insurance. 88 |
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138 | 138 | | 3. Life insurance. 89 |
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139 | 139 | | 4. Retirement benefits. 90 |
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140 | 140 | | (4) "Portable benefits account provider" means the 91 |
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141 | 141 | | administrator of a portable benefits account and includes: 92 |
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142 | 142 | | (a) A bank, as defined in s. 220.62(1). 93 |
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143 | 143 | | (b) An investment management firm. 94 |
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144 | 144 | | (c) A technology provider or program manager that offers 95 |
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145 | 145 | | services through a ban k or investment management firm. 96 |
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146 | 146 | | (d) Any other person that demonstrates to the satisfaction 97 |
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147 | 147 | | of the Financial Services Commission that the manner in which 98 |
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148 | 148 | | the person will administer the portable benefits account will be 99 |
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157 | 157 | | F L O R I D A H O U S E O F R E P R E S E N T A T I V E S |
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161 | 161 | | consistent with the portable benefi ts account requirements under 100 |
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162 | 162 | | s. 448.33. 101 |
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163 | 163 | | (5) "Sole proprietor" has the same meaning as in s. 102 |
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164 | 164 | | 440.02. 103 |
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165 | 165 | | Section 4. Section 448.33, Florida Statutes, is created to 104 |
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166 | 166 | | read: 105 |
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167 | 167 | | 448.33 Voluntary contributions to portable benefits 106 |
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168 | 168 | | accounts for independent contr actors and sole proprietors. — 107 |
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169 | 169 | | (1) Any person or entity, including an independent 108 |
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170 | 170 | | contractor; a sole proprietor; a hiring party, whether a public 109 |
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171 | 171 | | or private entity; or an Internet -based or application -based 110 |
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172 | 172 | | company, may voluntarily contribute funds to a p ortable benefits 111 |
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173 | 173 | | account for an independent contractor or sole proprietor. 112 |
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174 | 174 | | (2)(a) Contributions to a portable benefits account may 113 |
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175 | 175 | | not be used as a criterion for determining a worker's employment 114 |
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176 | 176 | | classification. 115 |
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177 | 177 | | (b) Contributions to a portable benefits account may be 116 |
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178 | 178 | | made using: 117 |
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179 | 179 | | 1. The funds of the hiring party; or 118 |
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180 | 180 | | 2. A percentage of funds withheld from compensation owed 119 |
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181 | 181 | | to the independent contractor or sole proprietor if all the 120 |
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182 | 182 | | following conditions are met: 121 |
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183 | 183 | | a. The withholdings are voluntary and expressly agreed to 122 |
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184 | 184 | | in writing, and the agreement is written in clear and 123 |
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185 | 185 | | unambiguous language and prominently displayed in the work 124 |
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194 | 194 | | F L O R I D A H O U S E O F R E P R E S E N T A T I V E S |
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198 | 198 | | contract or a separate notice. 125 |
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199 | 199 | | b. The withholdings require the independent contractor or 126 |
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200 | 200 | | sole proprietor to opt in, and t he independent contractor or 127 |
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201 | 201 | | sole proprietor may choose to opt out of the withholdings at any 128 |
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202 | 202 | | time. 129 |
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203 | 203 | | Section 5. This act shall take effect July 1, 2025. 130 |
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