Wyoming legislation · 2026 Budget Session
Wyoming SF41: Portable benefit accounts.
Status: Signed into law, March 6, 2026
AN ACT relating to labor and employment; authorizing the creation and use of portable benefit accounts; specifying requirements and conditions for portable benefit accounts; providing definitions; requiring rulemaking; and providing for effective dates.
What the bill says
An act relating to labor and employment; authorizing the creation and use of portable benefit accounts; specifying requirements and conditions for portable benefit accounts; providing definitions; requiring rulemaking; and providing for effective dates.
From the enrolled text, March 2, 2026:
AN ACT relating to labor and employment; authorizing the creation and use of portable benefit accounts; specifying requirements and conditions for portable benefit accounts; providing definitions; requiring rulemaking; and providing for effective dates. Section 1. W.S. 27-1-117 is created to read: 27-1-117. Portable benefit accounts. (a) As used in this section: (i) "Financial institution" means any bank, savings and loan association or credit union chartered under the laws of Wyoming, the laws of the United States or the laws of another territory or state of the United States that is insured by the federal deposit insurance corporation or the national credit union administration. "Financial institution" shall include any special purpose depository institution as defined by W.S. 13-1-101(a)(xvi); (ii) "Hiring party" means a person that hires or enters into a contract with an independent contractor; (iii) "Independent contractor" means as defined by W.S. 27-14-102(a)(xxiii); (iv) "Portable benefit account" means an account opened by an independent contractor that is: (A) Administered by a portable benefit account provider; and ORIGINAL SENATE ENGROSSED FILE NO. SF0041 ENROLLED ACT NO. 30, SENATE SIXTY-EIGHTH LEGISLATURE OF THE STATE OF WYOMING 2026 BUDGET SESSION (B) Assigned to a beneficiary of one (1) or more benefit plans for the purpose of funding the purchase of one (1) or more benefit plans, including but not limited to plans that …
Sponsors
- Lee Filer (R, H44)
- Williams
- Boner, Brian (R, S02)
- Crago, Barry (R, S22)
- Olsen, Jared (R, S08) · primary sponsor
Latest 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
Votes
- S Concur:Passed 31-0-0-0-0 (March 2, 2026): 31 yea, 0 nay, passed
- H 3rd Reading:Passed 60-0-2-0-0 (February 26, 2026): 60 yea, 0 nay, passed
- H07 - Corporations:Recommend Amend and Do Pass 7-0-2-0-0 (February 23, 2026): 7 yea, 0 nay, passed
- S 3rd Reading:Passed 30-1-0-0-0 (February 19, 2026): 30 yea, 1 nay, passed
- S10 - Labor:Recommend Amend and Do Pass 5-0-0-0-0 (February 16, 2026): 5 yea, 0 nay, passed
- S Introduced and Referred to S10 - Labor 29-1-1-0-0 (February 10, 2026): 29 yea, 1 nay, passed
Subjects: Portable benefit accounts.
Common questions
- What is SF41?
- SF41 is a bill in the Wyoming Legislature (2026 Budget Session): Portable benefit accounts.
- What does SF41 do?
- In its own words: An act relating to labor and employment; authorizing the creation and use of portable benefit accounts; specifying requirements and conditions for portable benefit accounts; providing definitions; requiring rulemaking; and providing for effective dates.
- What is the status of SF41?
- Signed into law as of March 6, 2026. Latest action: Assigned Chapter Number 63 (March 6, 2026).
- Who sponsored SF41?
- Olsen, Jared (R, S08), with 4 co-sponsors.
- Where is the official record for SF41?
- On the Wyoming Legislature website: https://wyoleg.gov/Legislation/2026/SF0041
Source: official Wyoming record. Tracked by Delilah, AI for legislation across all 50 states and Congress.