To amend the Employee Retirement Income Security Act of 1974 and the Internal Revenue Code of 1986 regarding pension plans for independent workers, and for other purposes.
Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.
Summary
What This Bill Does
The bill adds or tightens a compliance mandate, procurement, definition change provision: 2, adds or tightens a compliance mandate, definition change provision: 3, and adds or tightens a reporting req, compliance mandate, definition change provision: 4. It relies on compliance mandates, definition changes, reporting requirements, and procurement rules. The main policy areas are Environment, Finance, and Labor.
Who Benefits and How
The available clause analysis does not identify a specific beneficiary group.
Who Bears the Burden and How
No clear private burden is identified from the available clause analysis; implementing agencies may still take on administrative work.
Key Provisions
- Adds or tightens a compliance mandate, procurement, definition change provision: 2.
- Adds or tightens a compliance mandate, definition change provision: 3.
- Adds or tightens a reporting req, compliance mandate, definition change provision: 4.
- Adds or tightens a reporting req, compliance mandate provision: 5.
- Adds or tightens a compliance mandate, definition change provision: 6. Pilot programs for the gig economy.
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for primary purpose and policy domains.
At a Glance
What This Bill Does
The bill adds or tightens a compliance mandate, procurement, definition change provision: 2, adds or tightens a compliance mandate, definition change provision: 3, and adds or tightens a reporting req, compliance mandate, definition change provision: 4.
Key Policy Areas
Environment, Finance, Labor
Primary Purpose
The bill adds or tightens a compliance mandate, procurement, definition change provision: 2, adds or tightens a compliance mandate, definition change provision: 3, and adds or tightens a reporting req, compliance mandate, definition change provision: 4.
Policy Domains
Sponsors
Legislative Progress
IntroducedMr. Cassidy introduced the following bill; which was read twice …
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "secretary_of_labor"
- → Secretary of Labor
- "secretary_of_treasury"
- → Secretary of the Treasury
Key Definitions
Terms defined in this bill
an account that is established and maintained on behalf of an independent worker that— allows for the deposit of amounts by the independent worker, including the amounts described in paragraphs (1) and (2) of subsection (a)
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology