SSB 6143 -
By Senators Schoesler, Zarelli, Carrell
NOT ADOPTED 03/06/2010
On page 93, after line 36, insert the following:
"Sec. 1802 RCW 82.04.394 and 1998 c 338 s 2 are each amended to
read as follows:
(1) This chapter does not apply to amounts received by a property
management company from the owner of a property for gross wages and
benefits paid directly to or on behalf of on-site personnel from
property management trust accounts that are required to be maintained
under RCW ((18.85.310)) 18.85.285.
(2) As used in this section, "on-site personnel" means a person who
meets all of the following conditions: (a) The person works primarily
at the owner's property; (b) the person's duties include leasing
property units, maintaining the property, collecting rents, or similar
activities; and (c) under a written property management agreement: (i)
The person's compensation is the ultimate obligation of the property
owner and not the property manager; (ii) the property manager is liable
for payment only as agent of the owner; and (iii) the property manager
is the agent of the owner with respect to the on-site personnel and
that all actions, including, but not limited to, hiring, firing,
compensation, and conditions of employment, taken by the property
manager with respect to the on-site personnel are subject to the
approval of the property owner."
On page 112, line 5, after "406," insert "1802,"
On page 112, after line 18, insert the following:
"NEW SECTION. Sec. 2214 Section 1802 of this act takes effect
June 1, 2015."
Renumber the remaining sections consecutively and correct any internal references accordingly.
SSB 6143 -
By Senators Schoesler, Zarelli, Carrell
NOT ADOPTED 03/06/2010
On page 1, line 11 of the title, after "82.12.962," insert "82.04.394"
EFFECT: Reinstates the B&O exemption for property management salaries effective June 1, 2015.