ESSB 6143 -
By Senators Marr, Hobbs
PULLED 03/19/2010
On page 88, after line 34, insert the following:
"NEW SECTION. Sec. 1702 A new section is added to chapter 82.04
RCW 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 18.85.285.
(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 106, line 1, after "406," insert "1702,"
On page 106, after line 14, insert the following:
"NEW SECTION. Sec. 2214 Section 1702 of this act takes effect
June 1, 2015."
Renumber the remaining sections consecutively and correct any internal references accordingly.
EFFECT: Reinstates the B&O exemption for property management salaries effective June 1, 2015.