BILL · 2007–08 SESSION

SB 6265: Property management company

Clarifying that the gross wages and benefits of on-site property managers are exempt from the business and occupation taxation of property management companies.

Summary

  • The B&O tax exemption allowed to property managers for payments received for compensation of an on-site employee is expanded by eliminating the requirement that the on-site employee work primarily at a single property owner's property. An employee may work at one or more properties managed by a property management company.

From the Senate Bill Report (SB 6265), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 14, 2008
  2. Out of committeestopped here
  3. Passed Senate
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
Chris Marr (D-6)
Introduced
January 14, 2008 in the Senate
Last action
January 14, 2008
Budget
Has a fiscal note

AN ACT Relating to clarifying the business and occupation taxation of property management companies in regards to on-site property managers' wages and benefits;

Sponsors

Prime sponsor: Chris Marr (D-6)

3 co-sponsors (1 Democrat, 2 Republicans)

Votes

No recorded floor votes. This measure never reached a floor vote.

History

  1. First reading, referred to Ways & Means.
  2. Prefiled for introduction.

SB 6265 in other sessions

Bill numbers restart every two years, so the same number is a different bill in each session.

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