BILL · 2011–12 SESSION

HB 1416: Property management/B&O tax

Concerning a business and occupation tax deduction for payments made to certain property management companies for personnel performing on-site functions.

Summary

  • Allows a business and occupation (B&O) tax deduction for a nonprofit property management company receiving compensation for on-site employees from the owner of a property.
  • Allows a B&O tax deduction for a property management company receiving compensation for on-site employees either from a housing authority or from a limited liability company or limited partnership of which the sole managing member or sole general partner is a housing authority.
  • Repeals a B&O tax exemption for nonprofit property management companies receiving amounts from property owners, and for property management companies receiving amounts from housing authorities for compensation of on-site personnel.
  • Modifies the definitions of on-site personnel and nonprofit management company.

From the House Bill Report (HB 1416), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 20, 2011
  2. Out of committeestopped here
  3. Passed House
  4. Passed Senate
  5. Governor
  6. Law
Prime sponsor
Eric Pettigrew (D-37)
Introduced
January 20, 2011 in the House
Last action
April 11, 2012
Companion bill
SB 5289
Budget
Has a fiscal note

AN ACT Relating to a business and occupation tax deduction for payments made to certain property management companies for personnel performing on-site functions;

Sponsors

Votes

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

History

  1. By resolution, reintroduced and retained in present status.
  2. By resolution, reintroduced and retained in present status.
  3. By resolution, reintroduced and retained in present status.
  4. By resolution, reintroduced and retained in present status.
  5. By resolution, reintroduced and retained in present status.
  6. Referred to Ways & Means.
  7. CDH - Executive action taken by committee.
  8. CDH - Majority; do pass.
  9. First reading, referred to Community Development & Housing.

HB 1416 in other sessions

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

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