WA Lege Day 55: Tax debate on property management companies

OLYMPIA — Republicans are offering an amendment to take away a tax on property management firms. Right now those companies have an exemption to the business and occupation tax on salaries.

Sen.Chris Marr, D-Spokane, agrees, saying it will cause rents to go up as the tax is passed through.

Sen. Rodney Tom, D-Medina, says it makes no sense to treat property management firms different than many other management firms.

Amendment fails 23-24.