85R9753 EES-D     By: Uresti H.B. No. 2674       A BILL TO BE ENTITLED   AN ACT   relating to reporting requirements for certain nonprofit   corporations regarding employee and officer salaries.          BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:          SECTION 1.  Chapter 22, Business Organizations Code, is   amended by adding Subchapter J to read as follows:   SUBCHAPTER J. CERTAIN REPORTS          Sec. 22.451.  ANNUAL REPORT OF EMPLOYEE AND OFFICER   SALARIES. (a) A corporation that is exempt from income taxation   under Section 501(a), Internal Revenue Code of 1986, by being   listed under Section 501(c)(3) of that code and that receives 25   percent or more of its income from state funding shall prepare and   file an annual report with the secretary of state listing the   salaries of each of its employees and officers.          (b)  A corporation required to prepare a report under   Subsection (a) shall prepare the report on a form adopted by the   secretary of state for that purpose.          (c)  A corporation required to prepare a report under   Subsection (a) shall make the report available to the public at no   cost on the corporation's Internet website, if the corporation   maintains an Internet website.          SECTION 2.  As soon as practicable after the effective date   of this Act, the secretary of state shall adopt a form and establish   a procedure for filing the report required by Section 22.451,   Business Organizations Code, as added by this Act.          SECTION 3.  This Act takes effect September 1, 2017.