By: Uresti H.B. No. 2674 Substitute the following for H.B. No. 2674: By: Oliveira C.S.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) Except as provided by Subsection (d), 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. (d) This section does not apply to a corporation that is a church, an ecclesiastical or denominational organization, or another established physical place for worship at which religious services are the primary activity and are regularly conducted. 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.