LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION April 29, 2017 TO: Honorable René Oliveira, Chair, House Committee on Business & Industry FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB2674 by Uresti, Tomas (Relating to reporting requirements for certain nonprofit corporations regarding employee and officer salaries.), As Introduced No significant fiscal implication to the State is anticipated. The bill would amend the Business Organizations Code relating to reporting requirements for certain nonprofit corporations regarding employee and officer salaries.Based on information provided by the Secretary of State, this analysis assumes any additional work associated with implementing the provisions of the bill could be absorbed by the agency using existing resources.The bill would take effect on September 1, 2017. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies:307 Secretary of State LBB Staff: UP, CL, NV, ASa
LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION
April 29, 2017
TO: Honorable René Oliveira, Chair, House Committee on Business & Industry FROM: Ursula Parks, Director, Legislative Budget Board IN RE:HB2674 by Uresti, Tomas (Relating to reporting requirements for certain nonprofit corporations regarding employee and officer salaries.), As Introduced
TO: Honorable René Oliveira, Chair, House Committee on Business & Industry
FROM: Ursula Parks, Director, Legislative Budget Board
IN RE: HB2674 by Uresti, Tomas (Relating to reporting requirements for certain nonprofit corporations regarding employee and officer salaries.), As Introduced
Honorable René Oliveira, Chair, House Committee on Business & Industry
Honorable René Oliveira, Chair, House Committee on Business & Industry
Ursula Parks, Director, Legislative Budget Board
Ursula Parks, Director, Legislative Budget Board
HB2674 by Uresti, Tomas (Relating to reporting requirements for certain nonprofit corporations regarding employee and officer salaries.), As Introduced
HB2674 by Uresti, Tomas (Relating to reporting requirements for certain nonprofit corporations regarding employee and officer salaries.), As Introduced
No significant fiscal implication to the State is anticipated.
No significant fiscal implication to the State is anticipated.
The bill would amend the Business Organizations Code relating to reporting requirements for certain nonprofit corporations regarding employee and officer salaries.Based on information provided by the Secretary of State, this analysis assumes any additional work associated with implementing the provisions of the bill could be absorbed by the agency using existing resources.The bill would take effect on September 1, 2017.
Local Government Impact
No fiscal implication to units of local government is anticipated.
Source Agencies: 307 Secretary of State
307 Secretary of State
LBB Staff: UP, CL, NV, ASa
UP, CL, NV, ASa