TO:	Honorable Dennis Bonnen, Chair, House Committee on Ways & Means
FROM:	Ursula Parks, Director, Legislative Budget Board
IN RE:	HB4002 by Bonnen, Dennis (relating to the definition of production used in determining the cost of goods sold for franchise tax purposes.), Committee Report 1st House, Substituted

No statistically significant impact on the overall distribution of a state tax or fee burden among individuals and businesses is anticipated from the provisions of this bill.