TO:	Honorable Dustin Burrows, Chair, House Committee on Ways & Means
FROM:	John McGeady, Assistant Director     Sarah Keyton, Assistant Director Legislative Budget Board
IN RE:	HB3413 by Capriglione (relating to the application of the franchise tax to and computation of franchise tax owed by certain entities that hold precious metals.), 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.