TO:	Honorable Dustin Burrows, Chair, House Committee on Ways & Means
FROM:	John McGeady, Assistant Director     Sarah Keyton, Assistant Director Legislative Budget Board
IN RE:	HB4198 by Murphy (Relating to the exclusion from total revenue of certain payments made by a performing rights society for purposes of computing the franchise tax.), As Introduced

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.