2024-25974. Color Additive Certification; Increase in Fees for Certification Services

Table 1—Summary of Benefits, Costs, and Distributional Effects of the Final Rule

[Thousands of 2023 dollars]

Category	Primary estimate	Low estimate	High estimate	Dollar year	Discount rate (%)	Time horizon	Notes ( e.g., risk assumptions; source citations; whether inclusion of capital effects differs across low, primary, high estimates; etc.)
Benefits:
Annualized monetized benefits
Annualized quantified, but non-monetized, benefits
Unquantified benefits
Costs:
Annualized monetized costs	$0.63				3
	$0.74				7
Annualized quantified, but non-monetized, costs
Unquantified costs
Transfers:
Annualized monetized Federal budgetary transfers	$2,507				3
	$2,507				7
Bearers of transfer gain and loss?	Bearer of transfer loss: Manufacturers of color additives			Bearer of transfer gain: Federal Government
Category	Effects			Notes
Effects on State, local, or Tribal governments	No effect
( print page 88641)
Effects on small businesses	This final rule generates costs to small businesses, as well as transfers from small businesses to FDA that we treat as costs from the perspective of the small business. On average, these costs amount to approximately 0.25% of annual average revenues of the small firms in the affected industry
Effects on wages	No Effect
Effects on growth	No Effect