[Federal Register Volume 65, Number 212 (Wednesday, November 1, 2000)]
[Notices]
[Page 65293]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 00-28021]


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DEPARTMENT OF COMMERCE


Submission for OMB Review; Comment Request

    DOC has submitted to the Office of Management and Budget (OMB) for 
clearance the following proposal for collection of information under 
the provisions of the Paperwork Reduction Act (44 U.S.C. Chapter 35).
    Agency: Bureau of Economic Analysis (BEA).
    Title: Transactions of U.S. Affiliate, Except a U.S. Banking 
Affiliate, with Foreign Parent (Form BE-605) and Transactions of U.S. 
Banking Affiliate with Foreign Parent (Form BE-605 Bank).
    Form Number(s): BE-605 and BE-605 Bank.
    Agency Approval Number: 0608-0009.
    Type of Request: Extension of a currently approved collection 
without any change in the substance or in the method of collection.
    Burden: 19,750 hours.
    Number of Respondents: 3,950 per quarter; 15,800 annually.
    Avg Hours Per Response: 1\1/4\ hours.
    Needs and Uses: The U.S. Government requires data from the BE-605 
(quarterly) survey for compiling the international transactions 
accounts, input-output accounts, and national income and product 
accounts of the United States. The data are also needed to measure the 
amount of foreign direct investment in the United States, monitor 
changes in such investment, assess its impact on the U.S. and foreign 
economies, and, based upon this assessment, make informed policy 
decisions regarding foreign direct investment in the United States.
    Also, the data from the BE-605 survey complement data from BEA's 
other ongoing surveys of foreign direct investment in the United 
States, namely the BE-13, Initial Report on a Foreign Person's Direct 
or Indirect Acquisition, Establishment, or Purchase of the Operating 
Assets, of a U.S. Business Enterprise, Including Real Estate, and the 
BE-12 (benchmark) and BE-15 (annual) surveys, which provide data on the 
overall operations of U.S. affiliates.
    Affected Public: U.S. businesses or other for-profit institutions.
    Frequency: Quarterly.
    Respondent's Obligation: Mandatory.
    Legal Authority: Title 22 U.S.C., Sections 3101-3108, as amended.
    OMB Desk Officer: Paul Bugg, (202) 395-3093.
    You may obtain copies of the above information collection proposal 
by calling or writing Madeleine Clayton, Departmental Forms Clearance 
Officer, Office of the Chief Information Officer, (202) 482-3129, 
Department of Commerce, Room 6086, 14th Street and Constitution Avenue, 
NW, Washington, DC 20230.
    Send comments on the proposed information collection within 30 days 
of publication of this notice to Paul Bugg, OMB Desk Officer, Room 
10201, New Executive Office Building, Washington, DC 20503.

    Dated: October 27, 2000.
Madeleine Clayton,
Departmental Forms Clearance Officer, Office of the Chief Information 
Officer.
[FR Doc. 00-28021 Filed 10-31-00; 8:45 am]
BILLING CODE 3510-06-P