[Federal Register Volume 66, Number 158 (Wednesday, August 15, 2001)]
[Notices]
[Page 42839]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 01-20563]


-----------------------------------------------------------------------

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), Commerce.
    Title: Annual Survey of Foreign Direct Investment in the United 
States.
    Form Number(s): BE-15 (Long Form), BE-15 (Short Form), and BE-15 
Supplement C.
    Agency Approval Number: 0608-0034.
    Type of Request: Extension of a currently approved collection 
without any change in the substance or in the method of collection.
    Burden: 128,000 hours.
    Number of Respondents: 4,975.
    Avg Hours Per Response: 26 hours.
    Needs and Uses: The U.S. Government requires data from the BE-15 
survey to provide reliable, useful, and timely measures of foreign 
direct investment in the United States, assess its impact on the U.S. 
economy, and based upon this assessment, make informed policy decisions 
regarding foreign direct investment in the United States. The data are 
used to derive annual estimates of the operations of nonbank U.S. 
affiliates of foreign investors, including their balance sheets; income 
statements; property, plant, and equipment; external financing; 
employment and employee compensation; merchandise trade; sales of goods 
and services; taxes; and research and development (R&D) activity. The 
data are also used to update similar data for the universe of U.S. 
affiliates collected once every five years in the BE-12 benchmark 
survey of foreign direct investment in the United States.
    The data from the BE-15 survey complement data from BEA's other 
ongoing surveys of foreign direct investment in the United States, 
namely the BE-605 and BE-605 Bank quarterly surveys of transactions and 
positions between U.S. affiliates and their foreign parents, and 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.
    Affected Public: U.S. businesses or other for-profit institutions.
    Frequency: Annual.
    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 Paperwork 
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, or via internet at [email protected].
    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: August 10, 2001.
Madeleine Clayton,
Departmental Paperwork Clearance Officer, Office of the Chief 
Information Officer.
[FR Doc. 01-20563 Filed 8-14-01; 8:45 am]
BILLING CODE 3510-06-P