[Federal Register Volume 67, Number 229 (Wednesday, November 27, 2002)]
[Notices]
[Page 70924]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 02-30080]


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DEPARTMENT OF COMMERCE


Submission for OMB Review; Comment Request

    The Department of Commerce (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: Benchmark Survey of Foreign Direct Investment in the United 
States--2002.
    Form Number(s): BE-12(LF) (long form), BE-12 (SF) (short form), BE-
12 Bank (bank form), and BE-12X (Claim for Not Filing a BE-12(LF), BE-
12(SF), or BE-12 Bank).
    Agency Approval Number: 0608-0042.
    Type of Request: Reinstatement, with change, of a previously 
approved collection for which approval has expired.
    Burden: 199,500 hours.
    Number of Respondents: 17,700.
    Avg Hours Per Response: 11.3 hours.
    Needs and Uses: The purpose of the benchmark survey is to obtain 
universe data on the financial and operating characteristics of, and on 
positions and transactions between, U.S. affiliates and their foreign 
parent groups (which are defined to include all foreign parents and 
foreign affiliates of foreign parents). The data are needed to measure 
the size and economic significance of foreign direct investment in the 
United States, to measure changes in such investment, and to assess its 
impact on the U.S. economy. The data will provide benchmarks for 
deriving current universe estimates of direct investment from sample 
data collected in other BEA surveys. In particular, they will serve as 
benchmarks for the quarterly direct investment estimates included in 
the U.S. international transactions and national income and product 
accounts, and for annual estimates of the foreign direct investment 
position in the United States and of the operations of the U.S. 
affiliates of foreign companies.
    Affected Public: U.S. businesses or other for-profit institutions.
    Frequency: Quinquennial.
    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 Diana Hynek, Departmental Paperwork Clearance 
Officer, Office of the Chief Information Officer, (202) 482-0266, 
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: November 21, 2002.
Madeleine Clayton,
Management Analyst, Office of the Chief Information Officer.
[FR Doc. 02-30080 Filed 11-26-02; 8:45 am]
BILLING CODE 3510-06-P