[Federal Register Volume 67, Number 229 (Wednesday, November 27, 2002)]
[Notices]
[Pages 70924-70925]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 02-30081]


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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.

[[Page 70925]]

    Type of Request: Revision of a currently approved 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 Diana Hynek, Departmental Paperwork Clearance 
Officer, Office of the Chief Information Officer, (202) 482-0266, 
Department of Commerce, Room 6625, 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.
[FR Doc. 02-30081 Filed 11-26-02; 8:45 am]
BILLING CODE 3510-06-P