[Federal Register Volume 71, Number 81 (Thursday, April 27, 2006)]
[Notices]
[Pages 24914-24915]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E6-6351]


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DEPARTMENT OF THE TREASURY


Departmental Offices--Office of International Investment; 
Proposed Collection; Comment Request

ACTION: Notice and request for comments.

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SUMMARY: The Department of the Treasury, as part of its continuing 
effort to reduce paperwork and respondent burden, invites the general 
public and other Federal agencies to take this opportunity to comment 
on continuing information collections, as required by the Paperwork 
Reduction Act of 1995, Public Law 104-13 (44 U.S.C. 3506(c)(2)(A)). 
Currently, the Office of International Investment within the Department 
of the Treasury is soliciting comments concerning the information 
collection provisions of the Regulations Pertaining to Mergers, 
Acquisitions and Takeovers by Foreign Persons, 31 CFR 800.402.

DATES: Written comments should be received on or before June 26, 2006 
to be assured of consideration.

ADDRESSES: Direct all written comments to Gay Sills, Director, Office 
of International Investment, Department of the Treasury, 1500 
Pennsylvania Avenue, NW., Washington, DC 20220--(202) 622-1860.

FOR FURTHER INFORMATION CONTACT: Requests for additional information 
should be directed to Jack Dempsey, Economist, Office of International 
Investment, Department of the Treasury, 1500 Pennsylvania Avenue, NW., 
Washington, DC 20220--(202) 622-1860; or Francine McNulty Barber, 
Senior Counsel, Department of the Treasury, Room 2014, 1500 
Pennsylvania Ave., NW., Washington, DC 20220--(202) 622-1947.

SUPPLEMENTARY INFORMATION: Title: Regulations Pertaining to Mergers, 
Acquisitions and Takeovers by Foreign Persons.
    OMB Number: 1505-0121.
    Abstract: The information request in this proposed collection is 
contained in 31 CFR 800.402. The information collected under these 
regulations is used by the Committee on Foreign Investment in the 
United States (CFIUS), an inter-agency committee chaired by the 
Secretary of the Treasury and comprised of the Secretaries of State, 
Defense, Treasury, Commerce and Homeland Security, the Attorney 
General, the U.S. Trade Representative, the Director of the Office of 
Management and Budget, the Chairman of the Council of Economic 
Advisers, and the Assistants to the President for National Security, 
National Economic Policy, and Science and Technology. The President has 
delegated to CFIUS the President's authority under section 721 of the 
Defense Production Act of 1950 to determine the effects on the national 
security of acquisitions proposed or pending after the date of 
enactment (August 23, 1988) by or with foreign persons that could 
result in foreign control of persons engaged in

[[Page 24915]]

interstate commerce in the United States.
    Current Actions: Extension.
    Type of Review: Extension.
    Affected Public: Foreign businesses and foreign individuals.
    Estimated Number of Responses: 65.
    Estimated Time Per Respondent: This varies, depending on individual 
circumstances, with an average of 60 hours.
    Estimated Total Annual Burden Hours: 3900 hours.
    Requests For Comments: Comments submitted in response to this 
notice will be summarized and/or included in the request for OMB 
approval. All comments will become a matter of public record. Comments 
are invited on: (a) Whether the collection of information is necessary 
for the proper performance of the functions of the agency, including 
whether the information shall have practical utility; (b) the accuracy 
of the agency's estimate of the burden of the collection of 
information; (c) ways to enhance the quality, utility, and clarity of 
the information to be collected; (d) ways to minimize the burden of the 
collection of information on respondents, including through use of 
automated collection techniques or other forms of information 
technology; and (e) estimates of capital or start-up costs and costs of 
operation, maintenance, and purchase of services to provide 
information.

Francine McNulty Barber,
Senior Counsel, Office of the Assistant General Counsel for 
International Affairs.
 [FR Doc. E6-6351 Filed 4-26-06; 8:45 am]
BILLING CODE 4810-25-P