Direct Investment Surveys: Alignment of Regulations With Current Practices, 39260-39261 [2011-16065]
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Federal Register / Vol. 76, No. 129 / Wednesday, July 6, 2011 / Rules and Regulations
Authority: 49 U.S.C. 106(g), 1155, 40103,
40113, 40120, 44101, 44111, 44701, 44709,
44711, 44712, 44715, 44716, 44717, 44722,
46306, 46315, 46316, 46504, 46506–46507,
47122, 47508, 47528–47531, articles 12 and
29 of the Convention on International Civil
Aviation (61 Stat.1180).
2. Amend § 91.417 by revising
paragraph (a)(2)(vi) to read as follows:
■
§ 91.417
Maintenance records.
(a) * * *
(2) * * *
(vi) Copies of the forms prescribed by
§ 43.9(d) of this chapter for each major
alteration to the airframe and currently
installed engines, rotors, propellers, and
appliances.
*
*
*
*
*
Issued in Washington, DC, on June 29,
2011.
Dennis R. Pratte,
Acting Director, Office of Rulemaking.
[FR Doc. 2011–16863 Filed 7–5–11; 8:45 am]
BILLING CODE 4910–13–P
DEPARTMENT OF COMMERCE
Bureau of Economic Analysis
15 CFR Part 806
[Docket No. 110321207–1206–01]
RIN 0691–AA78
Direct Investment Surveys: Alignment
of Regulations With Current Practices
Bureau of Economic Analysis,
Commerce.
ACTION: Final rule.
AGENCY:
This final rule amends
regulations of the Bureau of Economic
Analysis (BEA) related to direct
investment surveys. Specifically, BEA is
eliminating reporting requirements for
several direct investment surveys that
are no longer necessary because the
information is collected on other
surveys of direct investment conducted
by BEA. The surveys that are eliminated
from the regulations are: A survey of
foreign direct investment in the U.S.
seafood industry, two schedules of
expenditures for property, plant, and
equipment of U.S. direct investment
abroad, and two industry classification
questionnaires. In addition, BEA is
eliminating the reporting requirements
for two surveys of new foreign direct
investment in the United States. BEA
suspended collection of these surveys in
2009 in order to align its international
survey program with available
resources. BEA is also making other
minor revisions to its regulations to
eliminate outdated information.
mstockstill on DSK4VPTVN1PROD with RULES
SUMMARY:
VerDate Mar<15>2010
17:43 Jul 05, 2011
Jkt 223001
This final rule will be effective
August 5, 2011.
FOR FURTHER INFORMATION CONTACT:
David H. Galler, Chief, Direct
Investment Division (BE–50), Bureau of
Economic Analysis, U.S. Department of
Commerce, Washington, DC 20230;
e-mail David.Galler@bea.gov or phone
(202) 606–9835.
SUPPLEMENTARY INFORMATION: On April
7, 2011, BEA published a notice of
proposed rulemaking to align its
regulations for direct investment
surveys with current practices. No
comments on the proposed rule were
received. Thus the proposed rule is
adopted without change. This final rule
amends 15 CFR Part 806 by revising
§§ 806.14, 806.15, and 806.18 to remove
the reporting requirements for several
direct investment surveys. The surveys
are:
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
BE–14, Report by a U.S. Person Who
Assists or Intervenes in the
Acquisition of a U.S. Business
Enterprise by, or Who Enters into a
Joint Venture With, a Foreign Person
BE–21, Survey of Foreign Direct
Investment in U.S. Business
Enterprises Engaged in the Processing,
Packaging, or Wholesale Distribution
of Fish or Seafoods
BE–133B, Follow-up Schedule of
Expenditures for Property, Plant, and
Equipment of U.S. Direct Investment
Abroad
BE–133C, Schedule of Expenditures for
Property, Plant, and Equipment of
U.S. Direct Investment Abroad
BE–507, Industry Classification
Questionnaire
BE–607, Industry Classification
Questionnaire
BEA is removing the reporting
requirements for the BE–13 and the BE–
14 surveys which were suspended in
2009 in order to align its international
survey program with available
resources. The surveys had been used to
collect identification information on the
U.S. business being established or
acquired and on the new foreign owner,
information on the cost of the
investment and source of funding, and
limited financial and operating data for
the newly established or acquired
entity. The data had been used to
measure the amount of new foreign
direct investment in the United States
and assess its impact on the U.S.
economy. BEA continues to identify
newly acquired or established U.S.
DATES:
PO 00000
Frm 00016
Fmt 4700
Sfmt 4700
affiliates of foreign investors and bring
them into its international survey
program through the BE–12, BE–15, and
BE–605 surveys, which are the
benchmark, annual, and quarterly
surveys of foreign direct investment in
the United States, respectively, but they
are not separately identified in BEA’s
published statistics.
BEA is eliminating the regulations for
the BE–21, BE–133B, BE–133C, BE–507,
and BE–607 surveys since they have not
been conducted in many years and are
no longer necessary because the
information is collected on other
surveys of direct investment conducted
by BEA.
In addition, BEA is making other
minor revisions to its regulations to
eliminate outdated information. These
revisions eliminate references to
outdated information regarding BE–10
survey forms and inactive OMB control
numbers.
Executive Order 12866
This final rule has been determined to
be not significant for purposes of E.O.
12866.
Executive Order 13132
This final rule does not contain
policies with Federalism implications as
that term is defined in E.O. 13132.
Paperwork Reduction Act
The Office of Management and Budget
(OMB) approvals under the Paperwork
Reduction Act for the seven surveys that
BEA is eliminating have expired. The
information collection approval for the
BE–13 and BE–14 (under OMB control
number 0608–0035) expired on August
31, 2009; the BE–21 approval (OMB
control number 0608–0050) expired
September 30, 1983; the BE–133B and
BE–133C (OMB control number 0608–
0024) expired December 31, 1994; the
BE–507 approval (OMB control number
0608–0032) expired April 30, 1997; and
the BE–607 approval (OMB control
number 0608–0030) expired on May 31,
1991.
Regulatory Flexibility Act
The Chief Counsel for Regulation,
Department of Commerce, has certified
to the Chief Counsel for Advocacy,
Small Business Administration, under
the provisions of the Regulatory
Flexibility Act (5 U.S.C. 605(b)), that
this final rule will not have a significant
economic impact on a substantial
number of small entities. The factual
basis for the certification was published
in the proposed rule and is not repeated
here. No comments were received
regarding the certification or the
economic impact of the rule more
E:\FR\FM\06JYR1.SGM
06JYR1
Federal Register / Vol. 76, No. 129 / Wednesday, July 6, 2011 / Rules and Regulations
generally. No final regulatory flexibility
analysis was prepared.
List of Subjects in 15 CFR Part 806
Economic statistics, Foreign
investment in the United States,
International transactions, Penalties,
Reporting and recordkeeping
requirements.
[FR Doc. 2011–16065 Filed 7–5–11; 8:45 am]
List of Subjects in 18 CFR Part 1301
BILLING CODE 3510–06–P
Freedom of information, Government
in the sunshine, Privacy.
TENNESSEE VALLEY AUTHORITY
18 CFR Part 1301
Tennessee Valley Authority
Procedures
Dated: June 7, 2011.
J. Steven Landefeld,
Director, Bureau of Economic Analysis.
AGENCY:
For reasons set forth in the preamble,
BEA amends 15 CFR part 806 as
follows:
Tennessee Valley Authority
(TVA).
ACTION:
1. The authority citation for 15 CFR
part 806 continues to read as follows:
■
Authority: 5 U.S.C. 301; 22 U.S.C. 3101–
3108; E.O. 11961 (3 CFR, 1977 Comp., p. 86),
as amended by E.O. 12318 (3 CFR, 1981
Comp., p. 173), and E.O. 12518 (3 CFR, 1985
Comp., p. 348).
2. In § 806.14, paragraph (d)(3) is
removed and paragraphs (f)(1), (f)(2),
(g)(1) are removed and reserved.
Paragraph (g)(2) is revised to read as
follows:
Final rule.
The Tennessee Valley
Authority is amending its regulations
which currently contain TVA’s
procedures for the Freedom of
Information Act (FOIA), the Privacy Act,
and the Government in the Sunshine
Act. TVA is adding procedures related
to classified national security
information.
DATES:
Effective Date: July 6, 2011.
■
FOR FURTHER INFORMATION CONTACT:
§ 806.14
Mark R. Winter, Senior Information
Security Specialist, 1101 Market Street
(MP 3C), Tennessee Valley Authority,
Chattanooga, Tennessee 37402, (423)
751–6004. E-mail: mrwinter@tva.gov.
U.S. direct investment abroad.
This rule
was not published in proposed form
since it relates to agency procedure and
practice. TVA considers this rule to be
a procedural rule which is exempt from
notice and comment under 5 U.S.C.
533(b)(3)(A). This rule is not a
significant rule for purposes of
Executive Order 12866 and has not been
reviewed by the Office of Management
and Budget. As required by the
Regulatory Flexibility Act, TVA certifies
that these regulatory amendments will
not have a significant impact on small
§ 806.15 [Amended]
business entities. This rule does not
impose any new reporting or record■ 3. In § 806.15, paragraph (j)(1) is
keeping requirements subject to the
removed and reserved and paragraphs
Paperwork Reduction Act, 44 U.S.C.
(j)(3), (j)(4), and (j)(5) are removed.
Chapter 35, as amended.
■ 4. Section 806.18(b) is revised to read
On December 29, 2009, Executive
as follows:
Order 13526, Classified National
§ 806.18 OMB control numbers assigned
Security Information, was published in
to the Paperwork Reduction Act.
the Federal Register. This order
*
*
*
*
*
prescribes a uniform system for
(b) Display.
classifying, safeguarding, and
declassifying national security
Current
information. On June 28, 2010, the
15 CFR section where identiOMB control
fied and described
Information Security Oversight Office
No.
(ISOO) published its directive, 32 CFR
806.1 through 806.17 ...............
0608–0004 Part 2001, Classified National Security
0009 Information, for implementing the
0034 Executive Order at 75 Federal Register
0042 37254.
0049
Since this rule is non-substantive, it is
0053
being made effective July 6, 2011.
*
*
*
*
(g) * * *
(2) BE–10–Benchmark Survey of U.S.
Direct Investment Abroad: Section 4(b)
of the Act (22 U.S.C. 3103) provides that
a comprehensive benchmark survey of
U.S. direct investment abroad will be
conducted in 1982, 1989, and every fifth
year thereafter. Exemption levels,
specific requirements for, and the year
of coverage of, a given BE–10 survey
may be found in § 806.16.
*
*
*
*
*
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*
VerDate Mar<15>2010
17:43 Jul 05, 2011
Jkt 223001
SUPPLEMENTARY INFORMATION:
PO 00000
Frm 00017
Fmt 4700
Sfmt 4700
For the reasons stated in the
preamble, TVA amends 18 CFR part
1301 by adding Subpart E, Protection of
National Security Classified
Information, as follows:
PART 1301—PROCEDURES
SUMMARY:
PART 806—DIRECT INVESTMENT
SURVEYS
39261
Subpart E—Protection of National Security
Classified Information
Sec.
1301.61 Purpose and scope.
1301.62 Definitions.
1301.63 Senior agency official.
1301.64 Original classification authority.
1301.65 Derivative classification.
1301.66 General declassification and
downgrading policy.
1301.67 Mandatory review for
declassification.
1301.68 Identification and marking.
1301.69 Safeguarding classified
information.
Subpart E—Protection of National
Security Classified Information
§ 1301.61
Purpose and scope.
(a) Purpose. These regulations, taken
together with the Information Security
Oversight Office’s implementing
directive at 32 CFR Part 2001, Classified
National Security Information, provide
the basis for TVA’s security
classification program implementing
Executive Order 13526, ‘‘Classified
National Security Information,’’ as
amended (‘‘the Executive Order’’).
(b) Scope. These regulations apply to
TVA employees, contractors, and
individuals who serve in advisory,
consultant, or non-employee affiliate
capacities who have been granted access
to classified information.
§ 1301.62
Definitions.
The following definitions apply to
this part:
(a) ‘‘Original classification’’ is the
initial determination that certain
information requires protection against
unauthorized disclosure in the interest
of national security (i.e., national
defense or foreign relations of the
United States), together with a
designation of the level of classification.
(b) ‘‘Classified national security
information’’ or ‘‘classified information’’
means information that has been
determined pursuant to Executive Order
13526 or any predecessor order to
require protection against unauthorized
disclosure and is marked to indicate its
classified status when in documentary
form.
E:\FR\FM\06JYR1.SGM
06JYR1
]]>Agencies
[Federal Register Volume 76, Number 129 (Wednesday, July 6, 2011)]
[Rules and Regulations]
[Pages 39260-39261]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2011-16065]
=======================================================================
-----------------------------------------------------------------------
DEPARTMENT OF COMMERCE
Bureau of Economic Analysis
15 CFR Part 806
[Docket No. 110321207-1206-01]
RIN 0691-AA78
Direct Investment Surveys: Alignment of Regulations With Current
Practices
AGENCY: Bureau of Economic Analysis, Commerce.
ACTION: Final rule.
-----------------------------------------------------------------------
SUMMARY: This final rule amends regulations of the Bureau of Economic
Analysis (BEA) related to direct investment surveys. Specifically, BEA
is eliminating reporting requirements for several direct investment
surveys that are no longer necessary because the information is
collected on other surveys of direct investment conducted by BEA. The
surveys that are eliminated from the regulations are: A survey of
foreign direct investment in the U.S. seafood industry, two schedules
of expenditures for property, plant, and equipment of U.S. direct
investment abroad, and two industry classification questionnaires. In
addition, BEA is eliminating the reporting requirements for two surveys
of new foreign direct investment in the United States. BEA suspended
collection of these surveys in 2009 in order to align its international
survey program with available resources. BEA is also making other minor
revisions to its regulations to eliminate outdated information.
DATES: This final rule will be effective August 5, 2011.
FOR FURTHER INFORMATION CONTACT: David H. Galler, Chief, Direct
Investment Division (BE-50), Bureau of Economic Analysis, U.S.
Department of Commerce, Washington, DC 20230; e-mail
David.Galler@bea.gov or phone (202) 606-9835.
SUPPLEMENTARY INFORMATION: On April 7, 2011, BEA published a notice of
proposed rulemaking to align its regulations for direct investment
surveys with current practices. No comments on the proposed rule were
received. Thus the proposed rule is adopted without change. This final
rule amends 15 CFR Part 806 by revising Sec. Sec. 806.14, 806.15, and
806.18 to remove the reporting requirements for several direct
investment surveys. The surveys are:
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
BE-14, Report by a U.S. Person Who Assists or Intervenes in the
Acquisition of a U.S. Business Enterprise by, or Who Enters into a
Joint Venture With, a Foreign Person
BE-21, Survey of Foreign Direct Investment in U.S. Business Enterprises
Engaged in the Processing, Packaging, or Wholesale Distribution of Fish
or Seafoods
BE-133B, Follow-up Schedule of Expenditures for Property, Plant, and
Equipment of U.S. Direct Investment Abroad
BE-133C, Schedule of Expenditures for Property, Plant, and Equipment of
U.S. Direct Investment Abroad
BE-507, Industry Classification Questionnaire
BE-607, Industry Classification Questionnaire
BEA is removing the reporting requirements for the BE-13 and the
BE-14 surveys which were suspended in 2009 in order to align its
international survey program with available resources. The surveys had
been used to collect identification information on the U.S. business
being established or acquired and on the new foreign owner, information
on the cost of the investment and source of funding, and limited
financial and operating data for the newly established or acquired
entity. The data had been used to measure the amount of new foreign
direct investment in the United States and assess its impact on the
U.S. economy. BEA continues to identify newly acquired or established
U.S. affiliates of foreign investors and bring them into its
international survey program through the BE-12, BE-15, and BE-605
surveys, which are the benchmark, annual, and quarterly surveys of
foreign direct investment in the United States, respectively, but they
are not separately identified in BEA's published statistics.
BEA is eliminating the regulations for the BE-21, BE-133B, BE-133C,
BE-507, and BE-607 surveys since they have not been conducted in many
years and are no longer necessary because the information is collected
on other surveys of direct investment conducted by BEA.
In addition, BEA is making other minor revisions to its regulations
to eliminate outdated information. These revisions eliminate references
to outdated information regarding BE-10 survey forms and inactive OMB
control numbers.
Executive Order 12866
This final rule has been determined to be not significant for
purposes of E.O. 12866.
Executive Order 13132
This final rule does not contain policies with Federalism
implications as that term is defined in E.O. 13132.
Paperwork Reduction Act
The Office of Management and Budget (OMB) approvals under the
Paperwork Reduction Act for the seven surveys that BEA is eliminating
have expired. The information collection approval for the BE-13 and BE-
14 (under OMB control number 0608-0035) expired on August 31, 2009; the
BE-21 approval (OMB control number 0608-0050) expired September 30,
1983; the BE-133B and BE-133C (OMB control number 0608-0024) expired
December 31, 1994; the BE-507 approval (OMB control number 0608-0032)
expired April 30, 1997; and the BE-607 approval (OMB control number
0608-0030) expired on May 31, 1991.
Regulatory Flexibility Act
The Chief Counsel for Regulation, Department of Commerce, has
certified to the Chief Counsel for Advocacy, Small Business
Administration, under the provisions of the Regulatory Flexibility Act
(5 U.S.C. 605(b)), that this final rule will not have a significant
economic impact on a substantial number of small entities. The factual
basis for the certification was published in the proposed rule and is
not repeated here. No comments were received regarding the
certification or the economic impact of the rule more
[[Page 39261]]
generally. No final regulatory flexibility analysis was prepared.
List of Subjects in 15 CFR Part 806
Economic statistics, Foreign investment in the United States,
International transactions, Penalties, Reporting and recordkeeping
requirements.
Dated: June 7, 2011.
J. Steven Landefeld,
Director, Bureau of Economic Analysis.
For reasons set forth in the preamble, BEA amends 15 CFR part 806
as follows:
PART 806--DIRECT INVESTMENT SURVEYS
0
1. The authority citation for 15 CFR part 806 continues to read as
follows:
Authority: 5 U.S.C. 301; 22 U.S.C. 3101-3108; E.O. 11961 (3
CFR, 1977 Comp., p. 86), as amended by E.O. 12318 (3 CFR, 1981
Comp., p. 173), and E.O. 12518 (3 CFR, 1985 Comp., p. 348).
0
2. In Sec. 806.14, paragraph (d)(3) is removed and paragraphs (f)(1),
(f)(2), (g)(1) are removed and reserved. Paragraph (g)(2) is revised to
read as follows:
Sec. 806.14 U.S. direct investment abroad.
* * * * *
(g) * * *
(2) BE-10-Benchmark Survey of U.S. Direct Investment Abroad:
Section 4(b) of the Act (22 U.S.C. 3103) provides that a comprehensive
benchmark survey of U.S. direct investment abroad will be conducted in
1982, 1989, and every fifth year thereafter. Exemption levels, specific
requirements for, and the year of coverage of, a given BE-10 survey may
be found in Sec. 806.16.
* * * * *
Sec. 806.15 [Amended]
0
3. In Sec. 806.15, paragraph (j)(1) is removed and reserved and
paragraphs (j)(3), (j)(4), and (j)(5) are removed.
0
4. Section 806.18(b) is revised to read as follows:
Sec. 806.18 OMB control numbers assigned to the Paperwork Reduction
Act.
* * * * *
(b) Display.
------------------------------------------------------------------------
Current OMB
15 CFR section where identified and described control No.
------------------------------------------------------------------------
806.1 through 806.17....................................... 0608-0004
0009
0034
0042
0049
0053
------------------------------------------------------------------------
[FR Doc. 2011-16065 Filed 7-5-11; 8:45 am]
BILLING CODE 3510-06-P
