Submission for OMB Review; Comment Request, 48414-48415 [2018-20783]

Download as PDF 48414 Federal Register / Vol. 83, No. 186 / Tuesday, September 25, 2018 / Notices current reporting thresholds unchanged is intended to minimize respondent burden while considering the needs of data users. Existing language in the instructions and definitions will be reviewed and adjusted as necessary to clarify survey requirements. Affected Public: Businesses or other for-profit organizations. Frequency: Quarterly. Respondent’s Obligation: Mandatory. OMB Desk Officer: Robert Sivinski, (202) 395–1205. This information collection request may be viewed at reginfo.gov https:// www.reginfo.gov/public/. Follow the instructions to view Department of Commerce collections currently under review by OMB. Written comments and recommendations for the proposed information collection should be sent within 30 days of publication of this notice to OIRA_Submission@ omb.eop.gov. Sheleen Dumas, Department Lead PRA Officer, Office of the Chief Information Officer. [FR Doc. 2018–20785 Filed 9–24–18; 8:45 am] BILLING CODE 3510–06–P DEPARTMENT OF COMMERCE daltland on DSKBBV9HB2PROD with NOTICES Submission for OMB Review; Comment Request The Department of Commerce will submit 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), Department of Commerce. Title: Quarterly Survey of Ocean Freight Revenues and Foreign Expenses of U.S. Carriers (BE–30) and the Quarterly Survey of U.S. Airline Operators’ Foreign Revenues and Expenses (BE–37). OMB Control Number: 0608–0011. Form Number: BE–30 and BE–37. Type of Request: Regular submission. Number of Responses: BE–30 responses: 280 annually (70 filed each quarter; 62 reporting mandatory data, and 8 that would file exemption claims). BE–37 responses: 120 annually (30 filed each quarter; 29 reporting mandatory data, and one that would file an exemption claim). Average Hours per Response: 4 hours is the average for those reporting data and one hour is the average for those filing an exemption, but hours may vary considerably among respondents because of differences in company size and complexity. VerDate Sep<11>2014 17:40 Sep 24, 2018 Jkt 244001 Estimated Total Annual Burden Hours: 1,492 (BE–30 burden hours of 1,024 and BE–37 burden hours of 468). Needs and Uses: The Quarterly Survey of Ocean Freight Revenues and Foreign Expenses of U.S. Carriers (BE– 30) is a survey that collects data from U.S. ocean freight carriers (owners and operators) whose total covered revenues or total covered expenses incurred outside the United States were $500,000 or more in the previous year or are expected to be $500,000 or more during the current year. The covered revenues are: (1) Revenue on cargo outbound from U.S. ports and the associated shipping weight; (2) revenue on cargo inbound into the United States and the associated shipping weight; (3) revenue on cross-trade cargoes; and (4) charter hire (with crew) and space leasing revenues from foreign residents. The covered expenses are: (1) Fuel expenses in foreign countries; (2) expenses in foreign countries (other than fuel expenses); and (3) charter hire (with crew) and space leasing payments to foreign residents. The Quarterly Survey of U.S. Airline Operators’ Foreign Revenues and Expenses (BE–37) is a survey that collects data from U.S. airline operators engaged in the international transportation of goods and/or passengers and whose total covered revenues or total covered expenses incurred outside the United States were $500,000 or more in the previous year or are expected to be $500,000 or more during the current year. The covered revenues are: (1) Revenue derived from carriage of export freight and express from the United States to points outside the United States; (2) revenue derived from carriage of freight and express originating from, and destined to, points outside the United States; (3) revenue derived from transporting passengers originating from, and destined to, points outside the United States; (4) revenue from transporting passengers to and from the United States and the associated number of passengers; and (5) interline settlement receipts from foreign airline operators. The covered expenses are: (1) Expenses incurred outside the United States for fuel and oil, station and maintenance bases, wages, and other goods and services purchased abroad (except aircraft leasing expenses); (2) aircraft (with crew) leasing expenses; and (3) interline settlement payments to foreign airline operators. The data collected on the surveys are needed to monitor U.S. trade in transport services, to analyze the impact of these cross-border services on the U.S. and foreign economies, to compile PO 00000 Frm 00006 Fmt 4703 Sfmt 4703 and improve the U.S. economic accounts, to support U.S. commercial policy on trade in transport services, to conduct trade promotion, and to improve the ability of U.S. businesses to identify and evaluate market opportunities. The data are used in estimating the transport component of the U.S. international transactions accounts (ITAs) and national income and product accounts (NIPAs). The Bureau of Economic Analysis (BEA) is not making any modifications to the current BE–30 and BE–37 surveys. The effort to keep current reporting requirements unchanged is intended to minimize respondent burden while considering the needs of data users. Existing language in the instructions and definitions will be reviewed and adjusted as necessary to clarify survey requirements. Affected Public: Businesses or other for-profit organizations. Frequency: Quarterly. Respondent’s Obligation: Mandatory. OMB Desk Officer: Robert Sivinski, (202) 395–1205. This information collection request may be viewed at reginfo.gov https:// www.reginfo.gov/public/. Follow the instructions to view Department of Commerce collections currently under review by OMB. Written comments and recommendations for the proposed information collection should be sent within 30 days of publication of this notice to OIRA_Submission@ omb.eop.gov. Sheleen Dumas, Departmental Lead PRA Officer, Office of the Chief Information Officer. [FR Doc. 2018–20788 Filed 9–24–18; 8:45 am] BILLING CODE 3510–06–P DEPARTMENT OF COMMERCE Bureau of Economic Analysis Submission for OMB Review; Comment Request The Department of Commerce will submit 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), Department of Commerce. Title: Quarterly Survey of Insurance Transactions by U.S. Insurance Companies with Foreign Persons. OMB Control Number: 0608–0066. Form Number: BE–45. Type of Request: Regular submission. E:\FR\FM\25SEN1.SGM 25SEN1 daltland on DSKBBV9HB2PROD with NOTICES Federal Register / Vol. 83, No. 186 / Tuesday, September 25, 2018 / Notices Number of Responses: 2,200 annually (550 filed each quarter; 515 reporting mandatory or voluntary data, and 35 that would not report data). Average Hours per Response: 9 hours is the average for those reporting data and one hour is the average for those filing an exemption, but hours may vary considerably among respondents because of differences in company size and complexity. Estimated Total Annual Burden Hours: 18,680. Needs and Uses: The Quarterly Survey of Insurance Transactions by U.S. Insurance Companies with Foreign Persons (BE–45) is one of BEA’s primary data sources for its estimates of insurance services exports and imports. A U.S. insurance company must report if it had transactions with foreign persons, in any of the data items covered by the survey, that exceeded $8 million (positive or negative) in the prior calendar year, or are expected to exceed that amount during the current calendar year. The data are needed to monitor U.S. trade in insurance services, to analyze the impact of these cross-border services on the U.S. and foreign economies, to compile and improve the U.S. economic accounts, to support U.S. commercial policy on trade in services, to conduct trade promotion, and to improve the ability of U.S. businesses to identify and evaluate market opportunities. The data are used in estimating the insurance services component of the U.S. international transactions accounts (ITAs) and national income and product accounts (NIPAs). The Bureau of Economic Analysis (BEA) is implementing one change to the data collected on the BE–45 survey, beginning with reporting for first quarter 2019, which will allow BEA to improve the accuracy of our quarterly statistics on insurance services exports and imports. Schedule B of the BE–45 survey, which currently collects annual data on primary insurance premiums and losses, reinsurance losses, and auxiliary insurance services receipts and payments, on a mandatory basis in the fourth quarter of the year, will now be collected on a mandatory basis every quarter. BEA estimates the proposed changes, being implemented beginning with reporting for first quarter 2019, will increase the average number of hours per response from 8 hours to 9 hours for those reporting data. The reporting thresholds of the current BE–45 survey will be retained. The effort to keep current reporting thresholds unchanged is intended to minimize respondent VerDate Sep<11>2014 17:40 Sep 24, 2018 Jkt 244001 burden while considering the needs of data users. Existing language in the instructions and definitions will be reviewed and adjusted as necessary to clarify survey requirements. Affected Public: Businesses or other for-profit organizations. Frequency: Quarterly. Respondent’s Obligation: Mandatory. OMB Desk Officer: Robert Sivinski, (202) 395–1205. This information collection request may be viewed at https:// www.reginfo.gov/public/. Follow the instructions to view Department of Commerce collections currently under review by OMB. Written comments and recommendations for the proposed information collection should be sent within 30 days of publication of this notice to OIRA_Submission@ omb.eop.gov. Sheleen Dumas, Departmental Lead PRA Officer, Office of Chief Information Officer. [FR Doc. 2018–20783 Filed 9–24–18; 8:45 am] BILLING CODE 3510–06–P DEPARTMENT OF COMMERCE Bureau of Economic Analysis Submission for OMB Review; Comment Request The Department of Commerce will submit 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), Department of Commerce. Title: Quarterly Survey of Financial Services Transactions between U.S. Financial Services Providers and Foreign Persons. OMB Control Number: 0608–0065. Form Number: BE–185. Type of Request: Regular submission. Number of Responses: 2,860 annually (715 filed each quarter; 580 reporting mandatory data, and 135 that would file other responses). Average Hours per Response: 10 hours is the average for those reporting data and one hour is the average for those filing an exemption or providing voluntary responses, but hours may vary considerably among respondents because of differences in company size and complexity. Estimated Total Annual Burden Hours: 23,740. Needs and Uses: The Quarterly Survey of Financial Services PO 00000 Frm 00007 Fmt 4703 Sfmt 9990 48415 Transactions between U.S. Financial Services Providers and Foreign Persons (BE–185) is one of BEA’s primary data sources for its estimates of financial services exports and imports. A U.S. financial services provider must report if they had sales of covered services to foreign persons that exceeded $20 million for the previous fiscal year, or are expected to exceed that amount during the current fiscal year, or if it had purchases of covered services from foreign persons that exceeded $15 million for the previous fiscal year, or are expected to exceed that amount during the current fiscal year. The data are needed to monitor U.S. trade in financial services, to analyze the impact of these cross-border services on the U.S. and foreign economies, to compile and improve the U.S. economic accounts, to support U.S. commercial policy on trade in services, to conduct trade promotion, and to improve the ability of U.S. businesses to identify and evaluate market opportunities. The data are used in estimating the financial services component of the U.S. international transactions accounts (ITAs) and national income and product accounts (NIPAs). The Bureau of Economic Analysis (BEA) is not making any modifications to the current BE–185 survey. The effort to keep current reporting requirements unchanged is intended to minimize respondent burden while considering the needs of data users. Existing language in the instructions and definitions will be reviewed and adjusted as necessary to clarify survey requirements. Affected Public: Businesses or other for-profit organizations. Frequency: Quarterly. Respondent’s Obligation: Mandatory. OMB Desk Officer: Robert Sivinski, (202) 395–1205. This information collection request may be viewed at reginfo.gov https:// www.reginfo.gov/public/. Follow the instructions to view Department of Commerce collections currently under review by OMB. Written comments and recommendations for the proposed information collection should be sent within 30 days of publication of this notice to OIRA_Submission@ omb.eop.gov. Sheleen Dumas, Departmental Lead PRA Officer, Office of the Chief Information Officer. [FR Doc. 2018–20787 Filed 9–24–18; 8:45 am] BILLING CODE 3510–06–P E:\FR\FM\25SEN1.SGM 25SEN1

Agencies

[Federal Register Volume 83, Number 186 (Tuesday, September 25, 2018)]
[Notices]
[Pages 48414-48415]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2018-20783]


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

DEPARTMENT OF COMMERCE

Bureau of Economic Analysis


Submission for OMB Review; Comment Request

    The Department of Commerce will submit 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), Department of Commerce.
    Title: Quarterly Survey of Insurance Transactions by U.S. Insurance 
Companies with Foreign Persons.
    OMB Control Number: 0608-0066.
    Form Number: BE-45.
    Type of Request: Regular submission.

[[Page 48415]]

    Number of Responses: 2,200 annually (550 filed each quarter; 515 
reporting mandatory or voluntary data, and 35 that would not report 
data).
    Average Hours per Response: 9 hours is the average for those 
reporting data and one hour is the average for those filing an 
exemption, but hours may vary considerably among respondents because of 
differences in company size and complexity.
    Estimated Total Annual Burden Hours: 18,680.
    Needs and Uses: The Quarterly Survey of Insurance Transactions by 
U.S. Insurance Companies with Foreign Persons (BE-45) is one of BEA's 
primary data sources for its estimates of insurance services exports 
and imports. A U.S. insurance company must report if it had 
transactions with foreign persons, in any of the data items covered by 
the survey, that exceeded $8 million (positive or negative) in the 
prior calendar year, or are expected to exceed that amount during the 
current calendar year.
    The data are needed to monitor U.S. trade in insurance services, to 
analyze the impact of these cross-border services on the U.S. and 
foreign economies, to compile and improve the U.S. economic accounts, 
to support U.S. commercial policy on trade in services, to conduct 
trade promotion, and to improve the ability of U.S. businesses to 
identify and evaluate market opportunities. The data are used in 
estimating the insurance services component of the U.S. international 
transactions accounts (ITAs) and national income and product accounts 
(NIPAs).
    The Bureau of Economic Analysis (BEA) is implementing one change to 
the data collected on the BE-45 survey, beginning with reporting for 
first quarter 2019, which will allow BEA to improve the accuracy of our 
quarterly statistics on insurance services exports and imports.
    Schedule B of the BE-45 survey, which currently collects annual 
data on primary insurance premiums and losses, reinsurance losses, and 
auxiliary insurance services receipts and payments, on a mandatory 
basis in the fourth quarter of the year, will now be collected on a 
mandatory basis every quarter.
    BEA estimates the proposed changes, being implemented beginning 
with reporting for first quarter 2019, will increase the average number 
of hours per response from 8 hours to 9 hours for those reporting data. 
The reporting thresholds of the current BE-45 survey will be retained. 
The effort to keep current reporting thresholds unchanged is intended 
to minimize respondent burden while considering the needs of data 
users. Existing language in the instructions and definitions will be 
reviewed and adjusted as necessary to clarify survey requirements.
    Affected Public: Businesses or other for-profit organizations.
    Frequency: Quarterly.
    Respondent's Obligation: Mandatory.
    OMB Desk Officer: Robert Sivinski, (202) 395-1205.
    This information collection request may be viewed at https://www.reginfo.gov/public/. Follow the instructions to view Department of 
Commerce collections currently under review by OMB.
    Written comments and recommendations for the proposed information 
collection should be sent within 30 days of publication of this notice 
to [email protected].

Sheleen Dumas,
Departmental Lead PRA Officer, Office of Chief Information Officer.
[FR Doc. 2018-20783 Filed 9-24-18; 8:45 am]
 BILLING CODE 3510-06-P

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