Agency Information Collection Activities; Submission to the Office of Management and Budget (OMB) for Review and Approval; Comment Request; Direct Investment Surveys: BE-605, Quarterly Survey of Foreign Direct Investment in the United States-Transactions of U.S. Affiliate With Foreign Parent, 67508-67509 [2020-23535]

Download as PDF 67508 Notices Federal Register Vol. 85, No. 206 Friday, October 23, 2020 This section of the FEDERAL REGISTER contains documents other than rules or proposed rules that are applicable to the public. Notices of hearings and investigations, committee meetings, agency decisions and rulings, delegations of authority, filing of petitions and applications and agency statements of organization and functions are examples of documents appearing in this section. DEPARTMENT OF COMMERCE Bureau of Economic Analysis Agency Information Collection Activities; Submission to the Office of Management and Budget (OMB) for Review and Approval; Comment Request; Direct Investment Surveys: BE–605, Quarterly Survey of Foreign Direct Investment in the United States—Transactions of U.S. Affiliate With Foreign Parent Bureau of Economic Analysis, Commerce. ACTION: Notice of information collection, request for comment. AGENCY: The Department of Commerce, in accordance with the Paperwork Reduction Act of 1995 (PRA), invites the general public and other Federal agencies to comment on proposed, and continuing information collections, which helps us assess the impact of our information collection requirements and minimize the public’s reporting burden. The purpose of this notice is to allow for 60 days of public comment preceding submission of the collection to OMB. DATES: To ensure consideration, comments regarding this proposed information collection must be received on or before December 22, 2020. ADDRESSES: Interested persons are invited to submit written comments to Jessica Hanson, Chief, Direct Transactions and Positions Branch, Bureau of Economic Analysis, at Jessica.Hanson@bea.gov. Please reference OMB Control Number 0608– 0009 in the subject line of your comments. Do not submit Confidential Business Information or otherwise sensitive or protected information. FOR FURTHER INFORMATION CONTACT: Requests for additional information or specific questions related to collection activities should be directed to Jessica Hanson, Chief, Direct Transactions and khammond on DSKJM1Z7X2PROD with NOTICES SUMMARY: VerDate Sep<11>2014 18:09 Oct 22, 2020 Jkt 253001 Positions Branch, Direct Investment Division (BE–49), Bureau of Economic Analysis, U.S. Department of Commerce; phone: (301) 278–9591; or via email at Jessica.Hanson@bea.gov. SUPPLEMENTARY INFORMATION: I. Abstract The Quarterly Survey of Foreign Direct Investment in the United States— Transactions of U.S. Affiliate with Foreign Parent (Form BE–605) obtains quarterly data on transactions and positions between foreign-owned U.S. business enterprises and their ‘‘affiliated foreign groups’’ (i.e., their foreign parents and foreign affiliates of their foreign parents). The survey is a sample survey that covers all U.S. affiliates above a size-exemption level. The sample data are used to derive universe estimates of direct investment transactions, positions, and income in non-benchmark years from similar data reported in the BE–12, Benchmark Survey of Foreign Direct Investment in the United States, which is conducted every five years and will next be conducted for the fiscal year ending in 2022. The data collected through the BE–605 survey are essential for the preparation of the U.S. international transactions, national income and product, and input-output accounts and the net international investment position of the United States. The data are needed to measure the size and economic significance of foreign direct investment in the United States, measure changes in such investment, and assess its impact on the U.S. economy. The proposed changes to the BE–605 survey form are relatively minor and aim to clarify when changes in ownership are made. These changes should improve the efficiency of the survey data review process and reduce the need for follow-up contact with respondents. Additionally, the Bureau of Economic Analysis (BEA) proposes to remove a question that has not met its intended goal of assisting to identify potential respondents for the BE–13, Survey of New Foreign Direct Investment in the United States. BEA also plans to make improvements to question wording, instructions, and formatting to elicit more complete and correct responses. PO 00000 Frm 00001 Fmt 4703 Sfmt 4703 II. Method of Collection Notice of specific reporting requirements, including who is to report, the information to be reported, the manner of reporting, and the time and place of filing reports, will be mailed to potential respondents each quarter. Reports are due 30 days after the close of each calendar or fiscal quarter, or 45 days if the report is for the final quarter of the respondent’s financial reporting year. Reports are required from every U.S. business enterprise in which a foreign entity owns, directly and/or indirectly, 10 percent or more of the voting securities of the U.S. business enterprise if it is incorporated, or an equivalent interest if it is unincorporated, at any time during the quarter, and that meets the additional conditions detailed in Form BE–605. Certain private funds are exempt from reporting. Entities required to report will be contacted individually by BEA. Entities not contacted by BEA have no reporting responsibilities. Potential respondents include those U.S. business enterprises that were required to report on the BE–12, Benchmark Survey of Foreign Direct Investment in the United States—2017, along with those U.S. business enterprises that subsequently have become at least partly foreign owned. III. Data OMB Control Number: 0608–0009. Form Number: BE–605. Type of Review: Regular submission. Affected Public: Business or other forprofit organizations. Estimated Number of Responses: 17,800 annually. Estimated Time per Response: One hour is the average but may vary considerably among respondents because of differences in company size and complexity. Estimated Total Annual Burden Hours: 17,800. Estimated Total Annual Cost to Public: $0. Respondent’s Obligation: Mandatory. Legal Authority: International Investment and Trade in Services Survey Act (Pub. L. 94–472, 22 U.S.C. 3101–3108, as amended). IV. Request for Comments Comments are invited on: (a) Whether the proposed collection of information is necessary for the proper performance E:\FR\FM\23OCN1.SGM 23OCN1 Federal Register / Vol. 85, No. 206 / Friday, October 23, 2020 / Notices of the functions of the Agency, including whether the information will have practical utility; (b) the accuracy of the Agency’s estimate of the burden (including hours and cost) of the proposed collection of information; (c) ways to enhance the quality, utility, and clarity of the information to be collected; and (d) ways to minimize the burden of the collection of information on respondents, including through the use of automated collection techniques or other forms of information technology. Comments that you submit in response to this notice are a matter of public record. We will include or summarize each comment in our request to OMB to approve this ICR. Before including your address, phone number, email address, or other personal identifying information in your comment, you should be aware that your entire comment—including your personal identifying information—may be made publicly available at any time. While you may ask us in your comment to withhold your personal identifying information from public review, we cannot guarantee that we will be able to do so. Sheleen Dumas, Department PRA Clearance Officer, Office of the Chief Information Officer, Commerce Department. [FR Doc. 2020–23535 Filed 10–22–20; 8:45 am] BILLING CODE 3510–06–P DEPARTMENT OF COMMERCE Foreign-Trade Zones Board [B–41–2020] khammond on DSKJM1Z7X2PROD with NOTICES Foreign-Trade Zone (FTZ) 22— Chicago, Illinois; Authorization of Production Activity; Volflex, Inc. (Flexible Packaging) Mokena, Illinois On June 22, 2020, the Illinois International Port District, grantee of FTZ 22, submitted a notification of proposed production activity to the FTZ Board on behalf of Volflex, Inc., within FTZ 22, in Mokena, Illinois. The notification was processed in accordance with the regulations of the FTZ Board (15 CFR part 400), including notice in the Federal Register inviting public comment (85 FR 39163, June 30, 2020), and a correction notice (85 FR 40620, July 7, 2020). On October 20, 2020, the applicant was notified of the FTZ Board’s decision that no further review of the activity is warranted at this time. The production activity described in the notification was authorized, subject to the FTZ Act and VerDate Sep<11>2014 18:09 Oct 22, 2020 Jkt 253001 the FTZ Board’s regulations, including Section 400.14. Dated: October 20, 2020. Andrew McGilvray, Executive Secretary. [FR Doc. 2020–23531 Filed 10–22–20; 8:45 am] BILLING CODE 3510–DS–P DEPARTMENT OF COMMERCE Foreign-Trade Zones Board [S–140–2020] Approval of Subzone Expansion; Hyster-Yale Group, Inc. Berea, Kentucky On August 12, 2020, the Executive Secretary of the Foreign-Trade Zones (FTZ) Board docketed an application submitted by the Louisville & Jefferson County Riverport Authority, grantee of FTZ 29, requesting an expansion of Subzone 29I subject to the existing activation limit of FTZ 29, on behalf of Hyster-Yale Group, Inc., in Berea, Kentucky. The application was processed in accordance with the FTZ Act and Regulations, including notice in the Federal Register inviting public comment (85 FR 50801–50802, August 18, 2020). The FTZ staff examiner reviewed the application and determined that it meets the criteria for approval. Pursuant to the authority delegated to the FTZ Board Executive Secretary (15 CFR Sec. 400.36(f)), the application to expand Subzone 29I was approved on October 20, 2020, subject to the FTZ Act and the Board’s regulations, including Section 400.13, and further subject to FTZ 29’s 2,000acre activation limit. Dated: October 20, 2020. Andrew McGilvray, Executive Secretary. [FR Doc. 2020–23533 Filed 10–22–20; 8:45 am] BILLING CODE 3510–DS–P DEPARTMENT OF COMMERCE International Trade Administration [A–475–838] Certain Cold-Drawn Mechanical Tubing of Carbon and Alloy Steel From Italy: Preliminary Results of the Administrative Review of the Antidumping Duty Order; 2017–2019 Enforcement and Compliance, International Trade Administration, U.S. Department of Commerce. SUMMARY: The Department of Commerce (Commerce) preliminarily determines AGENCY: PO 00000 Frm 00002 Fmt 4703 Sfmt 4703 67509 that sales of certain cold-drawn mechanical tubing of carbon and alloy steel (cold-drawn mechanical tubing) from Italy were made at less than normal value during the period of review (POR) November 22, 2017 through May 31, 2019. We invite interested parties to comment on these preliminary results. DATES: Applicable October 23, 2020. FOR FURTHER INFORMATION CONTACT: Robert Scully, AD/CVD Operations, Office V, Enforcement and Compliance, International Trade Administration, U.S. Department of Commerce, 1401 Constitution Avenue NW, Washington, DC 20230; telephone: (202) 482–0572. SUPPLEMENTARY INFORMATION: Background On June 11, 2018, Commerce published the antidumping duty order on CDMT from Italy.1 On July 29, 2019, in accordance with 19 CFR 351.221(c)(i), Commerce initiated an administrative review of the antidumping duty order on cold-drawn mechanical tubing from Italy in accordance with section 751(a) of the Tariff Act of 1930, as amended (the Act).2 On November 4, 2019, Commerce partially rescinded its review of six companies.3 As a result, this review covers one producer/exporter of subject merchandise, Dalmine S.p.A. (Dalmine).4 For details regarding the events that occurred subsequent to the initiation of the review, see the Preliminary Decision Memorandum.5 Pursuant to section 751(a)(3)(A) of the Act, Commerce determined that it was not practicable to complete the 1 See Certain Cold-Drawn Mechanical Tubing of Carbon and Alloy Steel from the People’s Republic of China, the Federal Republic of Germany, India, Italy, the Republic of Korea, and Switzerland: Antidumping Duty Orders; and Amended Final Determinations of Sales at Less Than Fair Value for the People’s Republic of China and Switzerland, 83 FR 26962 (June 11, 2018) (Order). 2 See Initiation of Antidumping and Countervailing Duty Administrative Reviews, 84 FR 36572 (July 29, 2019). 3 See Certain Cold Drawn Mechanical Tubing of Carbon and Alloy Steel from Italy: Partial Rescission of Antidumping Duty Administrative Review; 2017–2019, 84 FR 59357 (November 4, 2019). 4 See Memorandum, ‘‘Administrative Review of Certain Cold-Drawn Mechanical Tubing of Carbon and Alloy Steel: Respondent Selection,’’ dated September 10, 2019; see also Certain Cold Drawn Mechanical Tubing of Carbon and Alloy Steel from Italy: Partial Rescission of Antidumping Duty Administrative Review; 2017—2019, 84 FR 59357 (November 4, 2019). 5 See Memorandum, ‘‘Decision Memorandum for the Preliminary Results of the Administrative Review of the Antidumping Duty Order: Certain Cold-Drawn Mechanical Tubing of Carbon and Alloy Steel from Italy; 2017–2019,’’ dated concurrently with, and hereby adopted by, this notice (Preliminary Decision Memorandum). E:\FR\FM\23OCN1.SGM 23OCN1

Agencies

[Federal Register Volume 85, Number 206 (Friday, October 23, 2020)]
[Notices]
[Pages 67508-67509]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-23535]


========================================================================
Notices
                                                Federal Register
________________________________________________________________________

This section of the FEDERAL REGISTER contains documents other than rules 
or proposed rules that are applicable to the public. Notices of hearings 
and investigations, committee meetings, agency decisions and rulings, 
delegations of authority, filing of petitions and applications and agency 
statements of organization and functions are examples of documents 
appearing in this section.

========================================================================


Federal Register / Vol. 85, No. 206 / Friday, October 23, 2020 / 
Notices

[[Page 67508]]



DEPARTMENT OF COMMERCE

Bureau of Economic Analysis


Agency Information Collection Activities; Submission to the 
Office of Management and Budget (OMB) for Review and Approval; Comment 
Request; Direct Investment Surveys: BE-605, Quarterly Survey of Foreign 
Direct Investment in the United States--Transactions of U.S. Affiliate 
With Foreign Parent

AGENCY: Bureau of Economic Analysis, Commerce.

ACTION: Notice of information collection, request for comment.

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

SUMMARY: The Department of Commerce, in accordance with the Paperwork 
Reduction Act of 1995 (PRA), invites the general public and other 
Federal agencies to comment on proposed, and continuing information 
collections, which helps us assess the impact of our information 
collection requirements and minimize the public's reporting burden. The 
purpose of this notice is to allow for 60 days of public comment 
preceding submission of the collection to OMB.

DATES: To ensure consideration, comments regarding this proposed 
information collection must be received on or before December 22, 2020.

ADDRESSES: Interested persons are invited to submit written comments to 
Jessica Hanson, Chief, Direct Transactions and Positions Branch, Bureau 
of Economic Analysis, at [email protected]. Please reference OMB 
Control Number 0608-0009 in the subject line of your comments. Do not 
submit Confidential Business Information or otherwise sensitive or 
protected information.

FOR FURTHER INFORMATION CONTACT: Requests for additional information or 
specific questions related to collection activities should be directed 
to Jessica Hanson, Chief, Direct Transactions and Positions Branch, 
Direct Investment Division (BE-49), Bureau of Economic Analysis, U.S. 
Department of Commerce; phone: (301) 278-9591; or via email at 
[email protected].

SUPPLEMENTARY INFORMATION:

I. Abstract

    The Quarterly Survey of Foreign Direct Investment in the United 
States--Transactions of U.S. Affiliate with Foreign Parent (Form BE-
605) obtains quarterly data on transactions and positions between 
foreign-owned U.S. business enterprises and their ``affiliated foreign 
groups'' (i.e., their foreign parents and foreign affiliates of their 
foreign parents). The survey is a sample survey that covers all U.S. 
affiliates above a size-exemption level. The sample data are used to 
derive universe estimates of direct investment transactions, positions, 
and income in non-benchmark years from similar data reported in the BE-
12, Benchmark Survey of Foreign Direct Investment in the United States, 
which is conducted every five years and will next be conducted for the 
fiscal year ending in 2022. The data collected through the BE-605 
survey are essential for the preparation of the U.S. international 
transactions, national income and product, and input-output accounts 
and the net international investment position of the United States. The 
data are needed to measure the size and economic significance of 
foreign direct investment in the United States, measure changes in such 
investment, and assess its impact on the U.S. economy.
    The proposed changes to the BE-605 survey form are relatively minor 
and aim to clarify when changes in ownership are made. These changes 
should improve the efficiency of the survey data review process and 
reduce the need for follow-up contact with respondents. Additionally, 
the Bureau of Economic Analysis (BEA) proposes to remove a question 
that has not met its intended goal of assisting to identify potential 
respondents for the BE-13, Survey of New Foreign Direct Investment in 
the United States. BEA also plans to make improvements to question 
wording, instructions, and formatting to elicit more complete and 
correct responses.

II. Method of Collection

    Notice of specific reporting requirements, including who is to 
report, the information to be reported, the manner of reporting, and 
the time and place of filing reports, will be mailed to potential 
respondents each quarter. Reports are due 30 days after the close of 
each calendar or fiscal quarter, or 45 days if the report is for the 
final quarter of the respondent's financial reporting year. Reports are 
required from every U.S. business enterprise in which a foreign entity 
owns, directly and/or indirectly, 10 percent or more of the voting 
securities of the U.S. business enterprise if it is incorporated, or an 
equivalent interest if it is unincorporated, at any time during the 
quarter, and that meets the additional conditions detailed in Form BE-
605. Certain private funds are exempt from reporting. Entities required 
to report will be contacted individually by BEA. Entities not contacted 
by BEA have no reporting responsibilities.
    Potential respondents include those U.S. business enterprises that 
were required to report on the BE-12, Benchmark Survey of Foreign 
Direct Investment in the United States--2017, along with those U.S. 
business enterprises that subsequently have become at least partly 
foreign owned.

III. Data

    OMB Control Number: 0608-0009.
    Form Number: BE-605.
    Type of Review: Regular submission.
    Affected Public: Business or other for-profit organizations.
    Estimated Number of Responses: 17,800 annually.
    Estimated Time per Response: One hour is the average but may vary 
considerably among respondents because of differences in company size 
and complexity.
    Estimated Total Annual Burden Hours: 17,800.
    Estimated Total Annual Cost to Public: $0.
    Respondent's Obligation: Mandatory.
    Legal Authority: International Investment and Trade in Services 
Survey Act (Pub. L. 94-472, 22 U.S.C. 3101-3108, as amended).

IV. Request for Comments

    Comments are invited on: (a) Whether the proposed collection of 
information is necessary for the proper performance

[[Page 67509]]

of the functions of the Agency, including whether the information will 
have practical utility; (b) the accuracy of the Agency's estimate of 
the burden (including hours and cost) of the proposed collection of 
information; (c) ways to enhance the quality, utility, and clarity of 
the information to be collected; and (d) ways to minimize the burden of 
the collection of information on respondents, including through the use 
of automated collection techniques or other forms of information 
technology.
    Comments that you submit in response to this notice are a matter of 
public record. We will include or summarize each comment in our request 
to OMB to approve this ICR. Before including your address, phone 
number, email address, or other personal identifying information in 
your comment, you should be aware that your entire comment--including 
your personal identifying information--may be made publicly available 
at any time. While you may ask us in your comment to withhold your 
personal identifying information from public review, we cannot 
guarantee that we will be able to do so.

Sheleen Dumas,
Department PRA Clearance Officer, Office of the Chief Information 
Officer, Commerce Department.
[FR Doc. 2020-23535 Filed 10-22-20; 8:45 am]
BILLING CODE 3510-06-P