Agency Information Collection Activities; Submission to the Office of Management and Budget (OMB) for Review and Approval; Comment Request; Direct Investment Surveys: BE-15, Annual Survey of Foreign Direct Investment in the United States, 48390-48391 [2021-18629]

Download as PDF 48390 Federal Register / Vol. 86, No. 165 / Monday, August 30, 2021 / Notices 8246. Records and documents discussed during the meetings will be available for public viewing as they become available at www.facadatabase.gov. Persons interested in the work of this advisory committee are advised to go to the Commission’s website, www.usccr.gov, or to contact the Regional Programs Unit at the above phone number or email address. Agenda Thursday, September 16, 2021, at 12:00 p.m. (ET) I. Roll Call II. Report Review: Digital Equity III. Next Steps IV. Public Comment V. Adjournment Dated: August 24, 2021. David Mussatt, Supervisory Chief,Regional Programs Unit. [FR Doc. 2021–18574 Filed 8–27–21; 8:45 am] BILLING CODE P DEPARTMENT OF COMMERCE Bureau of Economic Analysis khammond on DSKJM1Z7X2PROD with NOTICES Agency Information Collection Activities; Submission to the Office of Management and Budget (OMB) for Review and Approval; Comment Request; Direct Investment Surveys: BE–11, Annual Survey of U.S. Direct Investment Abroad The Department of Commerce will submit the following information collection request to the Office of Management and Budget (OMB) for review and clearance in accordance with the Paperwork Reduction Act of 1995, on or after the date of publication of this notice. We invite 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. Public comments were previously requested via the Federal Register on 06/16/2021 during a 60-day comment period. This notice allows for an additional 30 days for public comments. Agency: Bureau of Economic Analysis (BEA), Commerce. Title: Annual Survey of U.S. Direct Investment Abroad. OMB Control Number: 0608–0053. Form Number: BE–11. Type of Request: Regular submission, reinstatement without change Number of Respondents: 3,500 respondents (U.S. parents). A complete response includes a BE–11 A form for VerDate Sep<11>2014 18:40 Aug 27, 2021 Jkt 253001 the U.S. parent’s domestic operation and one or more BE–11 B, C, or D forms for its foreign affiliates that meet the BE–11 survey requirements. BEA estimates that U.S. parents will submit 3,500 A forms, 24,000 B forms, 1,900 C forms, 100 D forms, and 500 Claim for Exemption forms. Average Hours per Response: 90.5 hours per respondent (316,900 hours/ 3,500 U.S. parents) is the average but may vary considerably among respondents because of differences in company structure, complexity, and the number of foreign affiliates each U.S. parent must report. Burden Hours: 316,900 hours. Total annual burden is calculated by multiplying the estimated number of submissions of each form by the average hourly burden per form, which is 7 hours for the A form, 12 hours for the B form, 2 hours for the C form, 1 hour for the D form, and 1 hour for the Claim for Exemption form. Needs and Uses: The Annual Survey of U.S. Direct Investment Abroad (BE– 11) obtains sample data on the financial structure and operations of U.S. parents and their foreign affiliates. The data are needed to provide reliable, useful, and timely measures of U.S. direct investment abroad to assess its impact on the U.S. and foreign economies. The sample data are used to derive universe estimates in nonbenchmark years from similar data reported in the BE–10, Benchmark Survey of U.S. Direct Investment Abroad, which is conducted every five years. The data collected include balance sheets; income statements; property, plant, and equipment; employment and employee compensation; merchandise trade; sales of goods and services; taxes; and research and development activity. Affected Public: Businesses or other for-profit organizations. Frequency: Annual. 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). This information collection request may be viewed at www.reginfo.gov. 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 submitted within 30 days of the publication of this notice on the following website www.reginfo.gov/ public/do/PRAMain. Find this particular information collection by selecting ‘‘Currently under 30-day Review—Open for Public Comments’’ or PO 00000 Frm 00006 Fmt 4703 Sfmt 4703 by using the search function and entering either the title of the collection or the OMB Control Number 0608–0053. Sheleen Dumas, Department PRA Clearance Officer, Office of the Chief Information Officer, Commerce Department. [FR Doc. 2021–18628 Filed 8–27–21; 8:45 am] BILLING CODE 3510–06–P 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–15, Annual Survey of Foreign Direct Investment in the United States The Department of Commerce will submit the following information collection request to the Office of Management and Budget (OMB) for review and clearance in accordance with the Paperwork Reduction Act of 1995, on or after the date of publication of this notice. We invite 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. Public comments were previously requested via the Federal Register on 6/16/2021 during a 60-day comment period. This notice allows for an additional 30 days for public comments. Agency: Bureau of Economic Analysis (BEA), Department of Commerce. Title: Annual Survey of Foreign Direct Investment in the United States. OMB Control Number: 0608–0034. Form Number: BE–15. Type of Request: Regular submission, reinstatement without change. Number of Respondents: 6,600 annually, of which approximately 3,300 file A forms, 1,600 file B forms, 1,200 file C forms, and 500 file Claim for Exemption forms. Average Hours per Response: 23.8 hours per respondent (156,875 hours/ 6,600 respondents) is the average but may vary considerably among respondents because of differences in company size and complexity. Burden Hours: 156,875 hours. Total annual burden is calculated by multiplying the estimated number of submissions of each form by the average hourly burden per form, which is 44.75 hours for the A form, 3.75 hours for the B form, 2.25 hours for the C form, and E:\FR\FM\30AUN1.SGM 30AUN1 Federal Register / Vol. 86, No. 165 / Monday, August 30, 2021 / Notices khammond on DSKJM1Z7X2PROD with NOTICES 1 hour for the Claim for Exemption form. Needs and Uses: The Annual Survey of Foreign Direct Investment in the United States (BE–15) obtains sample data on the financial structure and operations of foreign-owned U.S. business enterprises. The data are needed to provide reliable, useful, and timely measures of foreign direct investment in the United States to assess its impact on the U.S. economy. The sample data are used to derive universe estimates in nonbenchmark 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. The data collected include balance sheets; income statements; property, plant, and equipment; employment and employee compensation; merchandise trade; sales of goods and services; taxes; and research and development activity for the U.S. operations. In addition to these national data, several data items are collected by state, including employment and property, plant, and equipment. Affected Public: Businesses or other for-profit organizations. Frequency: Annual. 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). This information collection request may be viewed at www.reginfo.gov. 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 submitted within 30 days of the publication of this notice on the following website www.reginfo.gov/ public/do/PRAMain. Find this particular information collection by selecting ‘‘Currently under 30-day Review—Open for Public Comments’’ or by using the search function and entering either the title of the collection or the OMB Control Number 0608–0034. Sheleen Dumas, Department PRA Clearance Officer, Office of the Chief Information Officer, Commerce Department. [FR Doc. 2021–18629 Filed 8–27–21; 8:45 am] BILLING CODE 3510–06–P VerDate Sep<11>2014 18:40 Aug 27, 2021 Jkt 253001 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; Services Surveys: BE–29, Annual Survey of Foreign Ocean Carriers’ Expenses in the United States 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 October 29, 2021. ADDRESSES: Interested persons are invited to submit written comments to Christopher Stein, Chief, Services Surveys Branch, Bureau of Economic Analysis, by email to christopher.stein@ bea.gov or PRAcomments@doc.gov. Please reference OMB Control Number 0608–0012 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 Christopher Stein, Chief, Services Surveys Branch, Bureau of Economic Analysis, 301–278–9189, or via email at christopher.stein@bea.gov. SUPPLEMENTARY INFORMATION: SUMMARY: I. Abstract The Annual Survey of Foreign Ocean Carriers’ Expenses in the United States (BE–29) collects data from U.S. agents of foreign ocean carriers that handled 40 or more foreign ocean carrier port calls during the year, or had total covered expenses of $250,000 or more during the year for all foreign ocean vessels handled by the U.S. agent. The data are needed monitor trade in transport services, to analyze the impact of U.S. trade on the U.S. and foreign economies, to compile and improve the PO 00000 Frm 00007 Fmt 4703 Sfmt 4703 48391 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 services component of the U.S. international transactions accounts (ITAs) and national income and product accounts (NIPAs). The Bureau of Economic Analysis (BEA) is proposing no additions or modifications to the information collected on the current BE–29. The language in the instructions and definitions will be reviewed and adjusted as necessary to clarify survey requirements. BEA proposes to change the due date of the survey to 45 days after the close of each year from 90 days, beginning with the reporting period for the 2021 year, which will be collected in 2022. Shortening the reporting timeline will allow BEA to produce more accurate and complete trade in transport services statistics in the ITAs, which is critical information for policymakers’ timely decisions on international trade policy. The earlier due date will allow BEA to validate the data and integrate it into the statistics in time for the annual update of the ITAs, improving the accuracy of both the aggregates and the country detail and reducing revisions in subsequent statistical releases. BEA estimates there will be no change in the average number of burden hours per response, which is currently estimated to be 3 hours. The language in the instructions and definitions will be reviewed and adjusted as necessary to clarify survey requirements. II. Method of Collection BEA contacts potential respondents by mail in December of the preceding year. Respondents would be required to file the completed BE–29 forms within 45 days after the end of the year. Reports will be required from U.S. agents of foreign ocean carriers that handled 40 or more foreign ocean carrier port calls during the year or had covered expenses of $250,000 or more during the year for all foreign ocean vessels handled by the U.S. agent. Entities required to report will be contacted individually by BEA. Entities not contacted by BEA have no reporting responsibilities. BEA offers its electronic filing option, the eFile system, for use in reporting on Form BE–29. For more information about eFile, go to www.bea.gov/efile. In addition, BEA posts all its survey forms and reporting instructions on its website, www.bea.gov/ssb. These may E:\FR\FM\30AUN1.SGM 30AUN1

Agencies

[Federal Register Volume 86, Number 165 (Monday, August 30, 2021)]
[Notices]
[Pages 48390-48391]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-18629]


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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-15, Annual Survey of Foreign 
Direct Investment in the United States

    The Department of Commerce will submit the following information 
collection request to the Office of Management and Budget (OMB) for 
review and clearance in accordance with the Paperwork Reduction Act of 
1995, on or after the date of publication of this notice. We invite 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. Public comments were previously requested via the 
Federal Register on 6/16/2021 during a 60-day comment period. This 
notice allows for an additional 30 days for public comments.
    Agency: Bureau of Economic Analysis (BEA), Department of Commerce.
    Title: Annual Survey of Foreign Direct Investment in the United 
States.
    OMB Control Number: 0608-0034.
    Form Number: BE-15.
    Type of Request: Regular submission, reinstatement without change.
    Number of Respondents: 6,600 annually, of which approximately 3,300 
file A forms, 1,600 file B forms, 1,200 file C forms, and 500 file 
Claim for Exemption forms.
    Average Hours per Response: 23.8 hours per respondent (156,875 
hours/6,600 respondents) is the average but may vary considerably among 
respondents because of differences in company size and complexity.
    Burden Hours: 156,875 hours. Total annual burden is calculated by 
multiplying the estimated number of submissions of each form by the 
average hourly burden per form, which is 44.75 hours for the A form, 
3.75 hours for the B form, 2.25 hours for the C form, and

[[Page 48391]]

1 hour for the Claim for Exemption form.
    Needs and Uses: The Annual Survey of Foreign Direct Investment in 
the United States (BE-15) obtains sample data on the financial 
structure and operations of foreign-owned U.S. business enterprises. 
The data are needed to provide reliable, useful, and timely measures of 
foreign direct investment in the United States to assess its impact on 
the U.S. economy. The sample data are used to derive universe estimates 
in nonbenchmark 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. The data collected include balance 
sheets; income statements; property, plant, and equipment; employment 
and employee compensation; merchandise trade; sales of goods and 
services; taxes; and research and development activity for the U.S. 
operations. In addition to these national data, several data items are 
collected by state, including employment and property, plant, and 
equipment.
    Affected Public: Businesses or other for-profit organizations.
    Frequency: Annual.
    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).
    This information collection request may be viewed at 
www.reginfo.gov. 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 submitted within 30 days of the publication of 
this notice on the following website www.reginfo.gov/public/do/PRAMain. 
Find this particular information collection by selecting ``Currently 
under 30-day Review--Open for Public Comments'' or by using the search 
function and entering either the title of the collection or the OMB 
Control Number 0608-0034.

Sheleen Dumas,
Department PRA Clearance Officer, Office of the Chief Information 
Officer, Commerce Department.
[FR Doc. 2021-18629 Filed 8-27-21; 8:45 am]
BILLING CODE 3510-06-P