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, 53862-53863 [2023-17022]

Download as PDF 53862 Federal Register / Vol. 88, No. 152 / Wednesday, August 9, 2023 / Notices Comments: Comments are invited on: (a) Whether the proposed collection of information is necessary for the proper performance 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 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 those who are to respond, including using appropriate automated, electronic, mechanical, or other technological collection techniques or other forms of information technology. All responses to this notice will be summarized and included in the request to OMB for approval. All comments will become a matter of public record. Obtaining a Copy of the Information Collection: A copy of the information collection and related instructions may be obtained free of charge by contacting Laura Givens as directed above. MATTERS TO BE CONSIDERED: Done at Washington, DC, this day of July 27, 2023. Dionne Toombs, Associate Director for Programs, National Institute of Food and Agriculture, U.S. Department of Agriculture. 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 [FR Doc. 2023–17004 Filed 8–8–23; 8:45 am] BILLING CODE 3410–22–P BILLING CODE 6350–01–P DEPARTMENT OF COMMERCE Bureau of Economic Analysis Chemical Safety and Hazard Investigation Board. ACTION: Notice; correction. The Chemical Safety and Hazard Investigation Board (CSB) published a document in the Federal Register of July 28, 2023, concerning dates for CSB’s public meetings for FY2024. The document contained an incorrect date. STATUS: Open to the public. FOR FURTHER INFORMATION CONTACT: Hillary Cohen, Communications Manager, at public@csb.gov or (202) 446–8094. Further information about these public meetings can be found on the CSB website at: www.csb.gov. SUPPLEMENTARY INFORMATION: SUMMARY: Correction In the Federal Register of July 28, 2023, in FR Doc. 2023–16148, on page 48788, in the second column, correct the ‘‘Matters to be Considered’’ Caption to read: Jkt 259001 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: Written comments must be submitted on or before October 10, 2023. SUMMARY: AGENCY: lotter on DSK11XQN23PROD with NOTICES1 [FR Doc. 2023–17171 Filed 8–7–23; 4:15 pm] Bureau of Economic Analysis, Department of Commerce. ACTION: Notice of information collection, request for comment. Sunshine Act Meetings; Correction 18:19 Aug 08, 2023 Dated: August 7, 2023. Tamara Qureshi, Assistant General Counsel, Chemical Safety and Hazard Investigation Board. AGENCY: CHEMICAL SAFETY AND HAZARD INVESTIGATION BOARD VerDate Sep<11>2014 The Chemical Safety and Hazard Investigation Board (CSB) will convene public meetings on October 26, 2023; January 25, 2024; April 25, 2024; and, July 25, 2024, at 2 p.m. ET. These meetings serve to fulfill the CSB’s requirement to hold a minimum of four public meetings for Fiscal Year 2024 pursuant to 40 CFR 1600.5(c). The Board will review the CSB’s progress in meeting its mission and as appropriate highlight safety products newly released through investigations and safety recommendations. Interested persons are invited to submit written comments to Kirsten Brew, Chief, Multinational Operations Branch (BE–69), Bureau of Economic Analysis, U.S. Department of Commerce, by email to Kirsten.Brew@ bea.gov and PRAcomments@doc.gov. Please reference OMB Control Number 0608–0034 in the subject line of your comments. Do not submit Confidential Business Information or otherwise sensitive or protected information. ADDRESSES: PO 00000 Frm 00005 Fmt 4703 Sfmt 4703 FOR FURTHER INFORMATION CONTACT: Requests for additional information or specific questions related to collection activities should be directed to Kirsten Brew, Chief, Multinational Operations Branch (BE–69), Bureau of Economic Analysis, U.S. Department of Commerce; via phone at (301) 278– 9152; or via email at Kirsten.Brew@ bea.gov. SUPPLEMENTARY INFORMATION: I. Abstract The Annual Survey of Foreign Direct Investment in the United States (BE–15) obtains sample data on the financial structure and operations of foreignowned 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, 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. The survey, as proposed, incorporates the following change that was made to the 2022 BE–12, Benchmark Survey of Foreign Direct Investment in the United States: (a) The expensed petroleum and mining expenditures item will be removed from the BE–15A form. The item is not a good fit conceptually as a component of property, plant, and equipment (capital) expenditures. II. Method of Collection BEA contacts potential respondents by mail in March of each year; responses covering a reporting company’s fiscal year ending during the previous calendar year are due by May 31 (or by June 30 for respondents that file using BEA’s eFile system). Reports are required from each U.S. business enterprise in which a foreign person has at least 10 percent of the voting stock in an incorporated business enterprise, or an equivalent interest in an unincorporated business enterprise, and that meets the additional conditions detailed in the BE–15 forms and instructions. Entities required to report will be contacted individually by BEA. E:\FR\FM\09AUN1.SGM 09AUN1 Federal Register / Vol. 88, No. 152 / Wednesday, August 9, 2023 / Notices Entities not contacted by BEA have no reporting responsibilities. BEA offers electronic filing through its eFile system for use in reporting on the BE–15 annual survey forms. In addition, BEA posts its survey forms and reporting instructions on its website (www.bea.gov/fdi). These may be downloaded, completed, printed, and submitted via fax or mail. Potential respondents of the BE–15 are selected from those U.S. business enterprises that were required to report on the 2022 BE–12, Benchmark Survey of Foreign Direct Investment in the United States, along with those U.S. business enterprises that subsequently entered the direct investment universe. The BE–15 is a sample survey; universe estimates are developed from the reported sample data. III. Data OMB Control Number: 0608–0034. Form Number: BE–15. Type of Review: Revision. Affected Public: Business or other forprofit organizations. Estimated Number of Respondents: 6,550 annually, of which approximately 3,350 file A forms, 1,700 file B forms, 1,000 file C forms, and 500 file Claim for Exemption forms. Estimated Total Annual Burden Hours: 159,038 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 1 hour for the Claim for Exemption form. Estimated Time per Respondent: 24.3 hours per respondent (159,038 hours/ 6,550 respondents) is the average but may vary considerably among respondents because of differences in company size and complexity. 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). lotter on DSK11XQN23PROD with NOTICES1 IV. Request for Comments We are soliciting public comments to permit the Department of Commerce/ Bureau of Economic Analysis to: (a) Evaluate whether the proposed information collection is necessary for the proper functions of the Department, including whether the information will have practical utility; (b) Evaluate the accuracy of our estimate of the time and cost burden for this proposed collection, including the validity of the methodology and assumptions used; (c) VerDate Sep<11>2014 19:15 Aug 08, 2023 Jkt 259001 Evaluate ways to enhance the quality, utility, and clarity of the information to be collected; and (d) Minimize the reporting burden on those who are to respond, including 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 Under Secretary of Economic Affairs, Commerce Department. [FR Doc. 2023–17022 Filed 8–8–23; 8:45 am] BILLING CODE 3510–06–P DEPARTMENT OF COMMERCE International Trade Administration [C–475–841] Forged Steel Fluid End Blocks From Italy: Final Results of Countervailing Duty Administrative Review; 2020– 2021 Enforcement and Compliance, International Trade Administration, Department of Commerce. SUMMARY: The U.S. Department of Commerce (Commerce) determines that countervailable subsidies were provided to Lucchini Mame Forge S.p.A (LMA), a producer and exporter of forged steel fluid end blocks (fluid end blocks) from Italy during the period of review (POR), May 26, 2020, through December 31, 2021. DATES: Applicable August 9, 2023. FOR FURTHER INFORMATION CONTACT: Nicholas Czajkowski, AD/CVD Operations, Enforcement and Compliance, International Trade Administration, U.S. Department of Commerce, 1401 Constitution Avenue NW, Washington, DC 20230; telephone: (202) 482–1395. AGENCY: Background On February 7, 2023, Commerce published the preliminary results of this administrative review in the Federal PO 00000 Frm 00006 Fmt 4703 Sfmt 4703 53863 Register.1 This review covers one mandatory respondent, LMA. From May 8 through May 16, 2023, we conducted verification of LMA and the Government of Italy’s (GOI) questionnaire responses. On June 9, 2023, we released the verification reports,2 and, on June 12, 2023, we invited parties to comment on the Preliminary Results.3 On June 21, 2023, LMA and the GOI submitted timelyfiled case briefs.4 On June 29, 2023, LMA and the petitioners 5 submitted timely-filed rebuttal briefs.6 On June 5, 2023, Commerce extended the deadline for issuing the final results until August 3, 2023.7 For a complete description of the events that occurred since the Preliminary Results, see the Issues and Decision Memorandum.8 Scope of the Order 9 The products covered by the Order are fluid end blocks. A full description of the scope of the Order is contained in the Issues and Decision Memorandum. Analysis of Comments Received All issues raised by the interested parties in their case and rebuttal briefs are addressed in the Issues and Decision Memorandum. A list of these issues is provided in the appendix to this notice. The Issues and Decision Memorandum 1 See Forged Steel Fluid End Blocks from Italy: Preliminary Results of Countervailing Duty Administrative Review, and Intent To Rescind Administrative Review in Part; 2020–2021, 88 FR 7944 (February 7, 2022) (Preliminary Results), and accompanying Preliminary Decision Memorandum (PDM). 2 See Memoranda, ‘‘Verification of the Questionnaire Responses of Lucchini Mame Forge S.p.A.,’’ dated June 9, 2023, and ‘‘Verification of the Questionnaire Responses of the Government of Italy,’’ dated June 9, 2023. 3 See Commerce’s Letter, ‘‘Briefing Schedule,’’ dated June 12, 2023. 4 See LMA’s Letter, ‘‘Lucchini’s Case Brief,’’ dated June 21, 2023; see also GOI’s Letter, ‘‘Case Brief for Government of Italy,’’ dated June 21, 2023. 5 The petitioners are Ellwood City Forge Company, Ellwood Quality Steels Company, Ellwood National Steel Company, and A. Finkl & Sons. 6 See Petitioners’ Letter, ‘‘FEB Fair Trade Coalition’s Administrative Rebuttal Brief,’’ dated June 28, 2023. 7 See Memorandum, ‘‘Extension of Deadline for Final Results of the Countervailing Duty Administrative Review 2020,’’ dated June 5, 2023. 8 See Memorandum, ‘‘Issues and Decision Memorandum for the Final Results of the Countervailing Duty Administrative Review of Forged Steel Fluid End Blocks from Italy; 2020– 2021,’’ concurrently with, and hereby adopted by, this notice (Issues and Decision Memorandum). 9 See Forged Steel Fluid End Blocks from the People’s Republic of China, the Federal Republic of Germany, India, and Italy: Countervailing Duty Orders, and Amended Final Affirmative Countervailing Duty Determination for the People’s Republic of China, 86 FR 7535 (January 29, 2021) (Order). E:\FR\FM\09AUN1.SGM 09AUN1

Agencies

[Federal Register Volume 88, Number 152 (Wednesday, August 9, 2023)]
[Notices]
[Pages 53862-53863]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-17022]


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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

AGENCY: Bureau of Economic Analysis, Department of 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: Written comments must be submitted on or before October 10, 
2023.

ADDRESSES: Interested persons are invited to submit written comments to 
Kirsten Brew, Chief, Multinational Operations Branch (BE-69), Bureau of 
Economic Analysis, U.S. Department of Commerce, by email to 
[email protected] and [email protected]. Please reference OMB 
Control Number 0608-0034 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 Kirsten Brew, Chief, Multinational Operations Branch (BE-69), Bureau 
of Economic Analysis, U.S. Department of Commerce; via phone at (301) 
278-9152; or via email at [email protected].

SUPPLEMENTARY INFORMATION:

I. Abstract

    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, 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.
    The survey, as proposed, incorporates the following change that was 
made to the 2022 BE-12, Benchmark Survey of Foreign Direct Investment 
in the United States:
    (a) The expensed petroleum and mining expenditures item will be 
removed from the BE-15A form. The item is not a good fit conceptually 
as a component of property, plant, and equipment (capital) 
expenditures.

II. Method of Collection

    BEA contacts potential respondents by mail in March of each year; 
responses covering a reporting company's fiscal year ending during the 
previous calendar year are due by May 31 (or by June 30 for respondents 
that file using BEA's eFile system). Reports are required from each 
U.S. business enterprise in which a foreign person has at least 10 
percent of the voting stock in an incorporated business enterprise, or 
an equivalent interest in an unincorporated business enterprise, and 
that meets the additional conditions detailed in the BE-15 forms and 
instructions. Entities required to report will be contacted 
individually by BEA.

[[Page 53863]]

Entities not contacted by BEA have no reporting responsibilities.
    BEA offers electronic filing through its eFile system for use in 
reporting on the BE-15 annual survey forms. In addition, BEA posts its 
survey forms and reporting instructions on its website (www.bea.gov/fdi). These may be downloaded, completed, printed, and submitted via 
fax or mail.
    Potential respondents of the BE-15 are selected from those U.S. 
business enterprises that were required to report on the 2022 BE-12, 
Benchmark Survey of Foreign Direct Investment in the United States, 
along with those U.S. business enterprises that subsequently entered 
the direct investment universe. The BE-15 is a sample survey; universe 
estimates are developed from the reported sample data.

III. Data

    OMB Control Number: 0608-0034.
    Form Number: BE-15.
    Type of Review: Revision.
    Affected Public: Business or other for-profit organizations.
    Estimated Number of Respondents: 6,550 annually, of which 
approximately 3,350 file A forms, 1,700 file B forms, 1,000 file C 
forms, and 500 file Claim for Exemption forms.
    Estimated Total Annual Burden Hours: 159,038 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 1 hour for the Claim for Exemption form.
    Estimated Time per Respondent: 24.3 hours per respondent (159,038 
hours/6,550 respondents) is the average but may vary considerably among 
respondents because of differences in company size and complexity.
    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

    We are soliciting public comments to permit the Department of 
Commerce/Bureau of Economic Analysis to: (a) Evaluate whether the 
proposed information collection is necessary for the proper functions 
of the Department, including whether the information will have 
practical utility; (b) Evaluate the accuracy of our estimate of the 
time and cost burden for this proposed collection, including the 
validity of the methodology and assumptions used; (c) Evaluate ways to 
enhance the quality, utility, and clarity of the information to be 
collected; and (d) Minimize the reporting burden on those who are to 
respond, including 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 Under Secretary of 
Economic Affairs, Commerce Department.
[FR Doc. 2023-17022 Filed 8-8-23; 8:45 am]
BILLING CODE 3510-06-P


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