95-17959. Agency Forms Under Review by the Office of Management and Budget

[Federal Register Volume 60, Number 140 (Friday, July 21, 1995)]
[Notices]
[Pages 37625-37626]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-17959]



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DEPARTMENT OF COMMERCE


Agency Forms Under Review by the Office of Management and Budget

    DOC has submitted to the Office of Management and Budget (OMB) for 
clearance the following proposals for collection of information under 
the provisions of the Paperwork Reduction Act (44 U.S.C. chapter 35).
    Agency: Bureau of Economic Analysis.
    Title: Annual Survey of Financial Services Transactions Between 
U.S. Financial Services Providers and Unaffiliated Foreign Persons.
    Form Number(s): BE-82.
    Agency Approval Number: None.
    Type of Request: New collection.
    Burden: 3,200 hours.
    Number of Respondents: 425.
    Avg Hours Per Response: 7.5 hours.
    Needs and Uses: This survey will obtain annual sample data on 
financial services transactions between U.S. financial services 
providers and unaffiliated foreign persons, beginning with 1995. The 
data from the survey will update the data collected in the quinquennial 
BE-80 benchmark survey of such services. The information gathered is 
needed, among other purposes, to support U.S. trade policy initiatives, 
including trade negotiations, and to compile the U.S. balance of 
payments and the national income and product accoutns.
    Affected Public: Businesses or other for-profit organizations, not-
for-profit institutions, farms, state and local government agencies, or 
other institutions engaging in international financial services 
transactions.
    Frequency: Annually.
    Respondent's Obligation: Mandatory.
    OMB Desk Officer: Paul Bugg, [phone].

    Agency: Bureau of Economic Analysis.
    Title: Annual Survey of U.S. Direct Investment Abroad.
    Form Number(s): BE-11.
    Agency Approval Number: 0608-0053.
    Type of Request: Revision of a currently approved collection.
    Burden: 88,9400 hours.
    Number of Respondents: 1,325.
    Avg Hours Per Response: 67 hours.
    Needs and Uses: This survey is a sample survey that obtains 
financial and operating data covering the overall operations of U.S. 
parent companies and their foreign affiliates. The survey is mandated 
by Congress to provide a factual framework for addressing the concerns 
of policymakers and the general public about the effects of U.S.

[[Page 37626]]
direct investment abroad on the U.S. and foreign economies. The sample 
data are used to carry forward similar data reported in the BE-10 
benchmark survey in order to derive universe estimates in nonbenchmark 
years. The data are needed to measure the economic significance of U.S. 
direct investment abraod, measure changes in such investment, and 
assess its impact.
    Affected Public: Businesses or other for-profit institutions.
    Frequency: Annually.
    Respondent's Obligation: Mandatory.
    OMB Desk Officer: Paul Bugg, [phone].
    Copies of the above information collection proposals can be 
obtained by calling or writing Gerald Tache, DOC Forms Clearance 
Officer, [phone], Department of Commerce, Room 5312, 14th and 
Constitution Avenue, NW, Washington, DC 20230.
    Written comments and recommendations for the proposed information 
collection should be sent to Paul Bugg, OMB Desk Officer, Room 10201, 
New Executive Office Building, Washington, DC 20503.

    Dated: July 17, 1995.
Gerald Tache,
Departmental Forms Clearance Officer, Office of Management and 
Organization.
[FR Doc. 95-17959 Filed 7-20-95; 8:45 am]
BILLING CODE 3510-CW-F