[Federal Register: October 7, 2005 (Volume 70, Number 194)]
[Notices]               
[Page 58671-58672]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr07oc05-35]                         

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DEPARTMENT OF COMMERCE

 
Submission for OMB Review; Comment Request

    The Department of Commerce (DOC) has submitted 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), Commerce.
    Title: Transactions of U.S. Affiliate, Except a U.S. Banking 
Affiliate, with Foreign Parent (Form BE-605) and Transactions of U.S. 
Banking Affiliate with Foreign Parent (Form BE-605 Bank).
    Form Number(s): BE-605 and BE-605 Bank.
    Agency Approval Number: 0608-0009.
    Type of Request: Extension of a currently approved collection.
    Burden: 19,750 hours.
    Number of Respondents: 3,950 per quarter; 15,800 annually.
    Average Hours Per Response: 1\1/4\ hours.
    Needs and Uses: The data collected are used in the preparation of 
the international transactions accounts, national income and product 
accounts, and input-output accounts. The data are needed to measure the 
amount of foreign direct investment in the United States, monitor 
changes in such investment, assess its impact on the U.S. and foreign 
economies and, based upon this assessment, make informed policy 
decisions regarding foreign direct investment in the United States. 
Also, the data from the BE-605 survey complement data from BEA's other 
ongoing surveys of foreign direct investment in the United States, 
namely the BE-13, Initial Report on a Foreign Person's Direct or 
Indirect Acquisition, Establishment, or Purchase of the Operating 
Assets, of a U.S. Business Enterprise, Including Real Estate, and the 
BE-12 (benchmark) and BE-15 (annual) surveys, which provide data on the 
overall operations of U.S. affiliates.
    Affected Public: U.S. businesses or other for-profit institutions.
    Frequency: Quarterly.
    Respondent's Obligation: Mandatory.
    Legal Authority: International Investment and Trade in Services 
Survey Act (Pub. L. 94-472, 22 U.S.C. 3101-3108).
    OMB Desk Officer: Paul Bugg, (202) 395-3093.
    You may obtain copies of the above information collection proposal 
by calling or writing Diana Hynek,

[[Page 58672]]

Departmental Paperwork Clearance Officer, Department of Commerce, Room 
6025, 14th and Constitution Avenue, NW., Washington, DC 20230, or via 
the Internet at dhynek@doc.gov.
    Send comments on the proposed information collection within 30 days 
of publication of the notice to the Office of Management and Budget, 
O.I.R.A., Attention PRA Desk Officer for BEA, via the Internet at 
pbugg@omb.eop.gov, or by FAX at 202-395-7245.


    Dated: October 3, 2005.
Madeleine Clayton,
Management Analyst, Office of the Chief Information Officer.
[FR Doc. 05-20143 Filed 10-6-05; 8:45 am]

BILLING CODE 3510-34-U