76630 Federal Register / Vol. 75, No. 236 / Thursday, December 9, 2010 / Rules and Regulations 

Airac date State City Airport FDC No. FDC date Subject 

13–Jan–11 ... NY White Plains ............ Westchester County ................. 0/5984 11/12/10 ILS OR LOC RWY 34, Amdt 4. 

13–Jan–11 ... NY White Plains ............ Westchester County ................. 0/5985 11/12/10 NDB RWY 16, Amdt 21B. 

13–Jan–11 ... NY White Plains ............ Westchester County ................. 0/5986 11/12/10 RNAV (GPS) Y RWY 16, Amdt 

1. 

13–Jan–11 ... RQ Aguadilla ................. Rafael Hernandez .................... 0/6015 11/15/10 RNAV (GPS) RWY 8, Orig-A. 

13–Jan–11 ... RQ Aguadilla ................. Rafael Hernandez .................... 0/6017 11/15/10 VOR/DME RWY 8, Amdt 2A. 

13–Jan–11 ... RQ Aguadilla ................. Rafael Hernandez .................... 0/6018 11/15/10 VOR RWY 8, Amdt 6A. 

13–Jan–11 ... WI Mineral Point ........... Iowa County ............................. 0/6108 11/9/10 NDB RWY 22, Amdt 5. 

13–Jan–11 ... NM Deming .................... Deming Muni ............................ 0/6402 11/12/10 Takeoff Minimums and Obstacle 

DP, Amdt 2. 

13–Jan–11 ... NV Las Vegas ............... North Las Vegas ...................... 0/6416 11/12/10 ILS OR LOC RWY 12L, Orig-B. 

13–Jan–11 ... NV Elko ......................... Elko Rgnl .................................. 0/6417 11/12/10 Takeoff Minimums and Obstacle 

DP, Amdt 5. 

13–Jan–11 ... AR Fort Smith ............... Fort Smith Rgnl ........................ 0/6816 11/15/10 NDB RWY 25, Amdt 24D. 

13–Jan–11 ... AL Huntsville ................. Huntsville Intl-Carl T Jones 

Field.

0/6879 11/15/10 Takeoff Minimums and Obstacle 

DP, Amdt 1. 

13–Jan–11 ... NY Kingston .................. Kingston-Ulser .......................... 0/6886 11/15/10 VOR OR GPS A, Amdt 1. 

13–Jan–11 ... NY Syracuse ................. Syracuse Hancock Intl ............. 0/6891 11/17/10 ILS RWY 28, ILS RWY 28 (CAT 

II), Amdt 33B. 

13–Jan–11 ... TX San Antonio ............ San Antonio Intl ....................... 0/6950 11/12/10 ILS OR LOC RWY 12R, Amdt 

14. 

13–Jan–11 ... MO Kansas City ............. Kansas City Intl ........................ 0/6951 11/15/10 ILS OR LOC RWY 1R, ILS RWY 

1R (CAT II), ILS RWY 1R 

(CAT III), Amdt 3. 

13–Jan–11 ... MO Kansas City ............. Kansas City Intl ........................ 0/6952 11/15/10 ILS OR LOC RWY 19R, ILS 

RWY 19R (CAT II), ILS RWY 

19R (CAT III), Amdt 10. 

13–Jan–11 ... TX San Antonio ............ San Antonio Intl ....................... 0/6979 11/12/10 ILS OR LOC RWY 30L, Amdt 10. 

13–Jan–11 ... NY Syracuse ................. Syracuse Hancock Intl ............. 0/7120 11/17/10 ILS OR LOC RWY 10, Amdt 12. 

13–Jan–11 ... PA Zelienople ................ Zelienople Muni ........................ 0/7603 11/17/10 RNAV (GPS) RWY 35, Orig-A. 

13–Jan–11 ... MI Ann Arbor ................ Ann Arbor Muni ........................ 0/7695 11/22/10 VOR RWY 6, Amdt 13A. 

13–Jan–11 ... MI Ann Arbor ................ Ann Arbor Muni ........................ 0/7696 11/22/10 VOR RWY 24, Amdt 13A. 

13–Jan–11 ... UT Fillmore ................... Fillmore Muni ........................... 0/8092 11/22/10 RNAV (GPS) RWY 4, Orig. 

13–Jan–11 ... UT Fillmore ................... Fillmore Muni ........................... 0/8094 11/22/10 RNAV (GPS) RWY 22, Orig. 

[FR Doc. 2010–30591 Filed 12–8–10; 8:45 am] 

BILLING CODE 4910–13–P 

DEPARTMENT OF COMMERCE 

Bureau of Economic Analysis 

15 CFR Part 806 

[Docket No. 100202061–0573–02] 

RIN 0691—AA75 

Direct Investment Surveys: BE–577, 

Quarterly Survey of U.S. Direct 

Investment Abroad—Direct 

Transactions of U.S. Reporter With 

Foreign Affiliate 

AGENCY: Bureau of Economic Analysis, 

Commerce. 

ACTION: Final Rule. 

SUMMARY: This final rule amends 

regulations of the Bureau of Economic 

Analysis (BEA), Department of 

Commerce, to set forth the reporting 

requirements for BE–577 quarterly 

survey of U.S. direct investment abroad. 

BEA conducts the survey quarterly and 

obtains sample data on transactions and 

positions between U.S.-owned foreign 

business enterprises and their U.S. 

parents. 

Through this rule, BEA will modify 

items on the survey form and the 

reporting criteria. Changes will bring the 

BE–577 forms and related instructions 

into conformity with the 2009 BE–10, 

Benchmark Survey of U.S. Direct 

Investment Abroad, and will raise the 

threshold for reporting. 

DATES: The final rule will be effective 

January 10, 2011. 

FOR FURTHER INFORMATION CONTACT: 

David H. Galler, Chief, Direct 

Investment Division, BE–50, Bureau of 

Economic Analysis, U.S. Department of 

Commerce, Washington, DC 20230; 

phone (202) 606–9835 or e-mail 

David.Galler@bea.gov. 

SUPPLEMENTARY INFORMATION: On 

September 1, 2010, BEA published a 

notice of proposed rulemaking that set 

forth revised reporting criteria for the 

BE–577, Quarterly Survey of U.S. Direct 

Investment Abroad—Direct 

Transactions of U.S. Reporter With 

Foreign Affiliate, (75 FR 53611–53612). 

No comments on the proposed rule were 

received. Thus, the proposed rule is 

adopted without change. This final rule 

amends 15 CFR part 806.14 to set forth 

the reporting requirements for the BE– 

577 quarterly survey of U.S. direct 

investment abroad. 

The BE–577 survey is a mandatory 

quarterly survey of U.S. direct 

investment abroad conducted by BEA 

under the International Investment and 

Trade in Services Survey Act, 22 U.S.C. 

3101–3108 (the Act). BEA will send BE– 

577 survey forms to potential 

respondents each quarter; responses 

will be due within 30 days after the end 

of each quarter, except for the final 

quarter of the fiscal year when reports 

will be due within 45 days of the end 

of the quarter. 

Description of Changes 

BEA is making a number of changes 

to the BE–577 survey. BEA is increasing 

the exemption level for reporting on 

Form BE–577 to $60 million and will 

discontinue collecting information on 

transactions classified as permanent 

debt and related interest payments 

between U.S. parent companies that are 

banks, bank holding companies, or 

financial holding companies and their 

bank foreign affiliates. Recent changes 

in international standards call for the 

bank permanent debt previously 

classified as direct investment to be 

classified as other investment, for which 

statistics are collected by the Treasury 

Department through the Treasury 

International Capital System. BEA is 


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Federal Register / Vol. 75, No. 236 / Thursday, December 9, 2010 / Rules and Regulations 76631 

changing the title of Form BE–577 to 

‘‘Quarterly Survey of U.S. Direct 

Investment Abroad—Direct 

Transactions of U.S. Reporter With 

Foreign Affiliate.’’ 

The exemption level was last changed 

in 2006 following the 2004 Benchmark 

Survey of U.S. Direct Investment 

Abroad. The exemption level is stated in 

terms of the foreign affiliate’s assets, 

sales, and net income. U.S. parent 

companies must report data for their 

foreign affiliates if the affiliates have 

total assets, sales or gross operating 

revenues, or net income greater than $60 

million (positive or negative). BEA 

expects about 14,500 survey forms to be 

reported each quarter, compared to 

17,500 under the previous threshold for 

filing. About 3,000 affiliates— 

accounting for less than 1.5 percent of 

the statistics for income and direct 

investment position—will drop out of 

the sample and will be estimated based 

on reports received on the benchmark 

survey. 

Survey Background 

BEA, U.S. Department of Commerce, 

conducts the BE–577 survey under the 

authority of the International 

Investment and Trade in Services 

Survey Act (22 U.S.C. 3101–3108), 

hereinafter, ‘‘the Act.’’ Section 4(a) of the 

Act (22. U.S.C. 3103(a)) provides that, 

with respect to United States direct 

investment abroad, the President shall, 

to the extent he deems necessary and 

feasible, conduct a regular data 

collection program to secure current 

information on international capital 

flows and other information related to 

international investment and trade in 

services including (but not limited to) 

such information that may be necessary 

for computing and analyzing the United 

States balance of payments, the 

employment and taxes of United States 

parents and affiliates, and the 

international investment and trade in 

services position of the United States. 

Executive Order 12866 

This final rule has been determined to 

be not significant for purposes of E.O. 

12866. 

Executive Order 13132 

This final rule does not contain 

policies with Federalism implications as 

that term is defined in E.O. 13132. 

Paperwork Reduction Act 

This collection-of-information in this 

final rule has been submitted to the 

Office of Management and Budget 

(OMB) under the Paperwork Reduction 

Act (PRA). OMB approved the 

information collection under control 

number 0608–0004. 

Notwithstanding any other provisions 

of the law, no person is required to 

respond to, nor shall any person be 

subject to a penalty for failure to comply 

with, a collection-of-information subject 

to the requirements of the PRA unless 

that collection displays a currently valid 

OMB control number. 

The BE–577 survey is expected to 

result in the filing of about 14,500 

foreign affiliate reports by an estimated 

1,750 U.S. parent companies. A parent 

company must file one form per 

affiliate. The respondent burden for this 

collection of information is estimated to 

vary from one-half hour to three hours 

per response, with an average of one 

hour per response, including time for 

reviewing instructions, searching 

existing data sources, gathering and 

maintaining the data needed, and 

completing and reviewing the collection 

of information. Because reports are filed 

4 times per year, 58,000 responses 

annually are expected. Thus, the total 

annual respondent burden of the survey 

is estimated at 58,000 hours (14,500 

respondents filing 4 times per year 

multiplied by 1 hour average burden). 

The survey’s estimated respondent 

burden of 58,000 hours compares with 

a total respondent burden of 62,000 

hours in the current OMB inventory of 

burden hours for this collection of 

information. The reduction in burden is 

a result of raising the threshold for 

filing. 

Written comments regarding the 

burden-hour estimates or any other 

aspect of the collection-of-information 

requirements contained in the final rule 

should be sent both to the Bureau of 

Economic Analysis via mail to U.S. 

Department of Commerce, Bureau of 

Economic Analysis, Office of the Chief, 

Direct Investment Division, BE–50, 

Washington, DC 20230; via e-mail at 

David.Galler@bea.gov; or by FAX at 

(202) 606–5311, and to the Office of 

Management and Budget, O.I.R.A., 

Paperwork Reduction Project 0608– 

0004, Attention PRA Desk Officer for 

BEA, via e-mail at pbugg@omb.eop.gov, 

or by FAX at (202) 395–7245. 

Regulatory Flexibility Act 

The Chief Counsel for Regulation, 

Department of Commerce, has certified 

to the Chief Counsel for Advocacy, 

Small Business Administration (SBA), 

under the provisions of the Regulatory 

Flexibility Act (5 U.S.C. 605(b)), that 

this final rule will not have a significant 

economic impact on a substantial 

number of small entities. The factual 

basis for the certification was published 

in the proposed rule and is not repeated 

here. No comments were received 

regarding the certification or the 

economic impact of the rule more 

generally. No final regulatory flexibility 

analysis was prepared. 

List of Subjects in 15 CFR Part 806 

Economic statistics, International 

transactions, Penalties, Reporting and 

recordkeeping requirements, U.S. 

investment abroad. 

Dated: November 18, 2010. 

Brian C. Moyer, 

Acting Director, Bureau of Economic 

Analysis. 

■ For the reasons set forth in the 

preamble, BEA amends 15 CFR Part 806 

as follows: 

PART 806—DIRECT INVESTMENT 

SURVEYS 

■ 1. The authority citation for 15 CFR 

Part 806 continues to read as follows: 

Authority: 5 U.S.C. 301; 22 U.S.C. 3101– 

3108; E.O. 11961 (3 CFR, 1977 Comp., p. 86), 

as amended by E.O. 12318 (3 CFR, 1981 

Comp., p. 173); E.O. 12518 (3 CFR, 1985 

Comp., p. 348). 

■ 2. Section 806.14(e) is revised to read 

as follows: 

§ 806.14 U.S. direct investment abroad. 

* * * * * 

(e) Quarterly report form. BE–577, 

Quarterly Survey of U.S. Direct 

Investment Abroad—Direct 

Transactions of U.S. Reporter With 

Foreign Affiliate: One report is required 

for each foreign affiliate exceeding an 

exemption level of $60 million except 

that a report need not be filed by a U.S. 

Reporter to report direct transactions 

with one of its foreign affiliates in 

which it does not hold a direct equity 

interest unless an intercompany balance 

for the quarter exceeds $1 million. 

* * * * * 

[FR Doc. 2010–30970 Filed 12–8–10; 8:45 am] 

BILLING CODE 3510–06–P 


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