[Federal Register Volume 88, Number 199 (Tuesday, October 17, 2023)]
[Notices]
[Pages 71531-71532]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-22813]


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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 08/09/2023 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: Revision of a currently approved collection.
    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.
    Average Hours per Response: 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.
    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.
    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 non-benchmark 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 the 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 the 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/

[[Page 71532]]

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 Under Secretary for 
Economic Affairs, Commerce Department.
[FR Doc. 2023-22813 Filed 10-16-23; 8:45 am]
BILLING CODE 3510-06-P