26770 Federal Register / Vol. 63, No. 93 /Thursday, May 14, 1998 / Notices

DEPARTMENT OF COMMERCE

Bureau of Economic Analysis

Annual Survey of Financial Services

Transactions Between U.S. Financial

Services Providers and Unaffiliated

Foreign Persons

ACTION: Proposed collection; comment

request.

SUMMARY: The Department of

Commerce, as part of its continuing

effort to reduce paperwork and

respondent burden, invites the general

public and other Federal agencies to

comment on proposed and/or

continuing information collections, as

required by the Paperwork Reduction

Act of 1995, Public Law 104–13 (44

U.S.C. 3506(c)(2)(A)).

DATES: Written comments must be

submitted on or before July 13, 1998.

ADDRESSES: Direct all written comments

to Linda Engelmeier, Departmental

Forms Clearance Officer, Department of

Commerce, Room 5327, 14th and

Constitution Avenue, NW, Washington,

DC 20230.

FOR FURTHER INFORMATION CONTACT:

Requests for additional information or

copies of the information collection

instrument and instructions should be

directed to: R. David Belli, U.S.

Department of Commerce, Bureau of

Economic Analysis, BE–50 (OC),

Washington, DC 20230 (Telephone:

202–606–9800).

SUPPLEMENTARY INFORMATION:

I. Abstract

The BE–82 Annual Survey of

Financial Services Transactions

between U.S. Financial Services

Providers and Unaffiliated Foreign

Persons will obtain data on financial

services transactions between U.S.

financial services providers and

unaffiliated foreign persons and covers

all transactions above a size-exemption

level. 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 and to compile the U.S.

international transactions, input-output,

and national income and product

accounts. BEA is requesting only an

extension of a currently approved

collection and is not proposing any

changes in either language or data

collected.

II. Method of Collection

The survey will be sent each year to

potential respondents in January and

responses are due by March 31. A U.S.

person that is a financial services

provider is required to report if its total

receipts from, or total payments to,

unaffiliated foreign persons for financial

services exceeded $5 million during the

covered year. A U.S. person that

receives a form but is not required to

report data must file an exemption

claim.

III. Data

OMB Number: 0608–0063.

Form Number: BE–82.

Type of Review: Regular submission.

Affected Public: U.S. businesses or

other for-profit institutions engaging in

international financial services

transactions.

Estimated Number of Responses: 425.

Estimated Time Per Response: 7.5

hours.

Estimated Total Annual Burden

Hours: 3,200.

Estimated Total Annual Cost: $96,000

(based on an estimated reporting burden

of 3,200 hours and an estimated hourly

cost of $30).

IV. Request for 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 has practical

utility; (b) the accuracy of the agency’s

estimate of the burden (including hours

and cost) 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

respondents, including through the use

of automated collection techniques or

other forms of information technology.

Comments submitted in response to

this notice will be summarized and/or

included in the request for OMB

approval of this information collection;

they also will become a matter of public

record.

Dated: May 8, 1998.

Linda Engelmeier,

Departmental Forms Clearance Officer, Office

of Management and Organization.

[FR Doc. 98–12822 Filed 5–13–98; 8:45 am]

BILLING CODE 3510–06–P

DEPARTMENT OF COMMERCE

Bureau of the Census

Survey of Income and Program

Participation Wave 9 of the 1996 Panel

ACTION: Proposed collection; comment

request.

SUMMARY: The Department of

Commerce, as part of its continuing

effort to reduce paperwork and

respondent burden, invites the general

public and other Federal agencies to

take this opportunity to comment on

proposed and/or continuing information

collections, as required by the

Paperwork Reduction Act of 1995,

Public Law 104–13 (44 U.S.C.

3506(c)(2)(A)).

DATES: Written comments must be

submitted on or before July 13, 1998.

ADDRESSES: Direct all written comments

to Linda Engelmeier, Departmental

Forms Clearance Officer, Department of

Commerce, Room 5327, 14th and

Constitution Avenue, NW., Washington,

DC 20230.

FOR FURTHER INFORMATION CONTACT:

Requests for additional information or

copies of the information collection

instrument(s) and instructions should

be directed to Michael McMahon,

Bureau of the Census, FOB 3, Room

3319, Washington, DC 20233–0001,

(301) 457–3819.

SUPPLEMENTARY INFORMATION:

I. Abstract

The Census Bureau conducts the

Survey of Income and Program

Participation (SIPP) which is a

household-based survey designed as a

continuous series of national panels,

each lasting four years. Respondents are

interviewed once every four months, in

monthly rotations. Approximately

37,000 households are in the current

panel.

The SIPP represents a source of

information for a wide variety of topics

and allows information for separate

topics to be integrated to form a single,

unified data base so that the interaction

between tax, transfer, and other

government and private policies can be

examined. Government domestic policy

formulators depend heavily upon SIPP

information concerning the distribution

of income received directly as money or

indirectly as in-kind benefits, and the

effect of tax and transfer programs on

this distribution. They also need

improved and expanded data on the

income and general economic and

financial situation of the U.S.

population. The SIPP has provided

these kinds of data on a continuing basis

since 1983, permitting levels of

economic well-being and changes in

these levels to be measured over time.

The survey is molded around a

central ‘‘core’’ of labor force and income

questions that will remain fixed

throughout the life of a panel. The core

is supplemented with questions

designed to answer specific needs, such