57220 Federal Register / Vol. 75, No. 181 / Monday, September 20, 2010 / Proposed Rules 

estimated burden hours for a small 

business is about 10 to 25 hours. 

Because a substantial number of small 

businesses are not impacted by this rule, 

and because those small businesses that 

are impacted are subject to only 

minimal recordkeeping burdens, the 

Chief Counsel for Regulation certifies 

that this proposed rule will not have a 

significant economic impact on a 

substantial number of small entities. 

List of Subjects in 15 CFR Part 806 

Economic statistics, Multinational 

corporations, Penalties, Reporting and 

recordkeeping requirements, U.S. 

investment abroad. 

J. Steven Landefeld, 

Director, Bureau of Economic Analysis. 

For the reasons set forth in the 

preamble, BEA proposes to amend 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) and E.O. 12518 (3 CFR, 1985 

Comp., p. 348). 

2. Revise paragraphs (b)(1) and (f)(3) 

of § 806.14 to read as follows: 806.14 

U.S. direct investment abroad. 

* * * * * 

(b) * * * 

(1) The affiliates are in the same BEA 

4-digit industry as defined in the Guide 

to Industry Classifications for 

International Surveys, 2007; or 

* * * * * 

(f) * * * 

(3) BE–11—Annual Survey of U.S. 

Direct Investment Abroad: A report, 

consisting of Form BE–11A and Form(s) 

BE–11B, BE–11C, BE–11D and/or BE– 

11E, is required of each U.S. Reporter 

that, at the end of the Reporter’s fiscal 

year, had a foreign affiliate reportable on 

Form BE–11B, BE–11C, BE–11D or BE– 

11E. Forms required and the criteria for 

reporting on each are as follows: 

(i) Form BE–11A (Report for U.S. 

Reporter) must be filed by each U.S. 

person having a foreign affiliate 

reportable on Form BE–11B, BE–11C, 

BE–11D or BE–11E. If the U.S. Reporter 

is a corporation, Form BE–11A is 

required to cover the fully consolidated 

U.S. domestic business enterprise. 

(A) If for a U.S. Reporter any one of 

the following three items—total assets, 

sales or gross operating revenues 

excluding sales taxes, or net income 

after provision for U.S. income taxes— 

was greater than $300 million (positive 

or negative) at the end of, or for, the 

Reporter’s fiscal year, the U.S. Reporter 

must file a complete Form BE–11A. It 

must also file a Form BE–11B, BE–11C, 

BE–11D or BE–11E, as applicable, for 

each nonexempt foreign affiliate. 

(B) If for a U.S. Reporter no one of the 

three items listed in paragraph 

(f)(3)(i)(A) of this section was greater 

than $300 million (positive or negative) 

at the end of, or for, the Reporter’s fiscal 

year, the U.S. Reporter is required to file 

on Form BE–11A only items 1 through 

26 and Part IV. It must also file a Form 

BE–11B, BE–11C, BE–11D, or BE–11E as 

applicable, for each nonexempt foreign 

affiliate. 

(ii) Forms BE–11B, BE–11C, BE–11D, 

and BE–11E (Report for Foreign 

Affiliate). 

(A) Form BE–11B must be reported for 

each majority-owned foreign affiliate, 

whether held directly or indirectly, for 

which any one of the following three 

items—total assets, sales or gross 

operating revenues excluding sales 

taxes, or net income after provision for 

foreign income taxes—was greater than 

$60 million (positive or negative) at the 

end of, or for, the affiliate’s fiscal year, 

unless the foreign affiliate is selected to 

be reported on Form BE–11E. 

(B) Form BE–11C must be reported for 

each minority-owned foreign affiliate, 

whether held directly or indirectly, for 

which any one of the three items listed 

in paragraph (f)(3)(ii)(A) of this section 

was greater than $60 million (positive or 

negative) at the end of, or for, the 

affiliate’s fiscal year. 

(C) Form BE–11D must be reported for 

majority- or minority-owned foreign 

affiliates, whether held directly or 

indirectly, established or acquired 

during the year for which any one of the 

three items listed in paragraph 

(f)(3)(ii)(A) of this section was greater 

than $25 million (positive or negative), 

but for which no one of these items was 

greater than $60 million (positive or 

negative), at the end of, or for, the 

affiliate’s fiscal year. Form BE–11D is a 

schedule; a U.S. Reporter would submit 

one or more pages of the form 

depending on the number of affiliates 

that are required to be filed on this form. 

(D) Form BE–11E must be reported for 

each foreign affiliate that is selected by 

BEA to be reported on this form in lieu 

of Form BE–11B. BEA statistically 

divides into panels, affiliates for which 

any one of the three items listed in 

paragraph (f)(3)(ii)(A) of this section was 

greater than $60 million (positive or 

negative), but for which no one of these 

items was greater than $300 million 

(positive or negative), at the end of, or 

for, the affiliate’s fiscal year. At the 

direction of BEA, U.S. Reporters would 

alternate reporting these affiliates on 

Form BE–11B and Form BE–11E. 

(iii) Based on the preceding, an 

affiliate is exempt from being reported 

if none of the three items listed in 

paragraph (f)(3)(ii)(A) of this section 

exceeds $60 million (positive or 

negative). However, affiliates that were 

established or acquired during the year 

and for which at least one of the items 

was greater than $25 million but not 

over $60 million must be listed, and key 

items reported, on schedule-type form 

BE–11D. 

(iv) Notwithstanding paragraph 

(f)(3)(iii) of this section, a Form BE–11B, 

BE–11C, or BE–11E must be filed for a 

foreign affiliate of the U.S. Reporter that 

owns another non-exempt foreign 

affiliate of that U.S. Reporter, even if the 

foreign affiliate parent is otherwise 

exempt. That is, all affiliates upward in 

the chain of ownership must be 

reported. 

* * * * * 

[FR Doc. 2010–23428 Filed 9–17–10; 8:45 am] 

BILLING CODE 3510–06–P 

ENVIRONMENTAL PROTECTION 

AGENCY 

40 CFR Part 51 

[EPA–HQ–OAR–2008–0462, FRL–9203–5] 

RIN 2060–AP30 

Rule To Implement the 1997 8-Hour 

Ozone National Ambient Air Quality 

Standard: New Source Review AntiBacksliding Provisions for Former 1- 

Hour Ozone Standard—Public Hearing 

Notice 

AGENCY: Environmental Protection 

Agency (EPA). 

ACTION: Notice of public hearing. 

SUMMARY: The EPA is announcing a 

public hearing to be held for the 

proposed ‘‘Rule to Implement the 1997 

8-Hour Ozone National Ambient Air 

Quality Standard: New Source Review 

Anti-Backsliding Provisions for Former 

1-Hour Ozone Standard’’ which 

published in the Federal Register on 

August 24, 2010. The hearing will be 

held on Tuesday, October 12, 2010, in 

Washington, DC. 

DATES: The public hearing will be held 

on October 12, 2010. 

ADDRESSES: The October 12, 2010, 

hearing will be held at the EPA Ariel 

Rios North building, Room 1332, 1200 

Pennsylvania Avenue, Washington, DC 

20460. The public hearing will convene 

at 9 a.m. (eastern daylight time) and 

continue until 2 p.m. EPA will 

accommodate speakers later than 2 p.m. 


jdjones on DSK8KYBLC1PROD with PROPOSALS-1
Federal Register / Vol. 75, No. 181 / Monday, September 20, 2010 / Proposed Rules 57221 

provided they notify us before October 

8, 2010. The EPA will make every effort 

to accommodate all speakers that arrive 

and register. No lunch break is 

scheduled. Because this hearing is being 

held at U.S. government facilities, 

individuals planning to attend the 

hearing should be prepared to show 

valid picture identification to the 

security staff in order to gain access to 

the meeting room. In addition, you will 

need to obtain a property pass for any 

personal belongings you bring with you. 

Upon leaving the building, you will be 

required to return this property pass to 

the security desk. No large signs will be 

allowed in the building, cameras may 

only be used outside of the building, 

and demonstrations will not be allowed 

on federal property for security reasons. 

The EPA Web site for the rulemaking, 

which includes the proposal and 

information about the public hearing, 

can be found at http://www.epa.gov/nsr. 

FOR FURTHER INFORMATION CONTACT: If 

you would like to present oral testimony 

at the public hearing, please contact Ms. 

Pamela Long, U.S. Environmental 

Protection Agency, Office of Air Quality 

Planning and Standards, Air Quality 

Planning Division, (C504–03), Research 

Triangle Park, NC 27711, telephone 

(919) 541–0641, fax number (919) 541– 

5509, e-mail address: long.pam@epa.gov 

(preferred method for registering), no 

later than 2 business days prior to the 

public hearing. The last day to register 

will be October 8, 2010. If using e-mail, 

please provide the following 

information: Time you wish to speak 

(morning, afternoon), name, affiliation, 

address, e-mail address, and telephone 

and fax numbers. 

Questions concerning the August 24, 

2010 (75 FR 51960), proposed rule 

should be addressed to Mr. David 

Painter, U.S. EPA, Office of Air Quality 

Planning and Standards, New Source 

Review Group, (C504–03), Research 

Triangle Park, NC 27711, telephone 

number (919) 541–5515, e-mail at 

painter.david@epa.gov. 

SUPPLEMENTARY INFORMATION: The 

public hearing is to provide the public 

with an opportunity to present oral 

comments regarding EPA’s proposed 

action to clarify the obligation to retain 

1-hour nonattainment new source 

review (NSR) program requirements for 

certain areas designated nonattainment 

for the 1997 8-hour ozone national 

ambient air quality standard (NAAQS). 

The EPA has proposed to revise the rule 

for implementing the 1997 8-hour ozone 

NAAQS to address how NSR 

requirements that applied by virtue of 

the area’s 1-hour ozone NAAQS 

classification should apply under the 

anti-backsliding provisions of the 1997 

8-hour implementation rule. The 

proposed rule responds to the ruling by 

the U.S. Court of Appeals for the District 

of Columbia Circuit that the 1-hour 

major NSR program, as it applies to 

areas that were designated 1-hour 

nonattainment on the date of 

designation for the 1997 8-hour 

NAAQS, is a required control to prevent 

backsliding. 

Public hearing: The proposal for 

which EPA is holding the public 

hearing was published in the Federal 

Register on August 24, 2010 (75 FR 

51960), and is available at http:// 

www.epa.gov/nsr and also available in 

the docket identified below. The public 

hearing will provide interested parties 

the opportunity to present data, views, 

or arguments concerning the proposal. 

The EPA may ask clarifying questions 

during the oral presentations, but will 

not respond to comments or issues 

raised in the presentations at that time. 

Written statements and supporting 

information submitted during the 

comment period will be considered 

with the same weight as any oral 

comments and supporting information 

presented at the public hearing. Written 

comments on the proposed rule must be 

postmarked by October 1, 2010, which 

is the closing date for the comment 

period, as specified in the proposal for 

the rule. However, the record will 

remain open until November 13, 2010, 

to allow 30 days after the public hearing 

for submittal of additional information 

related to the hearing. 

The hearing schedule, including a list 

of speakers, will be posted on EPA’s 

Web site: http://www.epa.gov/nsr. 

Verbatim transcripts of the hearings and 

written statements will be included in 

the docket for the rulemaking. 

The EPA will make every effort to 

follow the schedule as closely as 

possible on the day of the hearings; 

however, please plan for the hearing to 

run either ahead of schedule or behind 

schedule. 

How can I get copies of this document 

and other related information? 

The EPA has established a docket for 

the ‘‘Proposed Rule to Implement the 

1997 8-Hour Ozone National Ambient 

Air Quality Standard: New Source 

Review Anti-Backsliding Provisions for 

Former 1-Hour Ozone Standard’’ under 

Docket ID No. EPA–HQ–OAR–2008– 

0462 (available at http:// 

www.regulations.gov). 

As stated previously, the proposed 

rule was published in the Federal 

Register on August 24, 2010, and is 

available at http://www.epa.gov/nsr and 

in the previously cited docket. 

Dated: September 14, 2010. 

Mary Henigin, 

Acting Director, Office of Air Quality Planning 

and Standards. 

[FR Doc. 2010–23398 Filed 9–17–10; 8:45 am] 

BILLING CODE 6560–50–P 

ENVIRONMENTAL PROTECTION 

AGENCY 

40 CFR Part 52 

[EPA–R01–OAR–2008–0117; EPA–RO1– 

OAR–2008–0107; EPA–RO1–OAR–2008– 

0445; A–1–FRL–9203–4] 

Approval and Promulgation of Air 

Quality Implementation Plans; 

Connecticut, Massachusetts, and 

Rhode Island; Reasonable Further 

Progress Plans and 2002 Base Year 

Emission Inventories 

AGENCY: Environmental Protection 

Agency (EPA). 

ACTION: Proposed rule. 

SUMMARY: EPA is proposing to approve 

State Implementation Plan revisions 

submitted by the States of Connecticut, 

Massachusetts, and Rhode Island. These 

revisions establish 2002 base year 

emission inventories and reasonable 

further progress emission reduction 

plans for areas within these states 

designated as nonattainment of EPA’s 

1997 8-hour ozone standard. The 

intended effect of this action is to 

propose approval of these states’ 2002 

base year inventories and reasonable 

further progress (RFP) emission 

reduction plans, and to propose 

approval of the 2008 motor vehicle 

transportation budgets and contingency 

measures associated with the RFP plans. 

EPA also proposes approval of three 

rules adopted by Connecticut that will 

reduce volatile organic compound 

emissions in the state. 

DATES: Written comments must be 

received on or before October 20, 2010. 

ADDRESSES: Submit your comments, 

identified by one of the following 

Docket ID Numbers: EPA–R01–OAR– 

2008–0117 for comments pertaining to 

our proposed action for Connecticut, 

EPA–RO1–OAR–2008–0107 for 

comments pertaining to our proposed 

action for Massachusetts, or EPA–RO1– 

OAR–2008–0445 for comments 

pertaining to our proposed action for 

Rhode Island, by one of the following 

methods: 

1. http://www.regulations.gov: Follow 

the on-line instructions for submitting 

comments. 

2. E-mail: arnold.anne@epa.gov. 

3. Fax: (617) 918–0047. 


jdjones on DSK8KYBLC1PROD with PROPOSALS-1