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Please note that the OMB number and expiration date may not have been determined when this Information Collection Request and associated Information Collection forms were submitted to OMB. The approved OMB number and expiration date may be found by clicking on the Notice of Action link below.
View ICR - OIRA Conclusion
OMB Control No:
0608-0053
ICR Reference No:
200808-0608-001
Status:
Historical Inactive
Previous ICR Reference No:
200712-0608-001
Agency/Subagency:
DOC/EASA
Agency Tracking No:
2008 BE-11
Title:
Annual Survey of U.S. Direct Investment Abroad
Type of Information Collection:
Revision of a currently approved collection
Common Form ICR:
No
Type of Review Request:
Regular
OIRA Conclusion Action:
Comment filed on proposed rule and continue
Conclusion Date:
11/20/2008
Retrieve Notice of Action (NOA)
Date Received in OIRA:
09/17/2008
Terms of Clearance:
In accordance with 5 CFR 1320, OMB is not approving the ICR at this time. Prior to publication of the associated final rule, the agency must provide to OMB a summary of all comments related to the information collection and a summary of the changes made in response to these comments.
Inventory as of this Action
Requested
Previously Approved
Expiration Date
11/30/2010
36 Months From Approved
11/30/2010
Responses
1,550
0
1,550
Time Burden (Hours)
122,915
0
122,915
Cost Burden (Dollars)
0
0
0
Abstract:
The data collected on the BE-11 survey provide a variety of measures of the overall opertions of U.S. parent companies and their foreign affiliates. The data are needed to measure the size and economic significance of U.S. direct investment abroad, measure changes in such investment and assess it's impact on the U.S. and foreign economics.
Authorizing Statute(s):
PL:
Pub.L. 94 - 472 3101-3108
Name of Law: International Investment and Trade in Services Survey Act
Citations for New Statutory Requirements:
None
Associated Rulemaking Information
RIN:
Stage of Rulemaking:
Federal Register Citation:
Date:
0691-AA66
Proposed rulemaking
73 FR 52802
09/11/2008
Federal Register Notices & Comments
Did the Agency receive public comments on this ICR?
No
Number of Information Collection (IC) in this ICR:
1
IC Title
Form No.
Form Name
Annual Survey of U.S. Direct Investment Abroad
BE-11B(SF), BE-11A, BE-11B(LF), BE-11B(EZ), BE-11C, BE-11B(FN)
BE-11B(FN)
,
BE-11B(SF)
,
BE-11C
,
BE-11B(LF)
,
BE-11B(EZ)
,
BE-11A
Burden increases because of Program Change due to Agency Discretion:
No
Burden Increase Due to:
Burden decreases because of Program Change due to Agency Discretion:
Yes
Burden Reduction Due to:
Changing Regulations
Short Statement:
In order to align BEA's survey program with available resources, which have declined as a result of a recent reduction in its budget, BEA proposes changes in the reporting criteria, which resulted in a program change decrease. The adjustment increase is associated with growth in the number and average size of U.S. parent companies and foreign affiliates since the previously approved survey.
Annual Cost to Federal Government:
$2,750,000
Does this IC contain surveys, censuses, or employ statistical methods?
Yes
Part B of Supporting Statement
Is the Supporting Statement intended to be a Privacy Impact Assessment required by the E-Government Act of 2002?
No
Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]?
Uncollected
Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]?
Uncollected
Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)?
Uncollected
Is this ICR related to the Pandemic Response?
Uncollected
Agency Contact:
David Galler 202-606-9835 David.Galler@bea.gov
Common Form ICR:
No
On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
(a) It is necessary for the proper performance of agency functions;
(b) It avoids unnecessary duplication;
(c) It reduces burden on small entities;
(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;
(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;
(f) It indicates the retention periods for recordkeeping requirements;
(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control number;
(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.
(i) It uses effective and efficient statistical survey methodology (if applicable); and
(j) It makes appropriate use of information technology.
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.
Certification Date:
09/17/2008
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