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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:
0608-0035
ICR Reference No:
202204-0608-001
Status:
Historical Inactive
Previous ICR Reference No:
202004-0608-006
Agency/Subagency:
DOC/EASA
Agency Tracking No:
BE-13 2022
Title:
BE-13, Survey of New Foreign Direct Investment in the United States
Type of Information Collection:
Revision of a currently approved collection
Common Form ICR:
Yes
Type of Review Request:
Regular
OIRA Conclusion Action:
Preapproved
Conclusion Date:
08/26/2022
Retrieve Notice of Action (NOA)
Date Received in OIRA:
06/28/2022
Terms of Clearance:
Inventory as of this Action
Requested
Previously Approved
Expiration Date
08/31/2025
36 Months From Approved
10/31/2022
Responses
2,810
0
2,400
Time Burden (Hours)
3,027
0
2,546
Cost Burden (Dollars)
0
0
0
Abstract:
The BE-13, Survey of New Foreign Direct Investment in the United States, collects information on the acquisition and establishment of U.S. business enterprises by foreign investors and on expansions by existing U.S. affiliates of foreign companies. The data collected through the survey are used to measure the amount of new foreign direct investment in the United States and assess its impact on the U.S. economy. The survey also ensures complete coverage of BEA’s other foreign direct investment statistics. The survey is authorized by the International Investment and Trade in Services Survey Act.
Authorizing Statute(s):
US Code:
22 USC 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-AA92
Proposed rulemaking
87 FR 38311
06/28/2022
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
Survey of New Foreign Direct Investment in the United States
BE-13A, BE-13B, BE-13D, BE-13E, BE-13 Claim for Exemption
Report for Acquisition of a U.S. Business Enterprise
,
Report for Establishment of a New U.S. Business Enterprise
,
Report for the Expansion of an Existing U.S. Affiliate
,
Cost Update for Projects Originally Reported on Forms BE-13B and BE-13D
,
BE-13 Claim for Exemption
ICR Summary of Burden
Total Request
Previously Approved
Change Due to New Statute
Change Due to Agency Discretion
Change Due to Adjustment in Estimate
Change Due to Potential Violation of the PRA
Annual Number of Responses
2,810
2,400
0
410
0
0
Annual Time Burden (Hours)
3,027
2,546
0
481
0
0
Annual Cost Burden (Dollars)
0
0
0
0
0
0
Burden increases because of Program Change due to Agency Discretion:
Yes
Burden Increase Due to:
Miscellaneous Actions
Burden decreases because of Program Change due to Agency Discretion:
No
Burden Reduction Due to:
Short Statement:
The increase in the estimated respondent burden of 480 hours (3,027 hours – 2,547 hours) is due entirely to an increase in the number of U.S. entities that meet the reporting requirements of the BE-13 survey, partially offset by a reduction in the number of BE-13E forms expected to be filed due to the proposed change to only collect that form for 3 years after the project was initiated rather than until completion.
Annual Cost to Federal Government:
$1,725,000
Does this IC contain surveys, censuses, or employ statistical methods?
Yes
Part B of Supporting Statement
Does this ICR request any personally identifiable information (see
OMB Circular No. A-130
for an explanation of this term)? Please consult with your agency's privacy program when making this determination.
No
Does this ICR include a form that requires a Privacy Act Statement (see
5 U.S.C. §552a(e)(3)
)? Please consult with your agency's privacy program when making this determination.
No
Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]?
No
Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]?
No
Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)?
No
Is this ICR related to the Pandemic Response?
No
Agency Contact:
Ricardo Limes 301 278-9659 ricardo.limes@bea.gov
Common Form ICR:
Yes
Description/Changes for Common Form Usage:
Approved RCFs using this ICR
Agency/Sub Agency
RCF ID
RCF Title
RCF Status
IC Title
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:
06/28/2022
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