Agency Forms Under Review by the Office of Management and Budget

DEPARTMENT OF COMMERCE

Agency Forms Under Review by the Office of Management and Budget

DOC has submitted to the Office of Management and Budget (OMB) for

clearance the following proposals for collection of information under

the provisions of the Paperwork Reduction Act (44 U.S.C. chapter 35).

Agency: Bureau of Economic Analysis.

Title: Benchmark Survey of U.S. Direct Investment Abroad-1994.

Form Number(s): BE-10.

Agency Approval Number: None.

Type of Request: New.

Burden: 451,200 hours.

Number of Respondents: 2,830.

Avg Hours Per Response: 159.4 hours.

Needs and Uses: The purpose of the benchmark survey of U.S. direct

investment abroad is to obtain comprehensive data on the overall

operations of U.S. parent companies and their foreign affiliates, and

on positions and transactions between them. The survey is mandated by

Congress to provide a factual framework for addressing the concerns of

policymakers and the general public about the effects of direct

investment abroad on the U.S. and foreign economies. The data from the

survey will provide benchmarks for deriving current universe estimates

of direct investment from sample data collected in other BEA surveys in

nonbenchmark years. The data are needed to record the size of U.S.

direct investment abroad, measure changes in such investment, and

assess its impact. They are also required for compiling the balance of

payments, international investment position, and national income and

product accounts of the United States.

Affected Public: Businesses or other for-profit institutions.

Frequency: Quinquennially.

Respondent's Obligation: Mandatory.

OMB Desk Officer: Paul Bugg, (202) 395-3093.

Agency: Bureau of Economic Analysis.

Title: Foreign Airline Operators' Revenue and Expenses in the

United States.

Form Number(s): BE-36.

Agency Approval Number: 0608-0013.

Type of Request: Extension of the expiration date of a currently

approved collection.

Burden: 325 hours.

Number of Respondents: 65.

Avg Hours Per Response: 5 hours.

Needs and Uses: The survey is required in order to obtain

comprehensive data concerning foreign air carriers' revenues and

expenses in the United States. The data are needed primarily to compile

U.S. international accounts.

Affected Public: Businesses or other for-profit institutions

(foreign airline companies).

Frequency: Annually.

Respondent's Obligation: Mandatory.

OMB Desk Officer: Paul Bugg, (202) 395-3093.

Agency: Bureau of Economic Analysis.

Title: Ocean Freight Revenues and Foreign Expenses of United States

Carriers; and U.S. Airline Operators' Foreign Revenues and Expenses.

Form Number(s): BE-30 and BE-37.

Agency Approval Number: 0608-0011.

Type of Request: Extension of the expiration date of a currently

approved collection.

Burden: 1,088 hours.

Number of Respondents: 58.

Avg Hours Per Response: 9 hours.

Needs and Uses: The BE-30 is required in order to obtain

comprehensive data concerning United States ocean carriers' freight

revenues and foreign expenses. The BE-37 is required to obtain

comprehensive data concerning United States airline operators' foreign

revenues and expenses. The data from both surveys are needed primarily

to compile U.S. international accounts.

Affected Public: Businesses or other for-profit institutions (U.S.

ocean carriers and U.S. airline operators).

Frequency: Quarterly.

Respondent's Obligation: Mandatory.

OMB Desk Officer: Paul Bugg, (202) 395-3093.

Agency: Bureau of Economic Analysis.

Title: Foreign Ocean Carriers' Expenses in the United States.

Form Number(s): BE-29.

Agency Approval Number: 0608-0012.

Type of Request: Extension of the expiration date of a currently

approved collection.

Burden: 520 hours.

Number of Respondents: 130.

Avg Hours Per Response: 4 hours.

Needs and Uses: The survey is required in order to obtain

comprehensive data concerning foreign ocean carriers' expenses in the

United States. The data are needed primarily to compile U.S.

international accounts.

Affected Public: Businesses or other for-profit institutions

(foreign carriers' U.S. agents).

Frequency: Annually.

Respondent's Obligation: Mandatory.

OMB Desk Officer: Paul Bugg, (202) 395-3093.

Copies of the above information collection proposals can be

obtained by calling or writing Gerald Tache, DOC Forms Clearance

Officer, (202) 482-3271, Department of Commerce, room 5312, 14th and

Constitution Avenue, NW, Washington, DC 20230.

Written comments and recommendations for the proposed information

collections should be sent to Paul Bugg, OMB Desk Officer, room 10201,

New Executive Office Building, Washington, DC 20503.

Dated: August 30, 1994.

Gerald Tache,

Departmental Forms Clearance Officer, Office of Management and

Organization.

[FR Doc. 94-21828 Filed 9-2-94; 8:45 am]

BILLING CODE 3510-CW-F