Benchmark Survey of Foreign Direct Investment in the United States - 2007

Forms and Documents

Document Name	Status
Form BE-12(SF) Benchmark Survey of Foreign Direct Investment in the United States - 2007 Form and Instruction	Modified
Attachment_4.doc Supplementary Document	2007-08-02
Attachment_3.pdf Supplementary Document	2007-08-02
Attachment_2.doc Supplementary Document	2007-08-02
Attachment_1.doc Supplementary Document	2007-08-02
Support_Statemnt_B_only_final.doc Supporting Statement B	2007-09-28
Support_Statemnt_A_only_final.doc Supporting Statement A	2007-09-28

IC Document Collections

IC ID	Document Title	Status
3716	Benchmark Survey of Foreign Direct Investment in the United States - 2007 Form and Instruction	Modified

ICR Details

OMB Control No: 0608-0042	ICR Reference No: 200801-0608-001
Status: Historical Active	Previous ICR Reference No: 200211-0608-001
Agency/Subagency: DOC/EASA	Agency Tracking No: 200711-0608-001
Title: Benchmark Survey of Foreign Direct Investment in the United States - 2007
Type of Information Collection: Reinstatement with change of a previously approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 01/03/2008
	Date Received in OIRA: 01/03/2008
Terms of Clearance: The Bureau of Economic Analysis will request a no material/nonsubstantive change to a currently approved collection through ROCIS as soon as it modifies and finalizes the complete set of IC forms/documents for the Benchmark Survey of Foreign Direct Investment in the United States and before they are used to collect information from the public. The documents preapproved for this ICR are those with the latest date for each individual document type.

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	11/30/2010	36 Months From Approved
Responses	18,550	0	0
Time Burden (Hours)	209,650	0	0
Cost Burden (Dollars)	0	0	0

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Abstract: The Benchmark Survey of Foreign Direct Investment in the United States obtains universe data on the financial and operating characteristics of U.S. affiliates of foreign companies, and on positions and transactions between U.S. affiliates and their foreign parent groups. These data are needed to measure the size and economic significance of foreign direct investment in the United States, to measure changes in such investment, and to assess its impact on the U.S. economy.

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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

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
0691-AA64	Final or interim final rulemaking	72 FR 72917	12/26/2007

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Federal Register Notices & Comments

Did the Agency receive public comments on this ICR? No

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Number of Information Collection (IC) in this ICR: 1

IC Title	Form No.	Form Name
Benchmark Survey of Foreign Direct Investment in the United States - 2007	BE-12(LF), BE-12(SF), BE-12-Bank, BE-12 Mini, BE-12 Claim for Not Filing	BE-12 (SF) ,   BE-12(LF) ,   BE-12 Bank ,   BE-12 Mini ,   BE-12 Claim for Not Filing

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ICR Summary of Burden

	Total Approved	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	18,550	0	0	18,550	0	0
Annual Time Burden (Hours)	209,650	0	0	209,650	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: Changing Regulations

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement: The increase in burden largely reflects growth in the number and average size of foreign owned U.S. firms.

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Annual Cost to Federal Government: $3,000,000

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

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Common Form ICR:  No

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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: 10/02/2007

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