Survey of New Foreign Direct Investment in the United States

Forms and Documents

Document Name	Status

No forms / supporting documents in this ICR. Check IC Document Collections.

IC Document Collections

IC ID	Document Title	Status
3714	Survey of New Foreign Direct Investment in the United States	Modified

ICR Details

OMB Control No: 0608-0035	ICR Reference No: 201405-0608-001
Status: Historical Inactive	Previous ICR Reference No: 200607-0608-007
Agency/Subagency: DOC/EASA	Agency Tracking No: 200607-0608-001
Title: Survey of New Foreign Direct Investment in the United States
Type of Information Collection: Reinstatement with change of a previously approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Preapproved	Conclusion Date: 10/29/2014
	Date Received in OIRA: 08/19/2014
Terms of Clearance: Prior to the commencement of the Survey of New Foreign Direct Investment in the United Statesforms distribution, the Bureau of Economic Analysis shall provide on its Internet site prominent links to a set of finalized survey forms, including instructions and cover letters. The final forms and letters shall reflect any changes in the survey year, OMB number expiration date, and BEA leadership from those submitted for review. Subsequent 0608-0035 supporting statements shall clarify the timing and level of expected response rates for the BE-13.

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	10/31/2017	36 Months From Approved
Responses	1,350	0	0
Time Burden (Hours)	2,160	0	0
Cost Burden (Dollars)	0	0	0

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Abstract: The BE-13 survey collects information on the cost of new foreign direct investments in the United States, limited financial and operating data for the U.S. enterprises established, acquired, or expanded and identification information about the U.S. enterprise and the new foreign owner(s). Data from the BE-13 survey will identify new U.S. affiliates that should be included in BEA's estimates of foreign direct investment in the United States. The information is needed to update data on the universe of U.S. affiliates to ensure that it is complete, and to determine whether the new affiliates meet reporting criteria for related benchmark, annual, and quarterly surveys of foreign direct investment conducted by BEA.

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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

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
0691-AA82	Final or interim final rulemaking

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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
Survey of New Foreign Direct Investment in the United States	BE-13D, BE-13A, BE-13 Claim , BE-13E, BE-13B, BE-13C

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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	1,350	0	0	1,350	0	0
Annual Time Burden (Hours)	2,160	0	0	2,160	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: This request is for a reinstatement, with change, of a previously approved collection. Currently, there are no burden hours for the BE-13 survey in the inventory maintained by OMB. Therefore, the estimated burden of 2,160 hours is shown entirely as a program change.

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Annual Cost to Federal Government: $950,000

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]? 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? 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: 08/19/2014

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