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DEPARTMENT OF COMMERCE transfers to foreign residents and of the functions of the agency, including
organizations and their expenditures in whether the information will have
Bureau of Economic Analysis foreign countries. The information is practical utility; (b) the accuracy of the
collected on a quarterly basis from agency’s estimate of burden (including
Proposed Information Collection; organizations remitting $1 million or hours and cost) of the proposed
Comment Request; Institutional more each year and annually for collection of information; (c) ways to
Remittances to Foreign Countries organizations remitting at least $100,000 enhance the quality, utility, and clarity
ACTION: Notice. but less than $1 million each year. of the information to be collected; and
Organizations with remittances of less (d) ways to minimize the burden of the
SUMMARY: The Department of than $100,000 in the year covered by the collection of information on
Commerce, as part of its continuing report are exempt from reporting. The respondents, including through the use
effort to reduce paperwork and survey is voluntary. of automated collection techniques or
respondent burden, invites the general BEA proposes the following changes other forms of information technology.
public and other Federal agencies to to the form and instructions: (1) Increase Comments submitted in response to
comment on proposed and/or the reporting threshold from $25,000 to this notice will be summarized and/or
continuing information collections, as $100,000; (2) request that organizations included in the request for OMB
required by the Paperwork Reduction only report by country if amounts approval of this information collection;
Act of 1995, Public Law 104–13 (44 remitted to a particular country exceed they also will become a matter of public
U.S.C. 3506(c)(2)(A)). $10,000; and record.
DATES: Written comments must be (3) update the list of pre-printed
countries on the form and add space for Dated: August 2, 2007.
submitted on or before 5 p.m. October
9, 2007. respondents to enter information on Gwellnar Banks,
ADDRESSES: Direct all written comments remittances to countries that do not Management Analyst, Office of the Chief
appear on the pre-printed list. The Information Officer.
to Diana Hynek, Departmental
Paperwork Clearance Officer, overall respondent burden will not [FR Doc. E7–15400 Filed 8–7–07; 8:45 am]
Department of Commerce, Room 6625, change. BILLING CODE 3510–EA–P
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44490 Federal Register / Vol. 72, No. 152 / Wednesday, August 8, 2007 / Notices
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