[Federal Register Volume 80, Number 205 (Friday, October 23, 2015)]
[Notices]
[Pages 64507-64508]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-26909]
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DEPARTMENT OF THE TREASURY
Proposed Collection; Comment Request; Office of Investment
Security
AGENCY: Departmental Offices, Department of the Treasury.
ACTION: Notice and request for comments.
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SUMMARY: The Department of the Treasury, as part of its continuing
effort to reduce paperwork and respondent burden, invites the general
public and other Federal agencies to take this opportunity to comment
on continuing information collections, as required by the Paperwork
Reduction Act of 1995, Public Law 104-13 (44 U.S.C. 3506(c)(2)(A)).
Currently, the Office of Investment Security, within the Department of
the Treasury, is soliciting comments concerning the information
collection provisions of the Regulations Pertaining to Mergers,
Acquisitions and Takeovers by Foreign Persons, 31 CFR 800.402.
DATES: Written comments must be received on or before December 22, 2015
to be assured of consideration.
ADDRESSES: Direct all written comments to Stephen Hanson, Director,
Office of Investment Security, Department of the Treasury, 1500
Pennsylvania Avenue NW., Room 5221, Washington, DC 20220;
[email protected].
FOR FURTHER INFORMATION CONTACT: Requests for additional information
should be directed to Justin Huff, Office of Investment Security,
Department of the Treasury, 1500 Pennsylvania Avenue NW., Washington,
DC 20220; (202) 622-6133.
SUPPLEMENTARY INFORMATION:
OMB Number: 1505-0121.
Title: Regulations Pertaining to Mergers, Acquisitions and
Takeovers by Foreign Persons.
Abstract: The information request in this proposed collection is
contained in 31 CFR 800.402. The information collected under these
regulations is used by the Committee on Foreign Investment in the
United States (CFIUS), an inter-agency committee chaired by the
Secretary of the Treasury and comprised of the Secretaries of State,
Defense, Treasury, Commerce, Homeland Security, Energy, and Labor; the
Attorney General; the U.S. Trade Representative; and the Directors of
National Intelligence and the Office of Science and Technology Policy.
CFIUS, on behalf of the President, is authorized under section 721 of
the Defense Production Act of 1950 to conduct reviews to determine the
effects on the national security of transactions proposed or pending
after the date of enactment (August 23, 1988) by or with foreign
persons that could result in foreign control of any person engaged in
interstate commerce in the United States (``covered transactions'').
Current Actions: Revision of a currently approved collection.
Affected Public: Parties to mergers, acquisitions, and takeovers of
U.S businesses.
Estimated Number of Responses: 130.
Estimated Time per Respondent: This varies, depending on individual
circumstances, with an average of 116 hours.
[[Page 64508]]
Estimated Total Annual Burden Hours: 15,080 hours.
Reason for change: There is an adjustment in the number of
respondents from 105 to 130.
Requests for Comments: Comments submitted in response to this
notice will be summarized and/or included in the request for OMB
approval. All comments will become a matter of public record. Comments
are invited on: (a) Whether the collection of information is necessary
for the proper performance of the functions of the agency, including
whether the information shall have practical utility; (b) the accuracy
of the agency's estimate of the burden of the collection of
information; (c) ways to enhance the quality, utility, and clarity of
the information to be collected; (d) ways to minimize the burden of the
collection of information on respondents, including through use of
automated collection techniques or other forms of information
technology; and (e) estimates of capital or start-up costs and costs of
operation, maintenance, and purchase of services to provide
information.
Dated: October 19, 2015.
Dawn D. Wolfgang,
Treasury PRA Clearance Officer.
[FR Doc. 2015-26909 Filed 10-22-15; 8:45 am]
BILLING CODE 4810-25-P