The Department of Commerce will submit to the Office of Management and Budget (OMB) for clearance the following proposal for collection of information under the provisions of the Paperwork Reduction Act (44 U.S.C. Chapter 35).
Agency: Bureau of Economic Analysis (BEA).
Title: Quarterly Survey of Insurance Transactions by U.S. Insurance Companies with Foreign Persons.
OMB Control Number: 0608-0066.
Form Number: BE-45.
Type of Request: Regular submission.
Number of Responses: 2,000 annually (500 filed each quarter; 475 reporting mandatory or voluntary data, and 25 that would not report data).
Average Hours per Response: 8 hours is the average for those reporting data and 1 hour is the average for those not reporting data, but hours may vary considerably among respondents because of differences in company size and complexity.
Estimated Total Annual Burden Hours: 15,300.
Needs and Uses: The Quarterly Survey of Insurance Transactions by U.S. Insurance Companies with Foreign Start Printed Page 39053Persons (BE-45) is a survey that collects data on U.S. trade in insurance services. The information collected on this survey will be used to formulate U.S. international economic policy and analyze the impact of that policy, and the policies of foreign countries, on international trade in services. The data are used in estimating the insurance component of the U.S. international transactions accounts (ITAs) and national income and product accounts (NIPAs).
Affected Public: Businesses or other for-profit organizations.
Respondent's Obligation: Mandatory.
This information collection request may be viewed at www.reginfo.gov. Follow the instructions to view the Department of Commerce collections currently under review by OMB.
Written comments and recommendations for the proposed information collection should be sent within 30 days of publication of this notice to OIRA email@example.com or fax to (202) 395-5806.
Dated: July 1, 2015.
Management Analyst, Office of the Chief Information Officer.
[FR Doc. 2015-16625 Filed 7-7-15; 8:45 am]
BILLING CODE 3510-06-P