Agency Information Collection Activities; Proposals, Submissions, and Approvals:

Federal Register: December 3, 2010 (Volume 75, Number 232)

Notices

Page 75453-75454

From the Federal Register Online via GPO Access [wais.access.gpo.gov]

DOCID:fr03de10-25

DEPARTMENT OF COMMERCE

Bureau of Industry and Security

Proposed Information Collection; Comment Request; Five-Year

Records Retention Requirement for Export Transactions and Boycott

Actions

AGENCY: Bureau of Industry and Security.

ACTION: Notice.

SUMMARY: The Department of Commerce, 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 proposed and/or continuing information collections, as required by the

Paperwork Reduction Act of 1995.

DATES: Written comments must be submitted on or before February 1, 2011.

ADDRESSES: Direct all written comments to Diana Hynek, Departmental

Paperwork Clearance Officer, Department of Commerce, Room 6616, 14th and Constitution Avenue, NW., Washington, DC 20230 (or via the Internet at dHynek@doc.gov).

FOR FURTHER INFORMATION CONTACT: Requests for additional information or copies of the information collection instrument and instructions should be directed to Larry Hall, BIS ICB Liaison, (202) 482-4895, lhall@bis.doc.gov.

SUPPLEMENTARY INFORMATION:

1. Abstract

   All parties involved in export transactions and the U.S. party involved in a boycott action are required to maintain records of these activities for a period of five years. These records can include memoranda, correspondence, contracts, invitations to bid, books of account, financial records, restrictive trade practice or boycott documents and reports. The five-year record retention period corresponds with the five-year statute of limitations for criminal actions brought under the Export Administration Act of 1979 and predecessor acts, and the five-year statute for administrative compliance proceedings. Without this authority, potential violators could discard records demonstrating violations of the Export

   Administration Regulations prior to the expiration of the five-year statute of limitations.

2. Method of Collection

   Recordkeeping requirement. No information is provided to BIS.

3. Data

   OMB Control Number: 0694-0096.

   Form Number(s): None.

   Type of Review: Regular submission.

   Affected Public: Business or other for-profit organizations.

   Estimated Number of Respondents: 84,001,108

   Estimated Time per Response: 1 second to 1 minute.

   Estimated Total Annual Burden Hours: 251.

   Estimated Total Annual Cost to Public: $0.

4. Request for Comments

   Comments are invited on: (a) Whether the proposed collection of information is necessary for the proper performance

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   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 (including hours and cost) of the proposed collection of information; (c) ways to enhance the quality, utility, and clarity of the information to be collected; and (d) ways to minimize the burden of the collection of information on respondents, including through the use of automated collection techniques or other forms of information technology.

   Comments submitted in response to this notice will be summarized and/or included in the request for OMB approval of this information collection; they also will become a matter of public record.

   Dated: November 30, 2010.

   Gwellnar Banks,

   Management Analyst, Office of the Chief Information Officer.

   FR Doc. 2010-30332 Filed 12-2-10; 8:45 am

   BILLING CODE 3510-33-P