Page:United States Statutes at Large Volume 104 Part 3.djvu/997

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PUBLIC LAW 101-533 —NOV. 7, 1990 104 STAT. 2349 request is not made in connection with an investigation under such section 721, the report shall be provided within 60 days after the request. "(2) A report requested under paragraph (1) shall contain the best available information on the extent of foreign direct investment in a given industry, including a breakdown of total investment in the industry, and any foreign government investment in the industry, by country of the foreign owner, and any other information that the Bureau of Economic Analysis or such designee of the President considers relevant. The industry information provided shall be at the most detailed level available of Standard Industrial Classification, subject to the requirements of section 5.". (d) ACCESS TO INFORMATION.— Section 5 of the International Investment and Trade in Services Survey Act (22 U.S.C. 3104) is amended— (1) by redesignating subsection (d) as subsection (e); and (2) by inserting after subsection (c) the following: "(d) The Bureau of the Census of the Department of Commerce is authorized, for purposes of augmenting and improving the quality of \ data collected by the Bureau of the Census, to have, upon written request, access to data relating to business enterprises that is collected directly by the Bureau of Economic Analysis for purposes of this Act. The Bureau of Labor Statistics of the Department of Labor is authorized, for purposes of augmenting and improving the data collected by the Bureau of Labor Statistics, to have access, upon written request, to selected identification information on business enterprises and data on international services transactions, that is collected directly by the Bureau of Economic Analysis for purposes of this Act. Officers and employees of the Bureau of the Census and the Bureau of Labor Statistics shall, for purposes of subsection (c), be deemed to be officials or employees designated to perform functions under this Act.". (e) CONFORMING AMENDMENTS.— Section 5 of the International Investment and Trade in Services Survev Act is amended— (1) in subsection (c)(2) by striking (d)" and inserting "(e)"; and (2) in subsection (e), as redesignated by subsection (d)(1) of this section, by inserting "or (d)" after "(c)". SEC. 7. ACCOUNTABILITY FOR TIMELY REPORTING. (a) AFFIRMATION BY A RESPONSIBLE OFFICER.—Section 5(b) of the International Investment and Trade in Services Survey Act (22 U.S.C. 3104(b)) is amended by adding at the end the following: "When a report under paragraph (2) is furnished under oath, such oath shall be by the officer of such person who is directly responsible for the maintenance and compilation of such information, and shall certify that the report was prepared in accordance with this Act, is complete, and is to such officer s best knowledge and belief, substantially accurate, except in a case in which, in accordance with rules and regulations issued under this Act, estimates have been provided because data are not available from customary accounting records or precise data could not be obtained without undue burden, and the data subject to such estimates has been noted in the report.". (b) CIVIL PENALTIES.— Section 6(a) of the International Investment and Trade in Services Survey Act (22 U.S.C. 3105(a)) is amended by striking "may be subject to a civil penalty not exceeding $10,000" and inserting "shall be subject to a civil penalty of not less than $2,500, and not more than $25,000,".