Proposed Collection; Comment Request, 20139-20140 [E6-5859]

Download as PDF cchase on PROD1PC60 with NOTICES Federal Register / Vol. 71, No. 75 / Wednesday, April 19, 2006 / Notices in Sections I.C., I.D., or I.E. was determined in accordance with section 5 of the VFC Program. D. The terms of a transaction described in Sections I.B., I.C., I.D., I.E., or I.F., were at least as favorable to the plan as the terms generally available in arm’s-length transactions between unrelated parties. E. With respect to any transaction described in Section I., the transaction was not part of an agreement, arrangement or understanding designed to benefit a disqualified person. F. (1) With respect to any transaction described in Section I., the applicant has not taken advantage of the relief provided by the VFC Program and this exemption for a similar type of transaction(s) identified in the current application during the period which is three years prior to submission of the current application. (2) Notwithstanding the foregoing, Section II.F.(1) shall not apply to an applicant provided that: (a) The applicant was a broker-dealer registered under the Securities Exchange Act of 1934, a bank supervised by the United States or a State thereof, a broker-dealer or bank subject to foreign government regulation, an insurance company qualified to do business in a State, or an affiliate thereof; (b) The applicant was a disqualified person (including a fiduciary) solely by reason of providing services to the plan or solely by reason of a relationship to such service provider described in section 4975(e)(2)(F) and (G) of the Code; (c) Neither the applicant nor any affiliate (i) was a fiduciary (within the meaning of section 3(21)(A) of ERISA and 4975(e)(3)of the Code) with respect to the assets of the plan involved in the transaction and (ii) used its discretion to cause the plan to engage in the transaction; (d) Individuals acting on behalf of the applicant had no actual knowledge or reason to know that the transaction was not exempt pursuant to a statutory or administrative exemption under ERISA and/or the Code; and (e) Prior to the transaction, the applicant established written policies and procedures that were reasonably designed to ensure compliance with the prohibited transaction rules and the applicant engaged in periodic monitoring for compliance. G. With respect to a transaction involving a sale of an illiquid asset under the VFC Program described in Section I.E., the plan paid no brokerage fees, or commissions in connection with the sale of the asset. VerDate Aug<31>2005 17:09 Apr 18, 2006 Jkt 208001 H. With respect to any transaction described in Section I.F., the amount of plan assets involved in the transaction or series of related transactions did not, in the aggregate, exceed the lesser of $10,000 or 5% of the fair market value of all the assets of the plan at the time of the transaction. Section III. Compliance With the VFC Program A. The applicant has met all of the applicable requirements of the VFC Program. B. EBSA has issued a no action letter to the applicant pursuant to the VFC Program with respect to a transaction described in Section I. Section IV. Notice A. Written notice of the transaction(s) for which the applicant is seeking relief pursuant to the VFC Program, and this exemption, and the method of correcting the transaction, was provided to interested persons within 60 calendar days following the date of the submission of an application under the VFC Program. A copy of the notice was provided to the appropriate Regional Office of the United States Department of Labor, Employee Benefits Security Administration, within the same 60-day period, and the applicant indicated the date upon which notice was distributed to interested persons. Plan assets were not used to pay for the notice. The notice included an objective description of the transaction and the steps taken to correct it, written in a manner reasonably calculated to be understood by the average Plan participant or beneficiary. The notice provided for a period of 30 calendar days, beginning on the date the notice was distributed, for interested persons to provide comments to the appropriate Regional Office. The notice included the address and telephone number of such Regional Office. B. Notice was given in a manner that was reasonably calculated, taking into consideration the particular circumstances of the plan, to result in the receipt of such notice by interested persons, including but not limited to posting, regular mail, or electronic mail, or any combination thereof. The notice informed interested persons of the applicant’s participation in the VFC Program as amended and intention of availing itself of relief under the exemption. C. Notwithstanding the foregoing, Section IV.A. and B. shall not apply to a transaction described in Section I.A., provided that (i) the applicant under the VFC Program has met all of the other Program requirements; (ii) the amount PO 00000 Frm 00073 Fmt 4703 Sfmt 4703 20139 of the excise tax that otherwise would be imposed by section 4975 of the Code with respect to any transaction(s) described in Section I.A. would be less than or equal to $100.00; (iii) the amount of the excise tax that otherwise would be imposed by section 4975 of the Code was paid to the plan and allocated to the participants and beneficiaries in the same manner as provided under the plan with respect to plan earnings; and (iv) the applicant under the VFC Program provides a copy of a completed IRS Form 5330 or written documentation containing the information required by IRS Form 5330 and proof of payment with the submission of the application to the appropriate EBSA Regional Office. For the sole purpose of determining whether the excise tax due under section 4975 of the Code on the ‘‘amount involved’’ with respect to the prohibited transaction involving the failure to timely transmit participant contributions and loan repayments is less than or equal to $100, an applicant may calculate the excise tax due based upon the Lost Earnings amount computed using the Online Calculator. Signed at Washington, DC, this 12th day of April, 2006. Ivan L. Strasfeld, Director of Exemption Determinations, Employee Benefits Security Administration, U.S. Department of Labor. [FR Doc. 06–3675 Filed 4–18–06; 8:45 am] BILLING CODE 4510–29–P DEPARTMENT OF LABOR Bureau of Labor Statistics Proposed Collection; Comment Request ACTION: Notice. SUMMARY: The Department of Labor, as part of its continuing effort to reduce paperwork and respondent burden, conducts a pre-clearance consultation program to provide the general public and Federal agencies with an opportunity to comment on proposed and/or continuing collections of information in accordance with the Paperwork Reduction Act of 1995 (PRA95) [44 U.S.C. 3506(c)(2)(A)]. This program helps to ensure that requested data can be provided in the desired format, reporting burden (time and financial resources) is minimized, collection instruments are clearly understood, and the impact of collection requirements on respondents can be properly assessed. Currently, the Bureau of Labor Statistics (BLS) is soliciting E:\FR\FM\19APN1.SGM 19APN1 20140 Federal Register / Vol. 71, No. 75 / Wednesday, April 19, 2006 / Notices comments concerning the proposed revision of the ‘‘Consumer Price Index Housing Survey.’’ A copy of the proposed information collection request (ICR) can be obtained by contacting the individual listed below in the Addresses section of this notice. DATES: Written comments must be submitted to the office listed in the Addresses section below on or before June 19, 2006. ADDRESSES: Send comments to Amy A. Hobby, BLS Clearance Officer, Division of Management Systems, Bureau of Labor Statistics, Room 4080, 2 Massachusetts Avenue, NE., Washington, DC 20212, telephone 202– 691–7628. (This is not a toll free number.) FOR FURTHER INFORMATION CONTACT: Amy A. Hobby, BLS Clearance Officer, telephone 202–691–7628. (See ADDRESSES Section.) SUPPLEMENTARY INFORMATION: I. Background The Consumer Price Index (CPI) is the timeliest instrument compiled by the U.S. Government that is designed to measure changes in the purchasing power of the urban consumer’s dollar. The CPI is used most widely as a measure of inflation, and is used in the formulation of economic policy. It also is used as a deflator of other economic series, that is, to adjust other series for price changes and to translate these series into inflation-free dollars. II. Current Action Office of Management and Budget clearance is being sought for the CPI Housing Survey. This request addresses both the ongoing collection activities associated with compilation of the shelter component of the Consumer Price Index and the beginning of a project to revise and update the CPI sample of rental units for which rents are collected over time. The CPI continues to utilize electronic technology in the collection of data. Field representatives use hand-held pen computers and electronically collect and transmit data back to Washington, DC. cchase on PROD1PC60 with NOTICES III. Desired Focus of Comments The Bureau of Labor Statistics is particularly interested in comments that: • Evaluate whether the proposed collection of information is necessary for the proper performance of the functions of the agency, including whether the information will have practical utility; VerDate Aug<31>2005 17:09 Apr 18, 2006 Jkt 208001 • Evaluate the accuracy of the agency’s estimate of the burden of the proposed collection of information, including the validity of the methodology and assumptions used; • Enhance the quality, utility, and clarity of the information to be collected; and • Minimize the burden of the collection of information on those who are to respond, including through the use of appropriate automated, electronic, mechanical, or other technological collection techniques or other forms of information technology, e.g., permitting electronic submissions of responses. Type of Review: Revision. Agency: The Bureau of Labor Statistics. Title: CPI Housing Survey. OMB Number: 1220–0163. Affected Public: Individuals or households; business or other for-profit. Total Respondents: 88,234. Frequency: Semi-annually. Total Responses: 114,351. Average Time Per Response: 6 minutes. Estimated Total Burden Hours: 11,652 hours. Total Burden Cost (capital/startup): $0. Total Burden Cost (operating/ maintenance): $0. Comments submitted in response to this notice will be summarized and/or included in the request for Office of Management and Budget approval of the information collection request; they also will become a matter of public record. Signed at Washington, DC, this 11th day of April 2006. Cathy Kazanowski, Chief, Division of Management Systems, Bureau of Labor Statistics. [FR Doc. E6–5859 Filed 4–18–06; 8:45 am] BILLING CODE 4510–24–P NATIONAL FOUNDATION ON THE ARTS AND THE HUMANITIES Meetings of Humanities Panel The National Endowment for the Humanities. ACTION: Notice of meetings. AGENCY: SUMMARY: Pursuant to the provisions of the Federal Advisory Committee Act (Pub. L. 92–463, as amended), notice is hereby given that the following meetings of Humanities Panels will be held at the Old Post Office, 1100 Pennsylvania Avenue, NW., Washington, DC 20506. FOR FURTHER INFORMATION CONTACT: Heather Gottry, Acting Advisory PO 00000 Frm 00074 Fmt 4703 Sfmt 4703 Committee Management Officer, National Endowment for the Humanities, Washington, DC 20506; telephone (202) 606–8322. Hearingimpaired individuals are advised that information on this matter may be obtained by contacting the Endowment’s TDD terminal on (202) 606–8282. SUPPLEMENTARY INFORMATION: The proposed meetings are for the purpose of panel review, discussion, evaluation and recommendation on applications for financial assistance under the National Foundation on the Arts and the Humanities Act of 1965, as amended, including discussion of information given in confidence to the agency by the grant applicants. Because the proposed meetings will consider information that is likely to disclose trade secrets and commercial or financial information obtained from a person and privileged or confidential and/or information of a personal nature the disclosure of which would constitute a clearly unwarranted invasion of personal privacy, pursuant to authority granted me by the Chairman’s Delegation of Authority to Close Advisory Committee meetings, dated July 19, 1993, I have determined that these meetings will be closed to the public pursuant to subsections (c)(4), and (6) of section 552b of Title 5, United States Code. 1. Date: May 1, 2006. Time: 9 a.m. to 5 p.m. Room: 315. Program: This meeting will review applications for Landmarks of American History and Culture: Workshops for Community College Faculty, submitted to the Division of Education Programs at the March 15, 2006 deadline. 2. Date: May 3, 2006. Time: 9 to 5 p.m. Room: 315. Program: This meeting will review applications for Landmarks of American History and Culture: Workshops for School Teachers, submitted to the Division of Education Programs at the March 15, 2006 deadline. 3. Date: May 8, 2006. Time: 9 a.m. to 5 p.m. Room: 315. Program: This meeting will review applications for Landmarks of American History and Culture: Workshops for School Teachers, submitted to the Division of Education Programs at the March 15, 2006 deadline. Heather Gottry, Acting Advisory Committee Management Officer. [FR Doc. E6–5793 Filed 4–18–06; 8:45 am] BILLING CODE 7536–01–P E:\FR\FM\19APN1.SGM 19APN1

Agencies

[Federal Register Volume 71, Number 75 (Wednesday, April 19, 2006)]
[Notices]
[Pages 20139-20140]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E6-5859]


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DEPARTMENT OF LABOR

Bureau of Labor Statistics


Proposed Collection; Comment Request

ACTION: Notice.

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SUMMARY: The Department of Labor, as part of its continuing effort to 
reduce paperwork and respondent burden, conducts a pre-clearance 
consultation program to provide the general public and Federal agencies 
with an opportunity to comment on proposed and/or continuing 
collections of information in accordance with the Paperwork Reduction 
Act of 1995 (PRA95) [44 U.S.C. 3506(c)(2)(A)]. This program helps to 
ensure that requested data can be provided in the desired format, 
reporting burden (time and financial resources) is minimized, 
collection instruments are clearly understood, and the impact of 
collection requirements on respondents can be properly assessed. 
Currently, the Bureau of Labor Statistics (BLS) is soliciting

[[Page 20140]]

comments concerning the proposed revision of the ``Consumer Price Index 
Housing Survey.'' A copy of the proposed information collection request 
(ICR) can be obtained by contacting the individual listed below in the 
Addresses section of this notice.

DATES: Written comments must be submitted to the office listed in the 
Addresses section below on or before June 19, 2006.

ADDRESSES: Send comments to Amy A. Hobby, BLS Clearance Officer, 
Division of Management Systems, Bureau of Labor Statistics, Room 4080, 
2 Massachusetts Avenue, NE., Washington, DC 20212, telephone 202-691-
7628. (This is not a toll free number.)

FOR FURTHER INFORMATION CONTACT: Amy A. Hobby, BLS Clearance Officer, 
telephone 202-691-7628. (See ADDRESSES Section.)

SUPPLEMENTARY INFORMATION:

I. Background

    The Consumer Price Index (CPI) is the timeliest instrument compiled 
by the U.S. Government that is designed to measure changes in the 
purchasing power of the urban consumer's dollar. The CPI is used most 
widely as a measure of inflation, and is used in the formulation of 
economic policy. It also is used as a deflator of other economic 
series, that is, to adjust other series for price changes and to 
translate these series into inflation-free dollars.

II. Current Action

    Office of Management and Budget clearance is being sought for the 
CPI Housing Survey. This request addresses both the ongoing collection 
activities associated with compilation of the shelter component of the 
Consumer Price Index and the beginning of a project to revise and 
update the CPI sample of rental units for which rents are collected 
over time.
    The CPI continues to utilize electronic technology in the 
collection of data. Field representatives use hand-held pen computers 
and electronically collect and transmit data back to Washington, DC.

III. Desired Focus of Comments

    The Bureau of Labor Statistics is particularly interested in 
comments that:
     Evaluate whether the proposed collection of information is 
necessary for the proper performance of the functions of the agency, 
including whether the information will have practical utility;
     Evaluate the accuracy of the agency's estimate of the 
burden of the proposed collection of information, including the 
validity of the methodology and assumptions used;
     Enhance the quality, utility, and clarity of the 
information to be collected; and
     Minimize the burden of the collection of information on 
those who are to respond, including through the use of appropriate 
automated, electronic, mechanical, or other technological collection 
techniques or other forms of information technology, e.g., permitting 
electronic submissions of responses.
    Type of Review: Revision.
    Agency: The Bureau of Labor Statistics.
    Title: CPI Housing Survey.
    OMB Number: 1220-0163.
    Affected Public: Individuals or households; business or other for-
profit.
    Total Respondents: 88,234.
    Frequency: Semi-annually.
    Total Responses: 114,351.
    Average Time Per Response: 6 minutes.
    Estimated Total Burden Hours: 11,652 hours.
    Total Burden Cost (capital/startup): $0.
    Total Burden Cost (operating/maintenance): $0.
    Comments submitted in response to this notice will be summarized 
and/or included in the request for Office of Management and Budget 
approval of the information collection request; they also will become a 
matter of public record.

    Signed at Washington, DC, this 11th day of April 2006.
Cathy Kazanowski,
Chief, Division of Management Systems, Bureau of Labor Statistics.
[FR Doc. E6-5859 Filed 4-18-06; 8:45 am]
BILLING CODE 4510-24-P