Proposed Extension of Information Collection Request Submitted for Public Comment; Proposed Extension of Information Collection; Comment Request; Prohibited Transaction Class Exemption 85-68-To Permit Employee Benefit Plans To Invest in Customer Notes of Employers, 17585-17586 [E7-6551]
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Federal Register / Vol. 72, No. 67 / Monday, April 9, 2007 / Notices
GERMANY; TDS to Telephone and Data
Systems, Inc, Chicago, IL; TNO Telecom
to TNO Information & Communication
Technology, Delft, NETHERLANDS;
SMI Telco Ltd. to TuringSMI, Fareham,
Hampshire, UNITED KINGDOM;
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(PTY) Ltd., Gauteng, SOUTH AFRICA;
and VPI Systems to VPI Systems-NJ,
Holmdel, NJ.
The following members have changed
their addresses: Aircom International
Ltd. to Leatherhead, UNITED
KINGDOM; Atreus Systems to Ottawa,
Ontario, CANADA; Cognizant
Technology Solutions Corporation to
Teaneck, NJ; Cominfo Consulting to
Moscow, RUSSIA; Computer Sciences
Corporation to Wiesbaden, GERMANY;
Fortinet, Inc. to Sunnyvale, CA; INOSS,
Inc. to Spicewood, TX; Leapstone
Systems to Somerset, NJ; Siemens
Network GmbH & Co. KG to Muenchen,
GERMANY; Soluziona Mexico S.A. de
C.V. to Mexico City, MEXICO; STC
KOMSET to Moscow, RUSSIA; Subex
Azure Ltd. to Bangalore, INDIA;
Telchemy Incorporated to Duluth, GA;
Teracom AB to Sundbyberg, SWEDEN;
and VPI Systems-NJ to Holmdel, NJ.
No other changes have been made in
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Membership in this group research
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membership.
On October 21, 1988, the Forum filed
its original notification pursuant to
Section 6(a) of the Act. The Department
of Justice published a notice in the
Federal Register pursuant to Section
6(b) of the Act on December 8, 1988 (53
FR 49615).
The last notification was filed with
the Department on August 11, 2006. A
notice was published in the Federal
Register pursuant to Section 6(b) of the
Act on October 2, 2006 (71 FR 58006).
Patricia A. Brink,
Deputy Director of Operations, Antitrust
Division.
[FR Doc. 07–1725 Filed 4–6–07; 8:45 am]
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DEPARTMENT OF LABOR
Office of Disability Employment Policy
[OMB Number 1230–0002]
Solicitation of Nominations for the
Secretary of Labor’s New Freedom
Initiative Award; Extension of Period
for Submission of Nominations Notice
1. Subject: The Secretary of Labor’s
New Freedom Initiative Award.
2. Purpose: This document extends
the period for submission of
nominations for the Secretary of Labor’s
New Freedom Initiative Award. This
action is taken to permit increased
participation by interested stakeholders.
3. Originator: Office of Disability
Employment Policy (ODEP).
4. Dates: Nomination packages must
be submitted to Secretary of Labor’s
New Freedom Initiative Award, Office
of Disability Employment Policy, Room
S–1303, 200 Constitution Avenue, NW.,
Washington, DC 20210 by May 31, 2007.
Any application received after 4:45 p.m.
EDT on May 31, 2007 will not be
considered unless it was received before
the award is made and:
1. It was sent by registered or certified
mail no later than May 25, 2007;
2. It is determined by the Government
that the late receipt was due solely to
mishandling by the Government after
receipt at the U.S. Department of Labor
at the address indicated; or
3. It was sent by U.S. Postal Service
Express Mail Next Day Service—Post
Office to Addressee, not later than 5
p.m. EDT at the place of mailing, May
30, 2007.
The only acceptable evidence to
establish the date of mailing of a late
application sent by registered or
certified mail is the U.S. Postal Service
postmark on the envelope or wrapper
and on the original receipt from the U.S.
Postal Service. If the postmark is not
legible, an application received after the
above closing time and date will be
processed as if mailed late. ‘‘Postmark’’
means a printed, stamped, or otherwise
placed impression (not a postage meter
machine impression) that is readily
identifiable without further action as
having been applied and affixed by an
employee of the U.S. Postal Service on
the date of mailing. Therefore,
applicants should request that the postal
clerk place a legible hand cancellation
‘‘bull’s-eye’’ postmark on both the
receipt and the envelope or wrapper.
The only acceptable evidence to
establish the time of receipt at the U.S.
Department of Labor is the date/time
stamp of the Office of Disability
Employment Policy on the application
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17585
wrapper or other documentary evidence
or receipt maintained by that office.
Applications sent by other delivery
services, such as Federal Express, UPS,
e-mail, etc., will also be accepted;
however, the applicant bears the
responsibility of timely submission.
For further information, contact
Margaret Roffee of the Office of
Disability Employment Policy at
telephone (202) 693–7880, (866) ODEP–
DOL, TTY (202) 693–7881, prior to the
closing deadline.
SUPPLEMENTARY INFORMATION: In the
Federal Register of February 12, 2007
(72 FR 6673), the Office of Disability
Employment Policy published a
Solicitation of Nominations for the
Secretary of Labor’s New Freedom
Initiative Award. Nomination packages
were to be submitted to the Office of
Disability Employment Policy by April
30, 2007. Because of the continuing
interest in this solicitation, the agency
believes that it is desirable to extend the
period for submission of nominations.
Therefore, the period for submission of
nominations is extended until May 31,
2007.
Signed at Washington, DC, this 4th day of
April 2007.
John R. Davey,
Director of Operations.
[FR Doc. E7–6609 Filed 4–6–07; 8:45 am]
BILLING CODE 4510–23–P
DEPARTMENT OF LABOR
Employee Benefits Security
Administration
Proposed Extension of Information
Collection Request Submitted for
Public Comment; Proposed Extension
of Information Collection; Comment
Request; Prohibited Transaction Class
Exemption 85–68—To Permit
Employee Benefit Plans To Invest in
Customer Notes of Employers
Employee Benefits Security
Administration, Department of Labor.
ACTION: Notice.
AGENCY:
SUMMARY: The Department of Labor (the
Department), in accordance with the
Paperwork Reduction Act of 1995 (PRA
95) (44 U.S.C. 3506(c)(2)(A)), provides
the general public and Federal agencies
with an opportunity to comment on
proposed and continuing collections of
information. This helps the Department
assess the impact of its information
collection requirements and minimize
the reporting burden on the public and
helps the public understand the
Department’s information collection
requirements and provide the requested
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17586
Federal Register / Vol. 72, No. 67 / Monday, April 9, 2007 / Notices
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data in the desired format. Currently,
the Employee Benefits Security
Administration is soliciting comments
on the proposed extension of the
information collection provisions of
Prohibited Transaction Class Exemption
85–68. A copy of the information
collection request (ICR) may be obtained
by contacting the office listed in the
ADDRESSES section of this notice.
DATES: Written comments must be
submitted to the office shown in the
ADDRESSES section on or before June 8,
2007.
ADDRESSES: Joseph S. Piacentini,
Department of Labor, Employee Benefits
Security Administration, 200
Constitution Avenue, NW., Washington,
DC 20210, (202) 693–8410, FAX (202)
693–4745 (these are not toll-free
numbers).
SUPPLEMENTARY INFORMATION:
I. Background
Pursuant to section 408 of ERISA, the
Department has authority to grant an
exemption from the prohibitions of
sections 406 and 407(a) if it can
determine that the exemption is
administratively feasible, in the interest
of participants and beneficiaries, and
protective of the rights of participants
and beneficiaries of the plan. Prohibited
Transaction Class Exemption 85–68
describes the conditions under which a
plan is permitted to acquire customer
notes accepted by an employer of
employees covered by the plan in the
ordinary course of the employer’s
primary business activity. The
exemption covers sales as well as
contributions of customer notes by an
employer to its plan. Specifically, the
exemption requires that the employer
provide a written guarantee to
repurchase a note which becomes more
than 60 days delinquent, that such notes
be secured by a perfected security
interest in the property financed by the
note, and that the collateral be insured.
The exemption requires records
pertaining to the transaction to be
maintained for a period of six years for
the purpose of ensuring that the
transactions are protective of the rights
of participants and beneficiaries. This
recordkeeping requirement constitutes
an information collection within the
meaning of the PRA, for which the
Department has obtained approval from
the Office of Management and Budget
(OMB) under OMB Control No. 1210–
0094. The OMB approval is currently
scheduled to expire on July 31, 2007.
II. Current Actions
This notice requests public comment
pertaining to the Department’s request
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18:21 Apr 06, 2007
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for extension of OMB approval of the
information collection contained in PTE
85–68. After considering comments
received in response to this notice, the
Department intends to submit an ICR to
OMB for continuing approval. No
change to the existing ICR is proposed
or made at this time. An agency may not
conduct or sponsor, and a person is not
required to respond to, an information
collection unless it displays a valid
OMB control number. A summary of the
ICR and the current burden estimates
follows:
Agency: Employee Benefits Security
Administration, Department of Labor.
Title: Prohibited Transaction Class
Exemption 85–68.
Type of Review: Extension of a
currently approved collection of
information.
OMB Number: 1210–0094.
Affected Public: Individuals or
households; Business or other for-profit;
Not-for-profit institutions.
Respondents: 525.
Frequency: On Occasion.
Responses: 1900.
Average Response time [if applicable]:
1 hour.
Estimated Total Burden Hours: 1900
hours.
Estimated Total Burden Cost: $0.
III. Focus of Comments
The Department of Labor
(Department) 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., by permitting electronic
submissions of responses.
Comments submitted in response to
this notice will be summarized and/or
included in the ICR for OMB approval
of the extension of the information
collection; they will also become a
matter of public record.
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Dated: April 3, 2007.
Bradford P. Campbell,
Acting Assistant Secretary, Employee Benefits
Security Administration.
[FR Doc. E7–6551 Filed 4–6–07; 8:45 am]
BILLING CODE 4510–29–P
DEPARTMENT OF LABOR
Employee Benefits Security
Administration
Proposed Extension of Information
Collection Request Submitted for
Public Comment; Prohibited
Transaction Class Exemption 91–55—
Transactions Between Individual
Retirement Accounts and Authorized
Purchasers of American Eagle Coins
Employee Benefits Security
Administration, Department of Labor.
ACTION: Notice.
AGENCY:
SUMMARY: The Department of Labor (the
Department), in accordance with the
Paperwork Reduction Act of 1995 (PRA
95) (44 U.S.C. 3506(c)(2)(A)), provides
the general public and Federal agencies
with an opportunity to comment on
proposed and continuing collections of
information. This helps the Department
assess the impact of its information
collection requirements and minimize
the reporting burden on the public and
helps the public understand the
Department’s information collection
requirements and provide the requested
data in the desired format. Currently,
the Employee Benefits Security
Administration is soliciting comments
on the proposed extension of the
information collection provisions of
Prohibited Transaction Class Exemption
91–55. A copy of the information
collection request (ICR) may be obtained
by contacting the office listed in the
ADDRESSES section of this notice.
DATES: Written comments must be
submitted to the office shown in the
Addresses section on or before June 8,
2007.
ADDRESSES: Joseph S. Piacentini,
Department of Labor, Employee Benefits
Security Administration, 200
Constitution Avenue, NW., Washington,
DC 20210, (202) 693–8410, FAX (202)
693–4745 (these are not toll-free
numbers).
SUPPLEMENTARY INFORMATION:
I. Background
Prohibited Transaction Exemption
91–55 permits purchases and sales by
certain ‘‘individual retirement
accounts,’’ as defined in Internal
Revenue Code section 408 (IRAs) of
American Eagle bullion coins (‘‘Coins’’)
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[Federal Register Volume 72, Number 67 (Monday, April 9, 2007)]
[Notices]
[Pages 17585-17586]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E7-6551]
-----------------------------------------------------------------------
DEPARTMENT OF LABOR
Employee Benefits Security Administration
Proposed Extension of Information Collection Request Submitted
for Public Comment; Proposed Extension of Information Collection;
Comment Request; Prohibited Transaction Class Exemption 85-68--To
Permit Employee Benefit Plans To Invest in Customer Notes of Employers
AGENCY: Employee Benefits Security Administration, Department of Labor.
ACTION: Notice.
-----------------------------------------------------------------------
SUMMARY: The Department of Labor (the Department), in accordance with
the Paperwork Reduction Act of 1995 (PRA 95) (44 U.S.C. 3506(c)(2)(A)),
provides the general public and Federal agencies with an opportunity to
comment on proposed and continuing collections of information. This
helps the Department assess the impact of its information collection
requirements and minimize the reporting burden on the public and helps
the public understand the Department's information collection
requirements and provide the requested
[[Page 17586]]
data in the desired format. Currently, the Employee Benefits Security
Administration is soliciting comments on the proposed extension of the
information collection provisions of Prohibited Transaction Class
Exemption 85-68. A copy of the information collection request (ICR) may
be obtained by contacting the office listed in the ADDRESSES section of
this notice.
DATES: Written comments must be submitted to the office shown in the
Addresses section on or before June 8, 2007.
ADDRESSES: Joseph S. Piacentini, Department of Labor, Employee Benefits
Security Administration, 200 Constitution Avenue, NW., Washington, DC
20210, (202) 693-8410, FAX (202) 693-4745 (these are not toll-free
numbers).
SUPPLEMENTARY INFORMATION:
I. Background
Pursuant to section 408 of ERISA, the Department has authority to
grant an exemption from the prohibitions of sections 406 and 407(a) if
it can determine that the exemption is administratively feasible, in
the interest of participants and beneficiaries, and protective of the
rights of participants and beneficiaries of the plan. Prohibited
Transaction Class Exemption 85-68 describes the conditions under which
a plan is permitted to acquire customer notes accepted by an employer
of employees covered by the plan in the ordinary course of the
employer's primary business activity. The exemption covers sales as
well as contributions of customer notes by an employer to its plan.
Specifically, the exemption requires that the employer provide a
written guarantee to repurchase a note which becomes more than 60 days
delinquent, that such notes be secured by a perfected security interest
in the property financed by the note, and that the collateral be
insured. The exemption requires records pertaining to the transaction
to be maintained for a period of six years for the purpose of ensuring
that the transactions are protective of the rights of participants and
beneficiaries. This recordkeeping requirement constitutes an
information collection within the meaning of the PRA, for which the
Department has obtained approval from the Office of Management and
Budget (OMB) under OMB Control No. 1210-0094. The OMB approval is
currently scheduled to expire on July 31, 2007.
II. Current Actions
This notice requests public comment pertaining to the Department's
request for extension of OMB approval of the information collection
contained in PTE 85-68. After considering comments received in response
to this notice, the Department intends to submit an ICR to OMB for
continuing approval. No change to the existing ICR is proposed or made
at this time. An agency may not conduct or sponsor, and a person is not
required to respond to, an information collection unless it displays a
valid OMB control number. A summary of the ICR and the current burden
estimates follows:
Agency: Employee Benefits Security Administration, Department of
Labor.
Title: Prohibited Transaction Class Exemption 85-68.
Type of Review: Extension of a currently approved collection of
information.
OMB Number: 1210-0094.
Affected Public: Individuals or households; Business or other for-
profit; Not-for-profit institutions.
Respondents: 525.
Frequency: On Occasion.
Responses: 1900.
Average Response time [if applicable]: 1 hour.
Estimated Total Burden Hours: 1900 hours.
Estimated Total Burden Cost: $0.
III. Focus of Comments
The Department of Labor (Department) 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., by
permitting electronic submissions of responses.
Comments submitted in response to this notice will be summarized
and/or included in the ICR for OMB approval of the extension of the
information collection; they will also become a matter of public
record.
Dated: April 3, 2007.
Bradford P. Campbell,
Acting Assistant Secretary, Employee Benefits Security Administration.
[FR Doc. E7-6551 Filed 4-6-07; 8:45 am]
BILLING CODE 4510-29-P
