Proposed Extension of Information Collection; Comment Request; Prohibited Transaction Class Exemptions for Multiple Employer Plans and Multiple Employer Apprenticeship Plans, PTE 76-1, PTE 77-10, PTE 78-6, 31978-31979 [E9-15774]

Download as PDF 31978 Federal Register / Vol. 74, No. 127 / Monday, July 6, 2009 / Notices 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 will also become a matter of public record. Dated at Arlington, Virginia, this 29th day of June 2009. John Rowlett, Director, Management Services Division. [FR Doc. E9–15792 Filed 7–2–09; 8:45 am] BILLING CODE 4510–43–P DEPARTMENT OF LABOR Employee Benefits Security Administration Proposed Extension of Information Collection; Comment Request; Prohibited Transaction Class Exemptions for Multiple Employer Plans and Multiple Employer Apprenticeship Plans, PTE 76–1, PTE 77–10, PTE 78–6 mstockstill on PROD1PC66 with NOTICES ACTION: Notice. SUMMARY: The Department of Labor, as part of its continuing effort to reduce paperwork and respondent burden, conducts a preclearance consultation program to provide the general public and Federal agencies with an opportunity to comment on proposed and continuing collections of information in accordance with the Paperwork Reduction Act of 1995 (PRA 95) (44 U.S.C. 3506(c)(2)(A)). This program helps to ensure that the Department can properly assess the impact of its information collection requirements on respondents and minimize the reporting burden (time and financial resources) on the public and that the public can understand the Department’s collection instruments and provide the requested data in the desired format. Currently, the Employee Benefits Security Administration is soliciting comments concerning the information collections incorporated in three related prohibited transactions class exemptions (PTEs) that apply to certain transactions involving collectively bargained multiple employer plans. 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 below on or before September 4, 2009. ADDRESSES: Direct all written comments to G. Christopher Cosby, Office of Policy and Research, Employee Benefits VerDate Nov<24>2008 17:06 Jul 02, 2009 Jkt 217001 Security Administration, U.S. Department of Labor, 200 Constitution Avenue, NW., Room N–5718, Washington, DC 20210, (210) 693–8410, FAX (202) 219–4745 (the foregoing are not toll-free numbers). Comments may also be submitted electronically to the following Internet e-mail address: ebsa.opr@dol.gov. SUPPLEMENTARY INFORMATION: I. Background This ICR covers information collections contained in three related prohibited transaction class exemptions: PTE 76–1, PTE 77–10, and PTE 78–6. All three of these exemptions cover transactions that were recognized by the Department as being well-established, reasonable and customary transactions in which collectively bargained multiple employer plans (principally, multiemployer plans, but also including other collectively bargained multiple employer plans) frequently engage in order to carry out their purposes. PTE 76–1 provides relief, under specified conditions, for three types of transactions: (1) Part A of PTE 76–1 permits collectively bargained multiple employer plans to take several types of actions regarding delinquent or uncollectible employer contributions; (2) Part B of PTE 76–1 permits collectively bargained multiple employer plans, under specified conditions, to make construction loans to participating employers; and (3) Part C of PTE 76–1 permits collectively bargained multiple employer plans to share office space and administrative services, and the costs associated with such office space and services, with parties in interest. PTE 77–10 complements Part C of PTE 76–1 by providing relief from the prohibitions of subsection 406(b)(2) of ERISA with respect to collectively bargained multiple employer plans sharing office space and administrative services with parties in interest if specific conditions are met. PTE 78–6 provides an exemption to collectively bargained multiple employer apprenticeship plans for the purchase or leasing of personal property from a contributing employer (or its wholly owned subsidiary) and for the leasing of real property (other than office space within the contemplation of section 408(b)(2) of ERISA) from a contributing employer (or its wholly owned subsidiary) or an employee organization any of whose members’ work results in contributions being made to the plan. Each of these PTEs requires, as part of its conditions, either written agreements, recordkeeping, or both. The PO 00000 Frm 00070 Fmt 4703 Sfmt 4703 Department has combined the information collection provisions of the three PTEs into one information collection request (ICR) because it believes that the public benefits from having the opportunity to collectively review these closely related exemptions and their similar information collections. The Department previously submitted an ICR to the Office of Management and Budget (OMB) for approval of the information collections in PTEs 76–1, 77–10, and 78–6 and received OMB approval under the OMB Control No. 1210–0058. The current approval is scheduled to expire on October 31, 2009. II. Desired Focus of Comments The 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 submission of responses. III. Current Action This notice requests comments on the proposed extension of the approval of the ICR relating to PTEs 76–1, 77–10, and 78–6. The Department is not proposing or implementing changes to the existing information collection requirements at this time. The following summarizes the ICR and the current burden estimates: Type of Review: Extension of a currently approved collection of information. Agency: Employee Benefits Security Administration, Department of Labor. Titles: Prohibited Transaction Class Exemptions for Multiple Employer Plans and Multiple Employer Apprenticeship Plans, PTCE 76–1, PTCE 77–10, PTCE 78–6. OMB Number: 1210–0058. Affected Public: Business or other forprofit; Not-for-profit institutions. Respondents: 4,565. E:\FR\FM\06JYN1.SGM 06JYN1 Federal Register / Vol. 74, No. 127 / Monday, July 6, 2009 / Notices Frequency of Response: On occasion. Responses: 4,565. Estimated Total Burden Hours: 1,225. Comments submitted in response to this notice will be summarized and/or included in the request for OMB approval of the information collection request; they will also become a matter of public record. Dated: June 26, 2009. Joseph S. Piacentini, Director, Office of Policy and Research, Employee Benefits Security Administration. [FR Doc. E9–15774 Filed 7–2–09; 8:45 am] BILLING CODE 4510–29–P DEPARTMENT OF LABOR Office of the Assistant Secretary for Veterans’ Employment and Training Service (VETS) Fiscal Years (FY) 2009 and 2010 Stand Down Grant Award Requests mstockstill on PROD1PC66 with NOTICES ACTION: Follow up announcement of available FY 2009 and FY 2010 funds to support local Stand Down events. AGENCY: Veterans’ Employment and Training Service, Labor. Announcement Type: Follow-up Notice of Available Funds and Solicitation for Grant Applications. The full announcement is posted on the VETS Web site at: http://www.dol.gov/ vets/programs/stand%20down/ main.htm. Funding Opportunity Number: 17– 805. Key Dates: To be considered for FY 2009 funding, applications must be received at least sixty (60) days prior to the event and no later than July 30, 2009. Applications for events planned in FY 2010 must be received at least sixty (60) days prior to the event and no later than July 30, 2010. Funding Opportunity Description: The U.S. Department of Labor (USDOL), Veterans’ Employment and Training Service (VETS) continues to support local Stand Down events that assist homeless veterans. A Stand Down is an event held in a local community where homeless veterans are provided with a wide variety of social services including employment assistance. Under this announcement, VETS anticipates that up to $400,000 will be available in each year for grant awards of up to a maximum of $10,000 per multi-day event (more than one day), and a maximum of $7,000 for a one (1) day event. VETS expects to award approximately forty-five (45) grants each fiscal year. Availability of FY 2010 funds will be dependent upon VerDate Nov<24>2008 17:06 Jul 02, 2009 Jkt 217001 Congressional appropriations. Applications for Stand Down funds will be accepted from State Workforce Agencies and State and local Workforce Investment Boards, Veterans Service Organizations (VSO), local public agencies, and non-profit organizations, including community and faith-based organizations. USDOL is not authorized to award grant funds to organizations that are registered with Internal Revenue Service (IRS) as a 501(c)(4) organization. Applications for Stand Down grant funding should be submitted to the appropriate State Director of Veterans Employment and Training/Grant Officer Technical Representative (DVET/ GOTR). Address and contact information for each State DVET/GOTR can be found at Web site address: http://www.dol.gov/vets/aboutvets/ contacts/main.htm. The closing date for receipt of applications is sixty (60) days prior to the event or July 30, 2009. Any events approved in FY 2009 must be held prior to December 31, 2009. Applications for events planned in FY 2010 must be received at least sixty (60) days prior to the event and no later than July 30, 2010. The full Solicitation for Grant Application for Stand Downs is posted on the VETS Web site (http:// www.dol.gov/vets/aboutvets/contacts/ main.htm. If you need to speak to a person concerning these grants, or if you have issues regarding access to the VETS Web site, you may telephone Kenneth Fenner at 202–693–4728 (not a toll-free number). Signed at Washington, DC this 29th day of June 2009. Cassandra R. Mitchell, Grant Officer. [FR Doc. E9–15772 Filed 7–2–09; 8:45 am] BILLING CODE 4510–79–P Office of the Assistant Secretary for Veterans’ Employment and Training The Advisory Committee on Veterans’ Employment, Training and Employer Outreach (ACVETEO); Notice of Open Meeting The Advisory Committee on Veterans’ Employment, Training and Employer Outreach (ACVETEO) was established pursuant to Title II of the Veterans’ Housing Opportunity and Benefits Improvement Act of 2006 (Pub. L. 109– 233) and section 9 of the Federal Advisory Committee Act (FACA) (Pub. L. 92–462, Title 5 U.S.C. app.II). The Frm 00071 Fmt 4703 Sfmt 4703 authority of the ACVETEO is codified in Title 38 U.S. Code, section 4110. The ACVETEO is responsible for assessing employment and training needs of veterans; determining the extent to which the programs and activities of the U.S. Department of Labor meet these needs; and assisting to conduct outreach to employers seeking to hire veterans. The ACVETEO will conduct a business meeting on Wednesday, August 5, 2009 from 8:30 a.m. to 4 p.m., at the Hyatt Regency Washington on Capitol Hill Hotel, 400 New Jersey Avenue, NW., Ticonderoga room lower level, Washington, DC 20001. The ACVETEO will discuss programs to assist veterans seeking employment and to raise employer awareness as to the advantages of hiring veterans, with special emphasis on employer outreach and wounded and injured veterans. There will be an opportunity for persons or organizations to address the committee. Any individual or organization that wishes to do so should contact Margaret Hill Watts at (202) 693–4744. Time constraints may limit the number of presentations. Individuals needing special accommodations should notify Margaret Hill Watts at (202) 693–4744 by July 13, 2009. Signed in Washington, DC, this 29th day of June 2009. John M. McWilliam, Deputy Assistant Secretary, Veterans’ Employment and Training Service. [FR Doc. E9–15771 Filed 7–2–09; 8:45 am] BILLING CODE 4510–79–P DEPARTMENT OF LABOR Employee Benefits Security Administration 146th Meeting of the Advisory Council on Employee Welfare and Pension Benefit Plans; Notice of Meeting DEPARTMENT OF LABOR PO 00000 31979 Pursuant to the authority contained in Section 512 of the Employee Retirement Income Security Act of 1974 (ERISA), 29 U.S.C. 1142, the 146th open meeting of the Advisory Council on Employee Welfare and Pension Benefit Plans will be held on July 21–23, 2009. The three-day meeting will take place in Room N 3437 A&B, U.S. Department of Labor, 200 Constitution Avenue, NW., Washington, DC 20210. The purpose of the open meeting, which will run from 9 a.m. to approximately 5 p.m. each day, with a one hour break for lunch, is for Council members to hear testimony from invited witnesses and to receive an update from the Employee E:\FR\FM\06JYN1.SGM 06JYN1

Agencies

[Federal Register Volume 74, Number 127 (Monday, July 6, 2009)]
[Notices]
[Pages 31978-31979]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E9-15774]


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DEPARTMENT OF LABOR

Employee Benefits Security Administration


Proposed Extension of Information Collection; Comment Request; 
Prohibited Transaction Class Exemptions for Multiple Employer Plans and 
Multiple Employer Apprenticeship Plans, PTE 76-1, PTE 77-10, PTE 78-6

ACTION: Notice.

-----------------------------------------------------------------------

SUMMARY: The Department of Labor, as part of its continuing effort to 
reduce paperwork and respondent burden, conducts a preclearance 
consultation program to provide the general public and Federal agencies 
with an opportunity to comment on proposed and continuing collections 
of information in accordance with the Paperwork Reduction Act of 1995 
(PRA 95) (44 U.S.C. 3506(c)(2)(A)). This program helps to ensure that 
the Department can properly assess the impact of its information 
collection requirements on respondents and minimize the reporting 
burden (time and financial resources) on the public and that the public 
can understand the Department's collection instruments and provide the 
requested data in the desired format. Currently, the Employee Benefits 
Security Administration is soliciting comments concerning the 
information collections incorporated in three related prohibited 
transactions class exemptions (PTEs) that apply to certain transactions 
involving collectively bargained multiple employer plans. 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 below on or before September 4, 2009.

ADDRESSES: Direct all written comments to G. Christopher Cosby, Office 
of Policy and Research, Employee Benefits Security Administration, U.S. 
Department of Labor, 200 Constitution Avenue, NW., Room N-5718, 
Washington, DC 20210, (210) 693-8410, FAX (202) 219-4745 (the foregoing 
are not toll-free numbers). Comments may also be submitted 
electronically to the following Internet e-mail address: 
ebsa.opr@dol.gov.

SUPPLEMENTARY INFORMATION:

I. Background

    This ICR covers information collections contained in three related 
prohibited transaction class exemptions: PTE 76-1, PTE 77-10, and PTE 
78-6. All three of these exemptions cover transactions that were 
recognized by the Department as being well-established, reasonable and 
customary transactions in which collectively bargained multiple 
employer plans (principally, multiemployer plans, but also including 
other collectively bargained multiple employer plans) frequently engage 
in order to carry out their purposes.
    PTE 76-1 provides relief, under specified conditions, for three 
types of transactions: (1) Part A of PTE 76-1 permits collectively 
bargained multiple employer plans to take several types of actions 
regarding delinquent or uncollectible employer contributions; (2) Part 
B of PTE 76-1 permits collectively bargained multiple employer plans, 
under specified conditions, to make construction loans to participating 
employers; and (3) Part C of PTE 76-1 permits collectively bargained 
multiple employer plans to share office space and administrative 
services, and the costs associated with such office space and services, 
with parties in interest. PTE 77-10 complements Part C of PTE 76-1 by 
providing relief from the prohibitions of subsection 406(b)(2) of ERISA 
with respect to collectively bargained multiple employer plans sharing 
office space and administrative services with parties in interest if 
specific conditions are met. PTE 78-6 provides an exemption to 
collectively bargained multiple employer apprenticeship plans for the 
purchase or leasing of personal property from a contributing employer 
(or its wholly owned subsidiary) and for the leasing of real property 
(other than office space within the contemplation of section 408(b)(2) 
of ERISA) from a contributing employer (or its wholly owned subsidiary) 
or an employee organization any of whose members' work results in 
contributions being made to the plan.
    Each of these PTEs requires, as part of its conditions, either 
written agreements, recordkeeping, or both. The Department has combined 
the information collection provisions of the three PTEs into one 
information collection request (ICR) because it believes that the 
public benefits from having the opportunity to collectively review 
these closely related exemptions and their similar information 
collections. The Department previously submitted an ICR to the Office 
of Management and Budget (OMB) for approval of the information 
collections in PTEs 76-1, 77-10, and 78-6 and received OMB approval 
under the OMB Control No. 1210-0058. The current approval is scheduled 
to expire on October 31, 2009.

II. Desired Focus of Comments

    The 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 submission of responses.

III. Current Action

    This notice requests comments on the proposed extension of the 
approval of the ICR relating to PTEs 76-1, 77-10, and 78-6. The 
Department is not proposing or implementing changes to the existing 
information collection requirements at this time. The following 
summarizes the ICR and the current burden estimates:
    Type of Review: Extension of a currently approved collection of 
information.
    Agency: Employee Benefits Security Administration, Department of 
Labor.
    Titles: Prohibited Transaction Class Exemptions for Multiple 
Employer Plans and Multiple Employer Apprenticeship Plans, PTCE 76-1, 
PTCE 77-10, PTCE 78-6.
    OMB Number: 1210-0058.
    Affected Public: Business or other for-profit; Not-for-profit 
institutions.
    Respondents: 4,565.

[[Page 31979]]

    Frequency of Response: On occasion.
    Responses: 4,565.
    Estimated Total Burden Hours: 1,225.
    Comments submitted in response to this notice will be summarized 
and/or included in the request for OMB approval of the information 
collection request; they will also become a matter of public record.

    Dated: June 26, 2009.
Joseph S. Piacentini,
Director, Office of Policy and Research, Employee Benefits Security 
Administration.
[FR Doc. E9-15774 Filed 7-2-09; 8:45 am]
BILLING CODE 4510-29-P