Submission for OMB Emergency Review: Comment Request, 69363 [E9-30995]

Download as PDF Federal Register / Vol. 74, No. 250 / Thursday, December 31, 2009 / Notices DEPARTMENT OF LABOR Office of the Secretary Submission for OMB Emergency Review: Comment Request erowe on DSK5CLS3C1PROD with NOTICES December 24, 2009. The Department of Labor has submitted the following information collection request (ICR), utilizing emergency review procedures, to the Office of Management and Budget (OMB) for review and clearance in accordance with the Paperwork Reduction Act of 1995 (Pub. L. 104–13, 44 U.S.C. Chapter 35) and 5 CFR 1320.13. OMB approval has been requested by December 31, 2009. A copy of this ICR, with applicable supporting documentation; including among other things a description of the likely respondents, proposed frequency of response, and estimated total burden may be obtained from the RegInfo.gov Web site at https://www.reginfo.gov/ public/do/PRAMain or by contacting Darrin King on 202–693–4129 (this is not a toll-free number)/e-mail: DOL_PRA_PUBLIC@dol.gov. Interested parties are encouraged to send comments to the Office of Information and Regulatory Affairs, Attn: OMB Desk Officer for the Department of Labor— EBSA, Office of Management and Budget, Room 10235, Washington, DC 20503, Telephone: 202–395–7316/Fax: 202–395–6974 (these are not toll-free numbers), E-mail: OIRA_submission@omb.eop.gov. Comments and questions about the ICR listed below should be received 5 days prior to the requested OMB approval date. The OMB is particularly interested in comments which: • 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 clarify 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. VerDate Nov<24>2008 15:06 Dec 30, 2009 Jkt 220001 Agency: Employee Benefits Security Administration. Title of Collection: Notice Requirements of the Health Care Continuation Coverage—American Recovery and Reinvestment Act of 2009 Revision. OMB Control Number: 1210–0123. Frequency of Collection: On occasion. Affected Public: Individuals or households; Business or other for-profit; Not-for-profit institutions. Total Estimated Number of Respondents: 2.7 million. Total Estimated Number of Responses: 8.5 million Total Estimated Annual Burden Hours: 0. Total Net Estimated Annual Costs Burden (other than hourly costs): $6.8 million. Description: On December 19, 2009, President Obama signed the Department of Defense Appropriations Act of 2010 (Pub. L. 111–118), which extends the availability of the health care continuation coverage premium reduction provided for COBRA and other health care continuation coverage as required by the American Recovery and Reinvestment Act (ARRA) of 2009 (Pub. L. 111–5). Assistance eligible individuals now can be eligible for the subsidy if they incur an involuntary termination of employment triggering a COBRA election opportunity by February 28, 2010. Before the extension, Assistance Eligible Individuals had to experience an involuntary termination of employment by December 31, 2009. The length of the premium assistance period also is extended from 9 months to 15 months. ARRA, as amended, retained the requirement that the Secretary of Labor (the Secretary), in consultation with the Secretaries of the Treasury and Health and Human Services, develop model notices. These models are for use by group health plans and other entities that, pursuant to ARRA, as amended, must provide notices of the availability of premium reductions and additional election periods for health care continuation coverage. The ICR relates to the issuance of the model notices. Why are we requesting Emergency Processing? If the Department were required to comply with standard PRA clearance procedures, it would not be able to publish the model notices on a timely basis. Dated: December 24, 2009. Joseph S. Piacentini, Acting PRA Clearance Officer. [FR Doc. E9–30995 Filed 12–30–09; 8:45 am] BILLING CODE 4510–29–P PO 00000 Frm 00040 Fmt 4703 Sfmt 4703 69363 DEPARTMENT OF LABOR Employee Benefits Security Administration Proposed Extension of Information Collection; Comment Request; Prohibited Transaction Class Exemption 88–59, Residential Mortgage Financing Arrangements 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) (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 (PTE) 88–59. A copy of the information collection request (ICR) may be obtained by contacting the office listed in the ADDRESSES section of this notice or at https://www.RegInfo.gov. DATES: Written comments must be submitted on or before March 1, 2010. 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–5647, Washington, DC 20210. Telephone: (202) 693–8410; Fax: (202) 219–4745. These 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 PTE 88–59 provides an exemption from certain prohibited transaction provisions of the Employment Retirement Income Security Act of 1974 (ERISA) and from certain taxes imposed by the Internal Revenue Code of 1986 (Code) for transactions in which an employee benefit plan provides mortgage financing to purchasers of residential dwelling units, provided specified conditions are met. Among other conditions, PTE 88–59 requires E:\FR\FM\31DEN1.SGM 31DEN1

Agencies

[Federal Register Volume 74, Number 250 (Thursday, December 31, 2009)]
[Notices]
[Page 69363]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E9-30995]



[[Page 69363]]

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DEPARTMENT OF LABOR

Office of the Secretary


Submission for OMB Emergency Review: Comment Request

December 24, 2009.

    The Department of Labor has submitted the following information 
collection request (ICR), utilizing emergency review procedures, to the 
Office of Management and Budget (OMB) for review and clearance in 
accordance with the Paperwork Reduction Act of 1995 (Pub. L. 104-13, 44 
U.S.C. Chapter 35) and 5 CFR 1320.13. OMB approval has been requested 
by December 31, 2009. A copy of this ICR, with applicable supporting 
documentation; including among other things a description of the likely 
respondents, proposed frequency of response, and estimated total burden 
may be obtained from the RegInfo.gov Web site at https://www.reginfo.gov/public/do/PRAMain or by contacting Darrin King on 202-
693-4129 (this is not a toll-free number)/e-mail: DOL_PRA_PUBLIC@dol.gov. Interested parties are encouraged to send comments to 
the Office of Information and Regulatory Affairs, Attn: OMB Desk 
Officer for the Department of Labor--EBSA, Office of Management and 
Budget, Room 10235, Washington, DC 20503, Telephone: 202-395-7316/Fax: 
202-395-6974 (these are not toll-free numbers), E-mail: OIRA_submission@omb.eop.gov. Comments and questions about the ICR listed 
below should be received 5 days prior to the requested OMB approval 
date.
    The OMB is particularly interested in comments which:
     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 clarify 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.
    Agency: Employee Benefits Security Administration.
    Title of Collection: Notice Requirements of the Health Care 
Continuation Coverage--American Recovery and Reinvestment Act of 2009 
Revision.
    OMB Control Number: 1210-0123.
    Frequency of Collection: On occasion.
    Affected Public: Individuals or households; Business or other for-
profit; Not-for-profit institutions.
    Total Estimated Number of Respondents: 2.7 million.
    Total Estimated Number of Responses: 8.5 million
    Total Estimated Annual Burden Hours: 0.
    Total Net Estimated Annual Costs Burden (other than hourly costs): 
$6.8 million.
    Description: On December 19, 2009, President Obama signed the 
Department of Defense Appropriations Act of 2010 (Pub. L. 111-118), 
which extends the availability of the health care continuation coverage 
premium reduction provided for COBRA and other health care continuation 
coverage as required by the American Recovery and Reinvestment Act 
(ARRA) of 2009 (Pub. L. 111-5). Assistance eligible individuals now can 
be eligible for the subsidy if they incur an involuntary termination of 
employment triggering a COBRA election opportunity by February 28, 
2010. Before the extension, Assistance Eligible Individuals had to 
experience an involuntary termination of employment by December 31, 
2009. The length of the premium assistance period also is extended from 
9 months to 15 months.
    ARRA, as amended, retained the requirement that the Secretary of 
Labor (the Secretary), in consultation with the Secretaries of the 
Treasury and Health and Human Services, develop model notices. These 
models are for use by group health plans and other entities that, 
pursuant to ARRA, as amended, must provide notices of the availability 
of premium reductions and additional election periods for health care 
continuation coverage. The ICR relates to the issuance of the model 
notices.
    Why are we requesting Emergency Processing? If the Department were 
required to comply with standard PRA clearance procedures, it would not 
be able to publish the model notices on a timely basis.

    Dated: December 24, 2009.
Joseph S. Piacentini,
Acting PRA Clearance Officer.
[FR Doc. E9-30995 Filed 12-30-09; 8:45 am]
BILLING CODE 4510-29-P
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