Aeronautics Science and Technology Subcommittee; Committee on Technology; National Science and Technology Council, 81678-81679 [2010-32633]
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81678
Federal Register / Vol. 75, No. 248 / Tuesday, December 28, 2010 / Notices
emcdonald on DSK2BSOYB1PROD with NOTICES
confidential financial information
within the meaning of 5 U.S.C. 552(b)(4)
(Freedom of Information Act). See 29
CFR 4204.21.
Under § 4204.22 of the regulation,
PBGC shall approve a request for a
variance or exemption if it determines
that approval of the request is
warranted, in that it:
(1) Would more effectively or
equitably carry out the purposes of Title
IV of the Act; and
(2) Would not significantly increase
the risk of financial loss to the plan.
Section 4204(c) of ERISA and
§ 4204.22(b) of the regulation requires
PBGC to publish a notice of the
pendency of a request for a variance or
exemption in the Federal Register, and
to provide interested parties with an
opportunity to comment on the
proposed variance or exemption.
The Request
PBGC has received a request, dated
September 9, 2010, from Rangers
Baseball Express, LLC (the ‘‘Purchaser’’)
for an exemption from the bond/escrow
requirement of section 4204(a)(1)(B)
with respect to its purchase of Texas
Rangers Baseball Partners (the ‘‘Seller’’).
In the request, the Purchaser represents,
among other things, that:
1. The Seller was obligated to
contribute to the Major League Baseball
Players Pension Plan (the ‘‘Plan’’) for
certain employees of the purchased
operations.
2. The Purchaser has agreed to assume
the obligation to contribute to the Plan
for substantially the same number of
contribution base units as the Seller.
3. The Seller has agreed to be
secondarily liable for any withdrawal
liability it would have had with respect
to the purchased operations (if not for
section 4204) should the Purchaser
withdraw from the Plan and fail to pay
its withdrawal liability.
4. The estimated amount of the
withdrawal liability of the Seller with
respect to the operations subject to the
sale is $34,030,359.
5. The amount of the bond/escrow
established under section 4204(a)(1)(B)
is $4,068,868, which is to be posted if
PBGC has not acted on the request by
the end of the plan year of the request.
6. The Major League Baseball Clubs
(the ‘‘Clubs’’) have established the Major
League Central Fund (the ‘‘Central
Fund’’) pursuant to the Major League
Baseball Constitution. Under this
Constitution, the Office of the
Commissioner of Baseball pays
contributions to the Plan from the
Central Fund on behalf of each
participating employer in satisfaction of
the employer’s pension liability under
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22:37 Dec 27, 2010
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the Plan’s funding agreement. The
monies in the Central Fund are derived
directly from (i) gate receipts from AllStar games; (ii) radio and television
revenue from World Series, League
Championship Series, Division Series,
All-Star Games, and (iii) certain other
radio and television revenue, including
revenues from foreign broadcasts,
regular, spring training, and exhibition
games (‘‘Revenues’’).
7. In support of the exemption
request, the Purchaser asserts that ‘‘[t]he
Plan is funded from the Revenues which
are paid from the Central Fund directly
to the Plan without passing through the
hands of any of the Clubs. Therefore, the
Plan enjoys a substantial degree of
security with respect to contributions on
behalf of the Clubs. A change in
ownership of a particular Club does not
affect the obligation of the Central Fund
to fund the Plan out of the Revenues. As
such, approval of this exemption
request would not significantly increase
the risk of financial loss to the Plan.’’
8. A complete copy of the request was
sent to the Plan and to the Major League
Baseball Players Association by certified
mail, return receipt requested.
Issued at Washington, DC on December 17,
2010.
Joshua Gotbaum,
Director.
[FR Doc. 2010–32532 Filed 12–27–10; 8:45 am]
BILLING CODE 7708–01–P
OFFICE OF PERSONNEL
MANAGEMENT
National Council on Federal LaborManagement Relations Meeting
Office of Personnel
Management.
ACTION: Notice of meeting.
AGENCY:
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For the National Council.
John Berry,
Director.
[FR Doc. 2010–32625 Filed 12–27–10; 8:45 am]
The National Council on
Federal Labor-Management Relations
plans to meet on the following dates—
Wednesday, January 19, 2011.
Wednesday, February 16, 2011.
The meetings will start at 10 a.m. and
will be held in the AIA Gallery Room at
the American Institute of Architects,
1735 New York Avenue, NW.,
Washington, DC 20006. Interested
parties should consult the Council Web
site at https://www.lmrcouncil.gov for the
latest information on Council activities,
including changes in meeting dates.
The Council is an advisory body
composed of representatives of Federal
employee organizations, Federal
management organizations, and senior
government officials. The Council was
established by Executive Order 13522,
entitled, ‘‘Creating Labor-Management
SUMMARY:
Forums to Improve Delivery of
Government Services,’’ which was
signed by the President on December 9,
2009. Along with its other
responsibilities, the Council assists in
the implementation of Labor
Management Forums throughout the
government and makes
recommendations to the President on
innovative ways to improve delivery of
services and products to the public
while cutting costs and advancing
employee interests. The Council is cochaired by the Director of the Office of
Personnel Management and the Deputy
Director for Management of the Office of
Management and Budget.
At its meetings, the Council will
continue its work in promoting
cooperative and productive
relationships between labor and
management in the executive branch, by
carrying out the responsibilities and
functions listed in Section 1(b) of the
Executive Order. The meetings are open
to the public. Please contact the Office
of Personnel Management at the address
shown below if you wish to present
material to the Council at the meeting.
The manner and time prescribed for
presentations may be limited,
depending upon the number of parties
that express interest in presenting
information.
FOR FURTHER INFORMATION CONTACT: Tim
Curry, Deputy Associate Director for
Partnership and Labor Relations, Office
of Personnel Management, 1900 E
Street, NW., Room 7H28–E,
Washington, DC 20415. Phone (202)
606–2930; FAX (202) 606–2613; or
e-mail at PLR@opm.gov.
BILLING CODE 6325–39–P
OFFICE OF SCIENCE AND
TECHNOLOGY POLICY
Aeronautics Science and Technology
Subcommittee; Committee on
Technology; National Science and
Technology Council
Notice of Meeting—Public input
is requested on the National
Aeronautics Research, Development,
Test and Evaluation (RDT&E)
Infrastructure Plan.
ACTION:
The Aeronautics Science and
Technology Subcommittee (ASTS) of
the National Science and Technology
Council’s (NSTC) Committee on
Technology will hold a public meeting
SUMMARY:
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Federal Register / Vol. 75, No. 248 / Tuesday, December 28, 2010 / Notices
to review and discuss the National
Aeronautics RDT&E Infrastructure Plan.
Executive Order (E.O.) 13419—National
Aeronautics Research and
Development—signed December 20,
2006, calls for the development of this
plan. The plan is guided by both the
National Aeronautics Research and
Development (R&D) Policy and the
National Aeronautics Research and
Development Plan that were developed
by the NSTC in consonance with E.O.
13419.
Dates and Addresses: The meeting
will be held in conjunction with the
49th AIAA Aerospace Sciences Meeting
at the Orlando World Center Marriott,
8701 World Center Drive, Orlando,
Florida 32821 on Friday, January 7,
2011, from 1 p.m. to 2:30 p.m. in Crystal
Ballroom A. Information regarding the
49th AIAA Aerospace Sciences Meeting
is available at the: https://www.aiaa.org
Web site. Note: Persons solely attending
this ASTS public meeting do not need
to register for the AIAA Conference and
Exhibit to attend this public meeting.
There will be no admission charge for
persons solely attending the public
meeting. Seating is limited and will be
on a first come, first served basis.
FOR FURTHER INFORMATION CONTACT:
Additional information and links to E.O.
13419, the National Aeronautics R&D
Policy, the National Aeronautics R&D
Plan are available by visiting the Office
of Science and Technology Policy’s
NSTC Web site at: https://
www.whitehouse.gov/administration/
eop/ostp/nstc/aero or by calling 202–
456–6012.
E.O.
13419 and the National Aeronautics
R&D Policy call for executive
departments and agencies conducting
aeronautics R&D to engage industry,
academia and other non-Federal
stakeholders in support of government
planning and performance of
aeronautics R&D. At this meeting, ASTS
members will review the content of the
National Aeronautics RDT&E
Infrastructure Plan and receive input to
help inform the future development of
national aeronautics R&D planning
documents.
emcdonald on DSK2BSOYB1PROD with NOTICES
SUPPLEMENTARY INFORMATION:
Ted Wackler,
Deputy Chief of Staff, OSTP.
[FR Doc. 2010–32633 Filed 12–27–10; 8:45 am]
BILLING CODE 3170–W1–P
SECURITIES AND EXCHANGE
COMMISSION
Proposed Collection; Comment
Request
Upon Written Request, Copies Available
From: Securities and Exchange
Commission, Office of Investor
Education and Advocacy,
Washington, DC 20549–0213.
Extension: Rule 27d–1 and Form N–27D–1;
SEC File No. 270–499; OMB Control No.
3235–0560.
Notice is hereby given that, pursuant
to the Paperwork Reduction Act of 1995
(44 U.S.C. 3501 et seq.), the Securities
and Exchange Commission (the
‘‘Commission’’) is soliciting comments
on the collections of information under
the Investment Company Act of 1940
(‘‘Act’’) 1 summarized below. The
Commission plans to submit these
existing collections of information to the
Office of Management and Budget for
extension and approval.
Rule 27d–1 (17 CFR 270.27d–1) is
entitled ‘‘Reserve Requirements for
Principal Underwriters and Depositors
to Carry Out the Obligations to Refund
Charges Required by Section 27(d) and
Section 27(f) of the Act.’’ Form N–27D–
1 (17 CFR 274.127d–1) is entitled
‘‘Accounting of Segregated Trust
Account.’’ Rule 27d–1 requires the
depositor or principal underwriter for
an issuer of a periodic payment plan to
deposit funds into a segregated trust
account to provide assurance of its
ability to fulfill its refund obligations
under sections 27(d) and 27(f) of the
Act. The rule sets forth minimum
reserve amounts and guidelines for the
management and disbursement of the
assets in the account. A single account
may be used for the periodic payment
plans of multiple investment
companies. Rule 27d–1(j) directs
depositors and principal underwriters to
make an accounting of their segregated
trust accounts on Form N–27D–1, which
is intended to facilitate the
Commission’s oversight of compliance
with the reserve requirements set forth
in rule 27d–1. The form requires
depositors and principal underwriters to
report deposits to a segregated trust
account, including those made pursuant
to paragraphs (c) and (e) of the rule.
Withdrawals pursuant to paragraph (f)
of the rule also must be reported. In
addition, the form solicits information
regarding the minimum amount
required to be maintained under
paragraphs (d) and (e) of rule 27d–1.
Depositors and principal underwriters
must file the form once a year on or
1 15
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81679
before January 31 of the year following
the year for which information is
presented.2
Rule 27d–1, which was explicitly
authorized by statute, provides
assurance that depositors and principal
underwriters of issuers have access to
sufficient cash to meet the demands of
certificate holders who reconsider their
decisions to invest in a periodic
payment plan. The information
collection requirements in rule 27d–1
enable the Commission to monitor
compliance with reserve rules.
Effective October 27, 2006, the
Military Personnel Financial Services
Protection Act banned the issuance or
sale of new periodic payment plans.
Accordingly, the staff estimates that
there is no longer any information
collection burden associated with rule
27d–1 or Form N–27D–1. For
administrative purposes, however, we
are requesting approval for an
information collection burden of one
hour per year. This estimate of burden
hours is not derived from a
comprehensive or necessarily even a
representative study of the cost of the
Commission’s rules and forms.
Complying with the collection of
information requirements of rule 27d–1
is mandatory for depositors or principal
underwriters of issuers of periodic
payment plans unless they comply with
the requirements in rule 27d–2 (17 CFR
270.27d–2). The information provided
pursuant to rule 27d–1 is public and,
therefore, will not be kept confidential.
An agency may not conduct or sponsor,
and a person is not required to respond
to, a collection of information unless it
displays a currently valid OMB control
number.
Written comments are invited on: (a)
Whether the collection of information is
necessary for the proper performance of
the functions of the Commission,
including whether the information has
practical utility; (b) the accuracy of the
Commission’s estimate of the burden of
the collection of information; (c) ways to
enhance the quality, utility, and clarity
of the information collected; and (d)
ways to minimize the burden of the
collection of information on
2 Instead of relying on rule 27d–1 and filing Form
N–27D–1, depositors or principal underwriters for
the issuers of periodic payment plans may rely on
the exemption afforded by rule 27d–2. In order to
comply with rule 27d–2: (i) The depositor or
principal underwriter must secure from an
insurance company a written guarantee of the
refund requirements; (ii) the insurance company
must satisfy certain financial criteria; and (iii) the
depositor or principal underwriter must file as an
exhibit to the issuer’s registration statement, a copy
of the written undertaking, an annual statement that
the insurance company has met the requisite
financial criteria on a monthly basis, and an annual
audited balance sheet.
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]]>Agencies
[Federal Register Volume 75, Number 248 (Tuesday, December 28, 2010)]
[Notices]
[Pages 81678-81679]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2010-32633]
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OFFICE OF SCIENCE AND TECHNOLOGY POLICY
Aeronautics Science and Technology Subcommittee; Committee on
Technology; National Science and Technology Council
ACTION: Notice of Meeting--Public input is requested on the National
Aeronautics Research, Development, Test and Evaluation (RDT&E)
Infrastructure Plan.
-----------------------------------------------------------------------
SUMMARY: The Aeronautics Science and Technology Subcommittee (ASTS) of
the National Science and Technology Council's (NSTC) Committee on
Technology will hold a public meeting
[[Page 81679]]
to review and discuss the National Aeronautics RDT&E Infrastructure
Plan. Executive Order (E.O.) 13419--National Aeronautics Research and
Development--signed December 20, 2006, calls for the development of
this plan. The plan is guided by both the National Aeronautics Research
and Development (R&D) Policy and the National Aeronautics Research and
Development Plan that were developed by the NSTC in consonance with
E.O. 13419.
Dates and Addresses: The meeting will be held in conjunction with
the 49th AIAA Aerospace Sciences Meeting at the Orlando World Center
Marriott, 8701 World Center Drive, Orlando, Florida 32821 on Friday,
January 7, 2011, from 1 p.m. to 2:30 p.m. in Crystal Ballroom A.
Information regarding the 49th AIAA Aerospace Sciences Meeting is
available at the: https://www.aiaa.org Web site. Note: Persons solely
attending this ASTS public meeting do not need to register for the AIAA
Conference and Exhibit to attend this public meeting. There will be no
admission charge for persons solely attending the public meeting.
Seating is limited and will be on a first come, first served basis.
FOR FURTHER INFORMATION CONTACT: Additional information and links to
E.O. 13419, the National Aeronautics R&D Policy, the National
Aeronautics R&D Plan are available by visiting the Office of Science
and Technology Policy's NSTC Web site at: https://www.whitehouse.gov/administration/eop/ostp/nstc/aero or by calling 202-456-6012.
SUPPLEMENTARY INFORMATION: E.O. 13419 and the National Aeronautics R&D
Policy call for executive departments and agencies conducting
aeronautics R&D to engage industry, academia and other non-Federal
stakeholders in support of government planning and performance of
aeronautics R&D. At this meeting, ASTS members will review the content
of the National Aeronautics RDT&E Infrastructure Plan and receive input
to help inform the future development of national aeronautics R&D
planning documents.
Ted Wackler,
Deputy Chief of Staff, OSTP.
[FR Doc. 2010-32633 Filed 12-27-10; 8:45 am]
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