Agency Information Collection Activities; Submission for OMB Review; Comment Request; Plan Asset Transactions Determined by Independent Qualified Professional Asset Managers Under Prohibited Transaction Class Exemption 84-14, 41423-41424 [2013-16552]

Download as PDF Federal Register / Vol. 78, No. 132 / Wednesday, July 10, 2013 / Notices reproduction cost) payable to the United States Treasury. To submit comments: Send them to: Maureen Katz, Assistant Section Chief, Environmental Enforcement Section, Environment and Natural Resources Division. By email ....... pubcomment-ees.enrd@ usdoj.gov. Assistant Attorney General, U.S. DOJ—ENRD, P.O. Box 7611, Washington, DC 20044–7611. By mail ......... [FR Doc. 2013–16564 Filed 7–9–13; 8:45 am] BILLING CODE 4410–15–P DEPARTMENT OF JUSTICE TKELLEY on DSK3SPTVN1PROD with NOTICES Notice of Lodging of Proposed Consent Decree Under the Oil Pollution Act On July 2, 2013, the Department of Justice lodged a proposed Consent Decree with the United States District Court for the District of Alaska in the lawsuit entitled United States and State of Alaska v. Adak Petroleum, LLC, Civil Action No. 3:13–cv–00121–HRH. In this action, the United States of America, acting at the request of National Oceanic and Atmospheric Administration and the Department of the Interior, and the State of Alaska, acting at the request of the Alaska Department of Fish and Game, the Alaska Department of Natural Resources, the Alaska Department of Law, and the Alaska Department of Environmental Conservation, sought recovery of natural resource damages from Adak Petroleum, LLC (Adak) pursuant to Section 1002 of the Oil Pollution Act, 33 U.S.C. 2702 and similar Alaska state provisions. The natural resource damages occurred when Adak accidentally released up to 142,000 gallons of diesel fuel when it was trying to refill a tank in its tank farm located in the Aleutian Islands. Under the Consent Decree, Adak will perform a restoration project to compensate for the injured natural resources, as well as pay all past and future assessment and oversight costs to state and federal agencies. In return, Adak will receive a covenant-not-to-sue for natural resource damages arising from the release. The publication of this notice opens a period for public comment on the Consent Decree. Comments should be addressed to the Assistant Attorney General, Environment and Natural Resources Division, and should refer to United States and State of Alaska v. Adak Petroleum, LLC, D.J. Ref. No. 90–5–1–1–10506. All comments must be submitted no later than thirty (30) days after the publication date of this notice. Comments may be submitted either by email or by mail: VerDate Mar<15>2010 17:42 Jul 09, 2013 Jkt 229001 During the public comment period, the Consent Decree may be examined and downloaded at this Justice Department Web site: http:// www.usdoj.gov/enrd/ Consent_Decrees.html. We will provide a paper copy of the Consent Decree upon written request and payment of reproduction costs. Please mail your request and payment to: Consent Decree Library, U.S. DOJ—ENRD, P.O. Box 7611, Washington, DC 20044–7611. Please enclose a check or money order for $13 (25 cents per page reproduction cost) payable to the United States Treasury. Robert E. Maher, Jr., Assistant Section Chief, Environmental Enforcement Section, Environment and Natural Resources Division. [FR Doc. 2013–16514 Filed 7–9–13; 8:45 am] BILLING CODE 4410–15–P DEPARTMENT OF LABOR Office of the Secretary Agency Information Collection Activities; Submission for OMB Review; Comment Request; Plan Asset Transactions Determined by Independent Qualified Professional Asset Managers Under Prohibited Transaction Class Exemption 84–14 ACTION: Notice. The Department of Labor (DOL) is submitting the Employee Benefits Security Administration (EBSA) sponsored information collection request (ICR) titled, ‘‘Plan Asset Transactions Determined by Independent Qualified Professional Asset Managers under Prohibited Transaction Class Exemption 84–14,’’ to the Office of Management and Budget (OMB) for review and approval for continued use, without change, in accordance with the Paperwork Reduction Act (PRA) of 1995 (44 U.S.C. 3501 et seq.). DATES: Submit comments on or before August 9, 2013. ADDRESSES: A copy of this ICR with applicable supporting documentation; including a description of the likely respondents, proposed frequency of SUMMARY: PO 00000 Frm 00072 Fmt 4703 Sfmt 4703 41423 response, and estimated total burden may be obtained free of charge from the RegInfo.gov Web site at http:// www.reginfo.gov/public/do/ PRAViewICR?ref_nbr=1210-0128 (this link will only become active on the day following publication of this notice) or by contacting Michel Smyth by telephone at 202–693–4129 (this is not a toll-free number) or sending an email to DOL_PRA_PUBLIC@dol.gov. Submit comments about this request to the Office of Information and Regulatory Affairs, Attn: OMB Desk Officer for DOL–EBSA, Office of Management and Budget, Room 10235, 725 17th Street NW., Washington, DC 20503, Fax: 202–395–6881 (this is not a toll-free number), email: OIRA_submission@omb.eop.gov. FOR FURTHER INFORMATION CONTACT: Michel Smyth by telephone at 202–693– 4129 (this is not a toll-free number) or by email at DOL_PRA_PUBLIC@dol.gov. Authority: 44 U.S.C. 3507(a)(1)(D). Prohibited Transaction Class Exemption 84–14 permits a party that is related to an employee benefit plan to engage in transactions involving plan assets if, among other conditions, the assets are managed by a qualified professional asset manager (QPAM) that is independent of the parties in interest. Additional relief is also available under specific circumstances that are fully addressed within the exemption. The information collection requirements that are conditions of the exemption include written policies and procedures by a QPAM and audit requirements. An independent auditor uses the written policies and procedures to determine whether the QPAM is in compliance with the written policies and procedures and whether the exemption conditions have been met. These information collections are designed to safeguard participants and beneficiaries in plans that are involved in transactions covered by the exemption. The exemption does not require any reporting or filing with the Federal government. For additional substantive information about this ICR, see the related notice published in the Federal Register on November 27, 2012 (77 FR 70828). This information collection is subject to the PRA. A Federal agency generally cannot conduct or sponsor a collection of information, and the public is generally not required to respond to an information collection, unless it is approved by the OMB under the PRA and displays a currently valid OMB Control Number. In addition, notwithstanding any other provisions of SUPPLEMENTARY INFORMATION: E:\FR\FM\10JYN1.SGM 10JYN1 TKELLEY on DSK3SPTVN1PROD with NOTICES 41424 Federal Register / Vol. 78, No. 132 / Wednesday, July 10, 2013 / Notices law, no person shall generally be subject to penalty for failing to comply with a collection of information that does not display a valid Control Number. See 5 CFR 1320.5(a) and 1320.6. The DOL obtains OMB approval for this information collection under Control Number 1210–0128. OMB authorization for an ICR cannot be for more than three (3) years without renewal, and the current approval for this collection is scheduled to expire on July 31, 2013. The DOL seeks to extend PRA authorization for this information collection for three (3) more years, without any change to existing requirements. It should also be noted that existing information collection requirements submitted to the OMB receive a month-to-month extension while they undergo review. Interested parties are encouraged to send comments to the OMB, Office of Information and Regulatory Affairs at the address shown in the ADDRESSES section within 30 days of publication of this notice in the Federal Register. In order to help ensure appropriate consideration, comments should mention OMB Control Number 1210– 0128. The OMB 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 submission of responses. Agency: DOL–EBSA. Title of Collection: Plan Asset Transactions Determined by Independent Qualified Professional Asset Managers under Prohibited Transaction Class Exemption 84–14. OMB Control Number: 1210–0128. Affected Public: Private Sector— businesses or other for-profits. Total Estimated Number of Respondents: 5,100. Total Estimated Number of Responses: 5,151. VerDate Mar<15>2010 17:42 Jul 09, 2013 Jkt 229001 Total Estimated Annual Burden Hours: 122,438. Total Estimated Annual Other Costs Burden: $51,000,000. Dated: July 2, 2013. Michel Smyth, Departmental Clearance Officer. [FR Doc. 2013–16552 Filed 7–9–13; 8:45 am] BILLING CODE 4510–29–P OFFICE OF MANAGEMENT AND BUDGET Audits of States, Local Governments, and Non-Profit Organizations; OMB Circular A–133 Compliance Supplement Executive Office of the President, Office of Management and Budget. ACTION: Notice of availability of the 2013 OMB Circular A–133 Compliance Supplement. AGENCY: This notice announces the availability of the 2013 OMB Circular A–133 Compliance Supplement (Supplement). The notice also offers interested parties an opportunity to comment on the 2013 Supplement. The 2013 Supplement adds four new programs, which are added to existing clusters. It deletes 23 programs and has also been updated for program changes and technical corrections. The four added programs are: • Catalog of Federal Assistance (CFDA) 10.565—Commodity Supplemental Food Program (as part of the newly titled Food Distribution Cluster) • CFDA 14.889—Choice Neighborhoods Implementation Grants (as part of a new HOPE VI Cluster) • CFDA 20.525—State of Good Repair Grants (as part of the Federal Transit Cluster) • CFDA 20.526—Bus and Bus Facilities Formula Grants (as part of the Federal Transit Cluster) The deleted programs are: CFDA 14.258—Tax Credit Assistance Program (TCAP) (Recovery Act Funded) CFDA 14.907—Lead-Based Paint Hazard Control in Privately-Owned Housing (Recovery Act Funded) CFDA 14.908—Healthy Homes Demonstration Grants (Recovery Act Funded) CFDA 14.909—Lead Hazard Reduction Demonstration Grant Program (Recovery Act Funded) CFDA 14.910—Healthy Homes Technical Studies Grants (Recovery Act Funded) CFDA 84.032—Federal Family Education Loans (FFEL) SUMMARY: PO 00000 Frm 00073 Fmt 4703 Sfmt 4703 CFDA 84.375—Academic Competitiveness Grants (ACG) CFDA 84.376—National Science and Mathematics Access to Retain Talent (SMART) Grants (SMART Grants) CFDA 84.390—Rehabilitation Services—Vocational Rehabilitation Grants to States, Recovery Act CFDA 84.391—Special Education— Grants to States (IDEA, Part B), Recovery Act CFDA 84.392—Special Education— Preschool Grants (IDEA Preschool), Recovery Act CFDA 84.393—Special Education— Grants for Infants and Families, Recovery Act CFDA 84.394—State Fiscal Stabilization Fund (SFSF)—Education State Grants, Recovery Act (Education Stabilization Fund) CFDA 84.397—State Fiscal Stabilization Fund (SFSF)—Government Services, Recovery Act CFDA 93.407—ARRA—Scholarships for Disadvantaged Students (ARRA–SDS) CFDA 93.705—Aging Home-Delivered Nutrition Services for States (Recovery Act) CFDA 93.707—Aging Congregate Nutrition Services for States (Recovery Act) CFDA 93.708—ARRA—Head Start CFDA 93.709—ARRA—Early Head Start CFDA 93.710—ARRA—Community Services Block Grant CFDA 93.712—ARRA—Immunization CFDA 97.114—Emergency Food and Shelter National Board Program (ARRA) • CFDA 97.109—Disaster Housing Assistance Grant A list of changes to the 2013 Supplement can be found at Appendix V. Appendix VII provides an audit alert concerning deletion of American Recovery and Reinvestment Act programs from clusters (which accounts for many of the deleted programs). Due to its length, the 2013 Supplement is not included in this Notice. See ADDRESSES for information about how to obtain a copy either on line or through the Government Printing Office. DATES: The 2013 Supplement supersedes the 2012 Supplement and will apply to audits of fiscal years beginning after June 30, 2012. All comments on the 2013 Supplement must be in writing and received by October 31, 2013. Late comments will be considered to the extent practicable. We received no comments on the 2012 Supplement. Due to potential delays in OMB’s receipt and processing of mail sent through the U.S. Postal Service, we encourage respondents to submit E:\FR\FM\10JYN1.SGM 10JYN1

Agencies

[Federal Register Volume 78, Number 132 (Wednesday, July 10, 2013)]
[Notices]
[Pages 41423-41424]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2013-16552]


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DEPARTMENT OF LABOR

Office of the Secretary


Agency Information Collection Activities; Submission for OMB 
Review; Comment Request; Plan Asset Transactions Determined by 
Independent Qualified Professional Asset Managers Under Prohibited 
Transaction Class Exemption 84-14

ACTION: Notice.

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

SUMMARY: The Department of Labor (DOL) is submitting the Employee 
Benefits Security Administration (EBSA) sponsored information 
collection request (ICR) titled, ``Plan Asset Transactions Determined 
by Independent Qualified Professional Asset Managers under Prohibited 
Transaction Class Exemption 84-14,'' to the Office of Management and 
Budget (OMB) for review and approval for continued use, without change, 
in accordance with the Paperwork Reduction Act (PRA) of 1995 (44 U.S.C. 
3501 et seq.).

DATES: Submit comments on or before August 9, 2013.

ADDRESSES: A copy of this ICR with applicable supporting documentation; 
including a description of the likely respondents, proposed frequency 
of response, and estimated total burden may be obtained free of charge 
from the RegInfo.gov Web site at http://www.reginfo.gov/public/do/PRAViewICR?ref_nbr=1210-0128 (this link will only become active on the 
day following publication of this notice) or by contacting Michel Smyth 
by telephone at 202-693-4129 (this is not a toll-free number) or 
sending an email to DOL_PRA_PUBLIC@dol.gov.
    Submit comments about this request to the Office of Information and 
Regulatory Affairs, Attn: OMB Desk Officer for DOL-EBSA, Office of 
Management and Budget, Room 10235, 725 17th Street NW., Washington, DC 
20503, Fax: 202-395-6881 (this is not a toll-free number), email: 
OIRA_submission@omb.eop.gov.

FOR FURTHER INFORMATION CONTACT: Michel Smyth by telephone at 202-693-
4129 (this is not a toll-free number) or by email at DOL_PRA_PUBLIC@dol.gov.

    Authority: 44 U.S.C. 3507(a)(1)(D).

SUPPLEMENTARY INFORMATION: Prohibited Transaction Class Exemption 84-14 
permits a party that is related to an employee benefit plan to engage 
in transactions involving plan assets if, among other conditions, the 
assets are managed by a qualified professional asset manager (QPAM) 
that is independent of the parties in interest. Additional relief is 
also available under specific circumstances that are fully addressed 
within the exemption. The information collection requirements that are 
conditions of the exemption include written policies and procedures by 
a QPAM and audit requirements. An independent auditor uses the written 
policies and procedures to determine whether the QPAM is in compliance 
with the written policies and procedures and whether the exemption 
conditions have been met. These information collections are designed to 
safeguard participants and beneficiaries in plans that are involved in 
transactions covered by the exemption. The exemption does not require 
any reporting or filing with the Federal government. For additional 
substantive information about this ICR, see the related notice 
published in the Federal Register on November 27, 2012 (77 FR 70828).
    This information collection is subject to the PRA. A Federal agency 
generally cannot conduct or sponsor a collection of information, and 
the public is generally not required to respond to an information 
collection, unless it is approved by the OMB under the PRA and displays 
a currently valid OMB Control Number. In addition, notwithstanding any 
other provisions of

[[Page 41424]]

law, no person shall generally be subject to penalty for failing to 
comply with a collection of information that does not display a valid 
Control Number. See 5 CFR 1320.5(a) and 1320.6. The DOL obtains OMB 
approval for this information collection under Control Number 1210-
0128.
    OMB authorization for an ICR cannot be for more than three (3) 
years without renewal, and the current approval for this collection is 
scheduled to expire on July 31, 2013. The DOL seeks to extend PRA 
authorization for this information collection for three (3) more years, 
without any change to existing requirements. It should also be noted 
that existing information collection requirements submitted to the OMB 
receive a month-to-month extension while they undergo review.
    Interested parties are encouraged to send comments to the OMB, 
Office of Information and Regulatory Affairs at the address shown in 
the ADDRESSES section within 30 days of publication of this notice in 
the Federal Register. In order to help ensure appropriate 
consideration, comments should mention OMB Control Number 1210-0128. 
The OMB 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 submission of responses.
    Agency: DOL-EBSA.
    Title of Collection: Plan Asset Transactions Determined by 
Independent Qualified Professional Asset Managers under Prohibited 
Transaction Class Exemption 84-14.
    OMB Control Number: 1210-0128.
    Affected Public: Private Sector--businesses or other for-profits.
    Total Estimated Number of Respondents: 5,100.
    Total Estimated Number of Responses: 5,151.
    Total Estimated Annual Burden Hours: 122,438.
    Total Estimated Annual Other Costs Burden: $51,000,000.

    Dated: July 2, 2013.
Michel Smyth,
Departmental Clearance Officer.
[FR Doc. 2013-16552 Filed 7-9-13; 8:45 am]
BILLING CODE 4510-29-P