Agency Information Collection Activities; Submission for OMB Review; Comment Request; Prohibited Transaction Class Exemption 1985-68 to Permit Employee Benefit Plans To Invest in Customer Notes of Employers, 73885-73886 [2013-29307]
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Federal Register / Vol. 78, No. 236 / Monday, December 9, 2013 / Notices
project remains open, and NAC intends
to file additional written notifications
disclosing all changes in membership.
On May 2, 2000, NAC 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 June 30, 2000 (65 FR 40693).
The last notification was filed with
the Department on July 22, 2013. A
notice was published in the Federal
Register pursuant to Section 6(b) of the
Act on August 26, 2013 (78 FR 52787).
Patricia A. Brink,
Director of Civil Enforcement, Antitrust
Division.
[FR Doc. 2013–29272 Filed 12–6–13; 8:45 am]
BILLING CODE P
Attn: OMB Desk Officer for DOL–EBSA,
Office of Management and Budget,
Room 10235, 725 17th Street NW.,
Washington, DC 20503; by Fax: 202–
395–6881 (this is not a toll-free
number); or by email:
OIRA_submission@omb.eop.gov.
Commenters are encouraged, but not
required, to send a courtesy copy of any
comments by mail or courier to the U.S.
Department of Labor-OASAM, Office of
the Chief Information Officer, Attn:
Information Policy and Assessment
Program, Room N1301, 200 Constitution
Avenue NW., Washington, DC 20210; or
by email: DOL_PRA_PUBLIC@dol.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).
DEPARTMENT OF LABOR
Office of the Secretary
Agency Information Collection
Activities; Submission for OMB
Review; Comment Request; Prohibited
Transaction Class Exemption 1985–68
to Permit Employee Benefit Plans To
Invest in Customer Notes of Employers
ACTION:
Notice.
The Department of Labor
(DOL) is submitting the Employee
Benefits Security Administration
(EBSA) sponsored information
collection request (ICR) titled,
‘‘Prohibited Transaction Class
Exemption 1985–68 to Permit Employee
Benefit Plans to Invest in Customer
Notes of Employers,’’ to the Office of
Management and Budget (OMB) for
review and approval for continued use,
without change, in accordance with the
Paperwork Reduction Act of 1995
(PRA), 44 U.S.C. 3501 et seq.
DATES: Submit comments on or before
January 8, 2014.
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 https://
www.reginfo.gov/public/do/
PRAViewICR?ref_nbr=201310-1210-002
(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
by mail or courier to the Office of
Information and Regulatory Affairs,
maindgalligan on DSK5TPTVN1PROD with NOTICES
SUMMARY:
VerDate Mar<15>2010
17:03 Dec 06, 2013
This ICR
seeks to maintain PRA authority for
information collection activities related
to Prohibited Transaction Class
Exemption (PTE) 1985–68, which
permits an employee benefit plan to
invest in an employer’s customer notes
under circumstances the Employee
Retirement Income Security Act of 1974
and Internal Revenue Code of 1986
would otherwise prohibit. More
specifically, this PTE describes the
conditions under which a plan may
acquire customer notes accepted by an
employer of employees covered by the
plan in the ordinary course of the
employer’s business activity and, thus,
be exempt from the prohibited
transaction restrictions; provided, the
exemption conditions are met. The PTE
covers sales as well as contributions of
customer notes by an employer to its
plan. The customer notes must have
been accepted by the employer in its
primary business activity as the seller of
tangible personal property that is being
financed by the notes, so that the
exemption does not apply to notes of an
employer’s affiliate.
The PTE includes a recordkeeping
provision that requires a plan seeking to
use the exemption to maintain records
that enable an interested party to
determine whether the exemption
conditions have been met. These
records must be maintained for six (6)
years from the date of the transaction.
The PTE also requires those records be
made available to certain persons on
request. Without this recordkeeping
requirement, the DOL would be
hampered in enforcing the exemption
terms and ensure user compliance.
This information collection is subject
to the PRA. A Federal agency generally
cannot conduct or sponsor a collection
of information, and the public is
SUPPLEMENTARY INFORMATION:
Jkt 232001
PO 00000
Frm 00070
Fmt 4703
Sfmt 4703
73885
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
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 1210–0094.
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
December 31, 2013. The DOL seeks to
extend PRA authorization for this
information collection for three (3) more
years, without any change to existing
requirements. The DOL notes that
existing information collection
requirements submitted to the OMB
receive a month-to-month extension
while they undergo review. For
additional substantive information
about this ICR, see the related notice
published in the Federal Register on
May 22, 2013 (78 FR 30333).
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–
0094. 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–ETA.
Title of Collection: Prohibited
Transaction Class Exemption 1985–68
E:\FR\FM\09DEN1.SGM
09DEN1
73886
Federal Register / Vol. 78, No. 236 / Monday, December 9, 2013 / Notices
to Permit Employee Benefit Plans to
Invest in Customer Notes of Employers.
OMB Control Number: 1210–0094.
Affected Public: Private Sector—
businesses or other for-profits and notfor-profit institutions.
Total Estimated Number of
Respondents: 69.
Total Estimated Number of
Responses: 325.
Total Estimated Annual Burden
Hours: 1.
Total Estimated Annual Other Costs
Burden: $0.
Dated: November 29, 2013.
Michel Smyth,
Departmental Clearance Officer.
[FR Doc. 2013–29307 Filed 12–6–13; 8:45 am]
BILLING CODE 4510–29–P
DEPARTMENT OF LABOR
Employment and Training
Administration
[TA–W–82,718; TA–W–82,718A]
maindgalligan on DSK5TPTVN1PROD with NOTICES
Schweitzer-Mauduit International, Inc.,
Paper Machine #21, Ancram, New
York; Schweitzer-Mauduit
International, Inc., Columbia Mill, Lee,
Massachusetts; Amended Certification
Regarding Eligibility To Apply for
Worker Adjustment Assistance
In accordance with Section 223 of the
Trade Act of 1974, as amended (‘‘Act’’),
19 U.S.C. 2273, the Department of Labor
issued a Certification of Eligibility to
Apply for Worker Adjustment
Assistance on May 30, 2013, applicable
to workers of Schweitzer-Mauduit
International, Inc., Paper Machine #21,
Ancram, New York. The workers are
engaged in activities related to the
production of porous plug warp and
long fiber papers for the cigarette
industry. The Department’s notice of
determination was published in the
Federal Register on June 21, 2013 (78
FR 37588).
At the request of a company official,
the Department reviewed the
certification for workers of the subject
firm. New information from the
company revealed that workers of
Schweitzer-Mauduit International, Inc.,
Columbia Mill, Lee, Massachusetts are
employed at a warehouse that stores the
porous plug warp and long fiber papers
for the cigarette industry produced at
Schweitzer-Mauduit International, Inc.,
Paper Machine #21, Ancram, New York
(TA–W–82,718). Although the workers
are included on the payroll for
Schweitzer-Mauduit International, Inc.,
Paper Machine #21, Ancram, New York
(TA–W–82,718), they work and live in
Massachusetts.
VerDate Mar<15>2010
17:03 Dec 06, 2013
Jkt 232001
The intent of the Department’s
certification is to include all workers of
the subject firm who were adversely
affected by increased imports.
Based on these findings, the
Department is amending this
certification to include workers working
at Schweitzer-Mauduit International,
Inc., Columbia Mill, Lee, Massachusetts
(TA–W–82,718A).
The amended notice applicable to
TA–W–82,718 is hereby issued as
follows:
All workers of Schweitzer-Mauduit
International, Inc., Paper Machine #21,
Ancram, New York (TA–W–82,718) and of
Schweitzer-Mauduit International, Inc.,
Columbia Mill, Lee, Massachusetts (TA–W–
82,718A), who became totally or partially
separated from employment on or after May
1, 2012 through May 30, 2015, and all
workers in the group threatened with total or
partial separation from employment on May
30, 2013 through May 30, 2015, are eligible
to apply for adjustment assistance under
Chapter 2 of Title II of the Trade Act of 1974,
as amended.
Signed in Washington, DC, this 19th day of
November 2013.
Michael W. Jaffe,
Certifying Officer, Office of Trade Adjustment
Assistance.
[FR Doc. 2013–29245 Filed 12–6–13; 8:45 am]
BILLING CODE 4510–FN–P
DEPARTMENT OF LABOR
Employment and Training
Administration
[TA–W–82,364]
Atmel Corporation, Colorado Springs,
Colorado; Amended Certification
Regarding Eligibility To Apply for
Worker Adjustment Assistance
In accordance with Section 223 of the
Trade Act of 1974, as amended (‘‘Act’’),
19 U.S.C. 2273, the Department of Labor
issued a Certification of Eligibility To
Apply for Worker Adjustment
Assistance on June 4, 2013, applicable
to workers of Atmel Corporation,
Colorado Springs, Colorado. The
Department’s notice of determination
was published in the Federal Register
on July 2, 2013 (Volume 78 FR Pages
39776–39779).
At the request of one-stop operator/
partner, the Department reviewed the
certification for workers of the subject
firm. The workers are engaged in
activities related to the production of
semiconductor wafers.
The one-stop operator/partner reports
that all of the workers at Atmel
Corporation, Colorado Springs,
Colorado were engaged in activities
related to production of semiconductor
PO 00000
Frm 00071
Fmt 4703
Sfmt 4703
wafers and that the certification should
not be limited to the Colorado Springs
Foundry Operations Group, Colorado
Springs Test Group and the Equipment
Engineering Services Group.
The amended notice applicable to
TA–W–82,364 is hereby issued as
follows:
All workers of Atmel Corporation,
Colorado Springs, Colorado who became
totally or partially separated from
employment on or after January 22, 2012
through June 4, 2015, and all workers in the
group threatened with total or partial
separation from employment on June 4, 2013
through June 4, 2015, are eligible to apply for
adjustment assistance under Chapter 2 of
Title II of the Trade Act of 1974, as amended.
Signed in Washington, DC, this 19th day of
November, 2013.
Michael W. Jaffe,
Certifying Officer, Office of Trade Adjustment
Assistance.
[FR Doc. 2013–29248 Filed 12–6–13; 8:45 am]
BILLING CODE 4510–FN–P
DEPARTMENT OF LABOR
Employment and Training
Administration
Notice of Determinations Regarding
Eligibility To Apply for Worker
Adjustment Assistance
In accordance with Section 223 of the
Trade Act of 1974, as amended (19
U.S.C. 2273) the Department of Labor
herein presents summaries of
determinations regarding eligibility to
apply for trade adjustment assistance for
workers by (TA–W) number issued
during the period of November 11, 2013
through November 15, 2013.
In order for an affirmative
determination to be made for workers of
a primary firm and a certification issued
regarding eligibility to apply for worker
adjustment assistance, each of the group
eligibility requirements of Section
222(a) of the Act must be met.
I. Under Section 222(a)(2)(A), the
following must be satisfied:
(1) A significant number or proportion
of the workers in such workers’ firm
have become totally or partially
separated, or are threatened to become
totally or partially separated;
(2) The sales or production, or both,
of such firm have decreased absolutely;
and
(3) One of the following must be
satisfied:
(A) Imports of articles or services like
or directly competitive with articles
produced or services supplied by such
firm have increased;
(B) Imports of articles like or directly
competitive with articles into which one
E:\FR\FM\09DEN1.SGM
09DEN1
]]>Agencies
[Federal Register Volume 78, Number 236 (Monday, December 9, 2013)]
[Notices]
[Pages 73885-73886]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2013-29307]
=======================================================================
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DEPARTMENT OF LABOR
Office of the Secretary
Agency Information Collection Activities; Submission for OMB
Review; Comment Request; Prohibited Transaction Class Exemption 1985-68
to Permit Employee Benefit Plans To Invest in Customer Notes of
Employers
ACTION: Notice.
-----------------------------------------------------------------------
SUMMARY: The Department of Labor (DOL) is submitting the Employee
Benefits Security Administration (EBSA) sponsored information
collection request (ICR) titled, ``Prohibited Transaction Class
Exemption 1985-68 to Permit Employee Benefit Plans to Invest in
Customer Notes of Employers,'' to the Office of Management and Budget
(OMB) for review and approval for continued use, without change, in
accordance with the Paperwork Reduction Act of 1995 (PRA), 44 U.S.C.
3501 et seq.
DATES: Submit comments on or before January 8, 2014.
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 https://www.reginfo.gov/public/do/PRAViewICR?ref_nbr=201310-1210-002 (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 by mail or courier 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; by Fax: 202-395-6881 (this is not a toll-free
number); or by email: OIRA_submission@omb.eop.gov. Commenters are
encouraged, but not required, to send a courtesy copy of any comments
by mail or courier to the U.S. Department of Labor-OASAM, Office of the
Chief Information Officer, Attn: Information Policy and Assessment
Program, Room N1301, 200 Constitution Avenue NW., Washington, DC 20210;
or by email: DOL_PRA_PUBLIC@dol.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: This ICR seeks to maintain PRA authority for
information collection activities related to Prohibited Transaction
Class Exemption (PTE) 1985-68, which permits an employee benefit plan
to invest in an employer's customer notes under circumstances the
Employee Retirement Income Security Act of 1974 and Internal Revenue
Code of 1986 would otherwise prohibit. More specifically, this PTE
describes the conditions under which a plan may acquire customer notes
accepted by an employer of employees covered by the plan in the
ordinary course of the employer's business activity and, thus, be
exempt from the prohibited transaction restrictions; provided, the
exemption conditions are met. The PTE covers sales as well as
contributions of customer notes by an employer to its plan. The
customer notes must have been accepted by the employer in its primary
business activity as the seller of tangible personal property that is
being financed by the notes, so that the exemption does not apply to
notes of an employer's affiliate.
The PTE includes a recordkeeping provision that requires a plan
seeking to use the exemption to maintain records that enable an
interested party to determine whether the exemption conditions have
been met. These records must be maintained for six (6) years from the
date of the transaction. The PTE also requires those records be made
available to certain persons on request. Without this recordkeeping
requirement, the DOL would be hampered in enforcing the exemption terms
and ensure user compliance.
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 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 1210-0094.
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 December 31, 2013. The DOL seeks to extend PRA
authorization for this information collection for three (3) more years,
without any change to existing requirements. The DOL notes that
existing information collection requirements submitted to the OMB
receive a month-to-month extension while they undergo review. For
additional substantive information about this ICR, see the related
notice published in the Federal Register on May 22, 2013 (78 FR 30333).
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 1210-0094.
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-ETA.
Title of Collection: Prohibited Transaction Class Exemption 1985-68
[[Page 73886]]
to Permit Employee Benefit Plans to Invest in Customer Notes of
Employers.
OMB Control Number: 1210-0094.
Affected Public: Private Sector--businesses or other for-profits
and not-for-profit institutions.
Total Estimated Number of Respondents: 69.
Total Estimated Number of Responses: 325.
Total Estimated Annual Burden Hours: 1.
Total Estimated Annual Other Costs Burden: $0.
Dated: November 29, 2013.
Michel Smyth,
Departmental Clearance Officer.
[FR Doc. 2013-29307 Filed 12-6-13; 8:45 am]
BILLING CODE 4510-29-P
