Agency Information Collection Activities; Submission for OMB Review; Comment Request; Employee Retirement Income Security Act Prohibited Transaction Class Exemption 1981-8, Investment of Plan Assets in Certain Types of Short-Term Investments, 32752-32753 [2014-13166]
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Federal Register / Vol. 79, No. 109 / Friday, June 6, 2014 / Notices
(PRA), 44 U.S.C. 3501 et seq. Public
comments on the ICR are invited.
DATES: The OMB will consider all
written comments that agency receives
on or before July 7, 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=201402-1220-002
(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, TTY 202–
693–8064, (these are not toll-free
numbers) or by email at 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–BLS,
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:
Departmental Information Compliance
Management 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, TTY 202–693–8064, (these are not
toll-free numbers) or by email at DOL_
PRA_PUBLIC@dol.gov.
Authority: 44 U.S.C. 3507(a)(1)(D).
This ICR
seeks to extend PRA authority for the
Current Population Survey (CPS)
Volunteer Supplement information
collection, which provides information
on the total number of individuals in
the United States involved in unpaid
volunteer activities, the frequency and
intensity with which individuals
volunteer, types of organizations for
which they volunteer, the activities in
which volunteers participate, and the
prevalence of volunteering more than
120 miles from home or volunteering
abroad. The Supplement also provides
information on civic engagement and
charitable donations. This information
collection is authorized by 29 U.S.C. 2.
This information collection is subject
to the PRA. A Federal agency generally
cannot conduct or sponsor a collection
wreier-aviles on DSK5TPTVN1PROD with NOTICES
SUPPLEMENTARY INFORMATION:
VerDate Mar<15>2010
13:59 Jun 05, 2014
Jkt 232001
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 1220–0176.
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
August 31, 2014. 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
February 24, 2014.
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 1220–
0176. 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–BLS.
Title of Collection: Current Population
Survey Volunteer Supplement.
PO 00000
Frm 00062
Fmt 4703
Sfmt 4703
OMB Control Number: 1220–0176.
Affected Public: Individuals or
Households.
Total Estimated Number of
Respondents: 63,000.
Total Estimated Number of
Responses: 106,000.
Total Estimated Annual Time Burden:
5,300 hours.
Total Estimated Annual Other Costs
Burden: $0.
Dated: June 2, 2014.
Michel Smyth,
Departmental Clearance Officer.
[FR Doc. 2014–13169 Filed 6–5–14; 8:45 am]
BILLING CODE 4510–24–P
DEPARTMENT OF LABOR
Office of the Secretary
Agency Information Collection
Activities; Submission for OMB
Review; Comment Request; Employee
Retirement Income Security Act
Prohibited Transaction Class
Exemption 1981–8, Investment of Plan
Assets in Certain Types of Short-Term
Investments
ACTION:
Notice.
The Department of Labor
(DOL) is submitting the Employee
Benefits Security Administration
(EBSA) sponsored information
collection request (ICR) titled,
‘‘Employee Retirement Income Security
Act Prohibited Transaction Class
Exemption 1981–8, Investment of Plan
Assets in Certain Types of Short-Term
Investments,’’ 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. Public
comments on the ICR are invited.
DATES: The OMB will consider all
written comments that agency receives
on or before July 7, 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=201403-1210-002
(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, TTY 202–
693–8064, (these are not toll-free
numbers) or by email at DOL_PRA_
PUBLIC@dol.gov.
SUMMARY:
E:\FR\FM\06JNN1.SGM
06JNN1
Federal Register / Vol. 79, No. 109 / Friday, June 6, 2014 / Notices
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:
Departmental Information Compliance
Management 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, TTY 202–693–8064, (these are not
toll-free numbers) or by email at DOL_
PRA_PUBLIC@dol.gov.
Authority: 44 U.S.C. 3507(a)(1)(D).
This ICR
seeks to extend PRA authority for the
information collection requirements
contained in Employee Retirement
Income Security Act (ERISA) Prohibited
Transaction Class Exemption (PTE)
1981–8, Investment of Plan Assets in
Certain Types of Short-Term
Investments, which permits the
investment of ERISA covered plan
assets that involve the purchase or other
acquisition, holding, sale, exchange, or
redemption by or on behalf of an
employee benefit plan of certain types
of short-term investments. The PTE
requires two basic disclosure
requirements. Both affect only the
portion of the exemption dealing with
repurchase agreements. The first
requirement calls for the repurchase
agreements between the seller and the
plan to be in writing. The repurchase
agreements have a duration of one year
or less and may be in the form of a
blanket agreement that covers the
transactions for the year. The written
agreement is intended to put the plan on
notice of possible fees associated with
the redemption of open-end mutual
fund shares. The second requirement
obliges the seller of such repurchase
agreements to provide the most recent
financial statements to the plan at the
time of the sale and as the statements
are issued. The seller must also
represent, either in the repurchase
agreement or prior to each repurchase
agreement transaction, that, as of the
time the transaction is negotiated, there
has been no material adverse change in
the seller’s financial condition since the
date the most recent financial statement
wreier-aviles on DSK5TPTVN1PROD with NOTICES
SUPPLEMENTARY INFORMATION:
VerDate Mar<15>2010
13:59 Jun 05, 2014
Jkt 232001
was furnished that has not been
disclosed to the plan fiduciary with
whom the written agreement is made.
The Internal Revenue Code of 1986 and
ERISA authorize the information
collection activities. See 26 U.S.C.
4975(c) and 29 U.S.C. 1108.
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 1210–0061.
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
June 30, 2014. 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
November 29, 2013 (78 FR 71668).
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–
0061. 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
PO 00000
Frm 00063
Fmt 4703
Sfmt 4703
32753
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: Employee
Retirement Income Security Act
Prohibited Transaction Class Exemption
1981–8, Investment of Plan Assets in
Certain Types of Short-Term
Investments.
OMB Control Number: 1210–0062.
Affected Public: Private Sector—
businesses or other for-profits and notfor-profit institutions.
Total Estimated Number of
Respondents: 65,000.
Total Estimated Number of
Responses: 325,000.
Total Estimated Annual Time Burden:
81,000 hours.
Total Estimated Annual Other Costs
Burden: $99,000.
Dated: June 2, 2014.
Michel Smyth,
Departmental Clearance Officer.
[FR Doc. 2014–13166 Filed 6–5–14; 8:45 am]
BILLING CODE 4510–29–P
DEPARTMENT OF LABOR
Office of the Secretary
Agency Information Collection
Activities; Submission for OMB
Review; Comment Request; Consumer
Price Index Commodities and Services
Survey
ACTION:
Notice.
The Department of Labor
(DOL) is submitting the Bureau of Labor
Statistics (BLS) sponsored information
collection request (ICR) titled,
‘‘Consumer Price Index Commodities
and Services Survey,’’ 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. Public
comments on the ICR are invited.
DATES: The OMB will consider all
written comments that agency receives
on or before July 7, 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=201402-1220-003
SUMMARY:
E:\FR\FM\06JNN1.SGM
06JNN1
Agencies
[Federal Register Volume 79, Number 109 (Friday, June 6, 2014)]
[Notices]
[Pages 32752-32753]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2014-13166]
-----------------------------------------------------------------------
DEPARTMENT OF LABOR
Office of the Secretary
Agency Information Collection Activities; Submission for OMB
Review; Comment Request; Employee Retirement Income Security Act
Prohibited Transaction Class Exemption 1981-8, Investment of Plan
Assets in Certain Types of Short-Term Investments
ACTION: Notice.
-----------------------------------------------------------------------
SUMMARY: The Department of Labor (DOL) is submitting the Employee
Benefits Security Administration (EBSA) sponsored information
collection request (ICR) titled, ``Employee Retirement Income Security
Act Prohibited Transaction Class Exemption 1981-8, Investment of Plan
Assets in Certain Types of Short-Term Investments,'' 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. Public comments on the ICR are invited.
DATES: The OMB will consider all written comments that agency receives
on or before July 7, 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=201403-1210-002 (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, TTY 202-693-8064, (these are
not toll-free numbers) or by email at DOL_PRA_PUBLIC@dol.gov.
[[Page 32753]]
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: Departmental Information Compliance
Management 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, TTY 202-693-8064, (these are not toll-free numbers) or by email
at DOL_PRA_PUBLIC@dol.gov.
Authority: 44 U.S.C. 3507(a)(1)(D).
SUPPLEMENTARY INFORMATION: This ICR seeks to extend PRA authority for
the information collection requirements contained in Employee
Retirement Income Security Act (ERISA) Prohibited Transaction Class
Exemption (PTE) 1981-8, Investment of Plan Assets in Certain Types of
Short-Term Investments, which permits the investment of ERISA covered
plan assets that involve the purchase or other acquisition, holding,
sale, exchange, or redemption by or on behalf of an employee benefit
plan of certain types of short-term investments. The PTE requires two
basic disclosure requirements. Both affect only the portion of the
exemption dealing with repurchase agreements. The first requirement
calls for the repurchase agreements between the seller and the plan to
be in writing. The repurchase agreements have a duration of one year or
less and may be in the form of a blanket agreement that covers the
transactions for the year. The written agreement is intended to put the
plan on notice of possible fees associated with the redemption of open-
end mutual fund shares. The second requirement obliges the seller of
such repurchase agreements to provide the most recent financial
statements to the plan at the time of the sale and as the statements
are issued. The seller must also represent, either in the repurchase
agreement or prior to each repurchase agreement transaction, that, as
of the time the transaction is negotiated, there has been no material
adverse change in the seller's financial condition since the date the
most recent financial statement was furnished that has not been
disclosed to the plan fiduciary with whom the written agreement is
made. The Internal Revenue Code of 1986 and ERISA authorize the
information collection activities. See 26 U.S.C. 4975(c) and 29 U.S.C.
1108.
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 1210-0061.
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 June 30, 2014. 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 November 29, 2013 (78 FR
71668).
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 1210-0061.
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: Employee Retirement Income Security Act
Prohibited Transaction Class Exemption 1981-8, Investment of Plan
Assets in Certain Types of Short-Term Investments.
OMB Control Number: 1210-0062.
Affected Public: Private Sector--businesses or other for-profits
and not-for-profit institutions.
Total Estimated Number of Respondents: 65,000.
Total Estimated Number of Responses: 325,000.
Total Estimated Annual Time Burden: 81,000 hours.
Total Estimated Annual Other Costs Burden: $99,000.
Dated: June 2, 2014.
Michel Smyth,
Departmental Clearance Officer.
[FR Doc. 2014-13166 Filed 6-5-14; 8:45 am]
BILLING CODE 4510-29-P