Agency Information Collection Activities; Submission for OMB Review; Comment Request; Voluntary Fiduciary Correction Program, 51608-51609 [2015-20966]

Download as PDF 51608 Federal Register / Vol. 80, No. 164 / Tuesday, August 25, 2015 / Notices publication of this notice in the Federal Register. In order to help ensure appropriate consideration, comments should mention OMB Control Number 1218–0196. 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–OSHA. Title of Collection: Marine Terminal Operations and Longshoring Standards. OMB Control Number: 1218–0196. Affected Public: Private Sector— businesses or other for-profits. Total Estimated Number of Respondents: 1,396. Total Estimated Number of Responses: 279,280. Total Estimated Annual Time Burden: 65,694 hours. Total Estimated Annual Other Costs Burden: $0. Dated: August 18, 2015. Michel Smyth, Departmental Clearance Officer. [FR Doc. 2015–20965 Filed 8–24–15; 8:45 am] BILLING CODE 4510–26–P 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 September 24, 2015. 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=201507-1210-003 (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–EBSA, Office of Management and Budget, Room 10235, 725 17th Street NW., Washington, DC 20503; by Fax: 202– 395–5806 (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). DEPARTMENT OF LABOR Office of the Secretary asabaliauskas on DSK5VPTVN1PROD with NOTICES Agency Information Collection Activities; Submission for OMB Review; Comment Request; Voluntary Fiduciary Correction Program ACTION: Notice. The Department of Labor (DOL) is submitting the Employee Benefits Security Administration (EBSA) sponsored information collection request (ICR) titled, ‘‘Voluntary Fiduciary Correction Program,’’ to the Office of Management and Budget (OMB) for review and SUMMARY: VerDate Sep<11>2014 17:10 Aug 24, 2015 This ICR seeks to extend PRA authority for the Voluntary Fiduciary Correction Program (VFCP) information collection. The VFCP provides a method for voluntary correction of specified types of transactions that violate (or are suspected of violating) Employee Retirement Income Security Act of 1974 (ERISA), 29 U.S.C. 1001 et seq., prohibited transaction provisions and for securing DOL assurance that the agency will take no further action with respect to the corrected transaction. The exemption, under specified conditions, relieves an applicant making a correction under the VFCP of additional taxes due pursuant to Internal Revenue SUPPLEMENTARY INFORMATION: Jkt 235001 PO 00000 Frm 00078 Fmt 4703 Sfmt 4703 Code section 4975. See 26 U.S.C. 4975. ERISA section 502 authorizes this information collection. See 29 U.S.C. 1132. 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 1210–0118. 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, 2015. 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 June 17, 2015 (80 FR 34696). 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 thirty (30) days of publication of this notice in the Federal Register. In order to help ensure appropriate consideration, comments should mention OMB Control Number 1210–0118. 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 E:\FR\FM\25AUN1.SGM 25AUN1 Federal Register / Vol. 80, No. 164 / Tuesday, August 25, 2015 / Notices technological collection techniques or other forms of information technology, e.g., permitting electronic submission of responses. Agency: DOL–EBSA. Title of Collection: Voluntary Fiduciary Correction Program. OMB Control Number: 1210–0118. Affected Public: Private Sector— businesses or other for profits. Total Estimated Number of Respondents: 1,800. Total Estimated Number of Responses: 50,700. Total Estimated Annual Time Burden: 8,100 hours. Total Estimated Annual Other Costs Burden: $329,200. Dated: August 19, 2015. Michel Smyth, Departmental Clearance Officer. The OMB Sequestration Reports to the President and Congress is available on-line on the OMB home page at: http://www.whitehouse.gov/ omb/legislative_reports/sequestration. BILLING CODE 4510–29–P OFFICE OF MANAGEMENT AND BUDGET FOR FURTHER INFORMATION CONTACT: OMB Sequestration Update Report to the President and Congress for Fiscal Year 2016 Executive Office of the President, Office of Management and Budget. ACTION: Notice of availability of the OMB Sequestration Update Report to the President and Congress for FY 2016. AGENCY: OMB is issuing the OMB Sequestration Update Report to the President and Congress for Fiscal Year 2016 to report on the status of the discretionary caps and on the compliance of pending discretionary appropriations legislation with those caps. For fiscal year 2015, the report finds enacted appropriations to be within the spending limits. For fiscal year 2016, the report finds that if the current limits remain unchanged, under OMB’s estimates of actions to date by both the House of Representatives and Senate for the 12 annual appropriations bills would result in a sequestration of approximately $3 million and $1 million, respectively, in discretionary programs in the defense category. The report also finds that fiscal year 2016 actions by the House of Representatives for the non-defense category would result in a sequestration of nearly $1.8 billion while OMB’s estimate of actions by the Senate for the non-defense category are in compliance with the current spending limit. Finally, the report also contains OMB’s Preview Estimate of the Disaster Relief Funding Adjustment for FY 2016. asabaliauskas on DSK5VPTVN1PROD with NOTICES VerDate Sep<11>2014 17:10 Aug 24, 2015 Jkt 235001 SUBMISSION AND AVAILABILITY OF REPORTS.—Each report required by this section shall be submitted, in the case of CBO, to the House of Representatives, the Senate and OMB and, in the case of OMB, to the House of Representatives, the Senate, and the President on the day it is issued. On the following day a notice of the report shall be printed in the Federal Register. ADDRESSES: [FR Doc. 2015–20966 Filed 8–24–15; 8:45 am] SUMMARY: Effective Date: August 20, 2015. Section 254 of the Balanced Budget and Emergency Deficit Control Act of 1985 requires the Office of Management and Budget (OMB) to issue a Sequestration Update Report on August 20th of each year. With regard to this update report and to each of the three required sequestration reports, section 254(b) specifically states the following: DATES: Thomas Tobasko, 6202 New Executive Office Building, Washington, DC 20503, Email address: ttobasko@omb.eop.gov, telephone number: (202) 395–5745, FAX number: (202) 395–4768. Because of delays in the receipt of regular mail related to security screening, respondents are encouraged to use electronic communications. Shaun Donovan, Director. [FR Doc. 2015–20982 Filed 8–24–15; 8:45 am] BILLING CODE P MILLENNIUM CHALLENGE CORPORATION [MCC FR 15–01] Report on Countries That Are Candidates for Millennium Challenge Account Eligibility in Fiscal Year 2016 and Countries That Would Be Candidates But For Legal Prohibitions Millennium Challenge Corporation. AGENCY: ACTION: Notice. Section 608(a) of the Millennium Challenge Act of 2003 requires the Millennium Challenge Corporation to publish a report that identifies countries that are ‘‘candidate countries’’ for Millennium Challenge Account assistance during FY 2016. The report is set forth in full below. SUMMARY: PO 00000 Frm 00079 Fmt 4703 Sfmt 4703 51609 Dated: August 18, 2015. Maame Ewusi-Mensah Frimpong, VP/General Counsel and Corporate Secretary, Millennium Challenge Corporation. Report on Countries That Are Candidates for Millennium Challenge Compact Eligibility for Fiscal Year 2016 and Countries That Would Be Candidates But for Legal Prohibitions Summary This report to Congress is provided in accordance with section 608(a) of the Millennium Challenge Act of 2003, as amended, 22 U.S.C. 7701, 7707(a) (the Act). The Act authorizes the provision of assistance for global development through the Millennium Challenge Corporation (MCC) for countries that enter into a Millennium Challenge Compact with the United States to support policies and programs that advance the progress of such countries to achieve lasting economic growth and poverty reduction. The Act requires MCC to take a number of steps in selecting countries with which MCC will seek to enter into a compact, including determining the countries that will be eligible countries for fiscal year (FY) 2016 based on (a) a country’s demonstrated commitment to (i) just and democratic governance, (ii) economic freedom, and (iii) investments in its people; and (b) the opportunity to reduce poverty and generate economic growth in the country, and (c) the availability of funds to MCC. These steps include the submission of reports to the congressional committees specified in the Act and the publication of notices in the Federal Register that identify: The countries that are ‘‘candidate countries’’ for FY 2016 based on their per capita income levels and their eligibility to receive assistance under U.S. law and countries that would be candidate countries but for specified legal prohibitions on assistance (section 608(a) of the Act); The criteria and methodology that the MCC Board of Directors (Board) will use to measure and evaluate the relative policy performance of the ‘‘candidate countries’’ consistent with the requirements of subsections (a) and (b) of section 607 of the Act in order to determine ‘‘eligible countries’’ from among the ‘‘candidate countries’’ (section 608(b) of the Act); and The list of countries determined by the Board to be ‘‘eligible countries’’ for FY 2016, identification of such countries with which the Board will seek to enter into compacts, and a justification for such eligibility E:\FR\FM\25AUN1.SGM 25AUN1

Agencies

[Federal Register Volume 80, Number 164 (Tuesday, August 25, 2015)]
[Notices]
[Pages 51608-51609]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-20966]


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DEPARTMENT OF LABOR

Office of the Secretary


Agency Information Collection Activities; Submission for OMB 
Review; Comment Request; Voluntary Fiduciary Correction Program

ACTION: Notice.

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

SUMMARY: The Department of Labor (DOL) is submitting the Employee 
Benefits Security Administration (EBSA) sponsored information 
collection request (ICR) titled, ``Voluntary Fiduciary Correction 
Program,'' 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 September 24, 2015.

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=201507-1210-003 (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-
EBSA, Office of Management and Budget, Room 10235, 725 17th Street NW., 
Washington, DC 20503; by Fax: 202-395-5806 (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 Voluntary Fiduciary Correction Program (VFCP) information 
collection. The VFCP provides a method for voluntary correction of 
specified types of transactions that violate (or are suspected of 
violating) Employee Retirement Income Security Act of 1974 (ERISA), 29 
U.S.C. 1001 et seq., prohibited transaction provisions and for securing 
DOL assurance that the agency will take no further action with respect 
to the corrected transaction. The exemption, under specified 
conditions, relieves an applicant making a correction under the VFCP of 
additional taxes due pursuant to Internal Revenue Code section 4975. 
See 26 U.S.C. 4975. ERISA section 502 authorizes this information 
collection. See 29 U.S.C. 1132.
    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 1210-0118.
    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, 2015. 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 June 17, 2015 (80 FR 
34696).
    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 thirty (30) days of publication of this 
notice in the Federal Register. In order to help ensure appropriate 
consideration, comments should mention OMB Control Number 1210-0118. 
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

[[Page 51609]]

technological collection techniques or other forms of information 
technology, e.g., permitting electronic submission of responses.
    Agency: DOL-EBSA.
    Title of Collection: Voluntary Fiduciary Correction Program.
    OMB Control Number: 1210-0118.
    Affected Public: Private Sector--businesses or other for profits.
    Total Estimated Number of Respondents: 1,800.
    Total Estimated Number of Responses: 50,700.
    Total Estimated Annual Time Burden: 8,100 hours.
    Total Estimated Annual Other Costs Burden: $329,200.

    Dated: August 19, 2015.
Michel Smyth,
Departmental Clearance Officer.
[FR Doc. 2015-20966 Filed 8-24-15; 8:45 am]
 BILLING CODE 4510-29-P