Agency Information Collection Activities; Submission for OMB Review; Comment Request; Sale of Securities To Reduce Indebtedness of Party in Interest, Prohibited Transaction Class Exemption 1980-83, 50727-50728 [2016-18189]

Download as PDF Federal Register / Vol. 81, No. 148 / Tuesday, August 2, 2016 / Notices IN WITNESS WHEREOF, I make this official record of the vote taken to close this meeting and authorize this record to be made available to the public. Dated: July 27, 2016. J. Patricia W. Smoot, Chairman, U.S. Parole Commission. [FR Doc. 2016–18450 Filed 7–29–16; 4:15 pm] BILLING CODE 4410–31–P DEPARTMENT OF LABOR Office of the Secretary Authority: 44 U.S.C. 3507(a)(1)(D). Agency Information Collection Activities; Submission for OMB Review; Comment Request; Sale of Securities To Reduce Indebtedness of Party in Interest, Prohibited Transaction Class Exemption 1980–83 ACTION: Notice. The Department of Labor (DOL) will submit the Employee Benefits Security Administration (EBSA) sponsored information collection request (ICR) titled, ‘‘Sale of Securities to Reduce Indebtedness of Party in Interest, Prohibited Transaction Class Exemption 1980–83,’’ to the Office of Management and Budget (OMB) on July 29, 2016, 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 1, 2016. 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=201607-1210-001 (this link will only become active on July 30, 2016) or by contacting Michel Smyth by telephone at 202–693–4129, TTY 202–693–8064, (these are not tollfree 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 mstockstill on DSK3G9T082PROD with NOTICES SUMMARY: VerDate Sep<11>2014 18:35 Aug 01, 2016 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: 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. Jkt 238001 This ICR seeks to extend PRA authority for the Sale of Securities to Reduce Indebtedness of Party in Interest, Prohibited Transaction Class Exemption 1980–83 (PTE 80–83) information collection. This PTE allows an employee benefit plan to purchase securities that may aid the issuer of the securities to reduce or retire indebtedness to a party in interest. Without the relief provided by the class exemption, Employee Retirement Income Security Act of 1974 (ERISA) prohibited transaction provisions would bar a standard type of financial/business transaction between a financial service provider and an employee benefit plan. This exemption also provides relief from Internal Revenue Code section 4975 prohibited transaction provisions. In order to take advantage of the relief provided by this PTE, an employee benefit plan must comply with all applicable exemption conditions, including keeping records sufficient to establish that exemption conditions have been met for exemption-covered transactions. The records must be maintained for a period of at least six years from a covered transaction and must be made reasonably available for inspection upon request by specified interested persons—including plan fiduciaries, participants and beneficiaries, sponsoring employers, DOL and Internal Revenue Service representatives, and contributing employers. ERISA, section 408(a) authorizes this information collection. See 29 U.S.C. 1108(a). 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 SUPPLEMENTARY INFORMATION: PO 00000 Frm 00046 Fmt 4703 Sfmt 4703 50727 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 1210–0064. OMB authorization for an ICR cannot be for more than three (3) years without renewal, and 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 23, 2015 (80 FR 72990). 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 1210–0064. 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: Sale of Securities to Reduce Indebtedness of Party in Interest, Prohibited Transaction Class Exemption 1980–83. OMB Control Number: 1210–0064. Affected Public: Private Sector— businesses or other for-profits. Total Estimated Number of Respondents: 25. Total Estimated Number of Responses: 25. Total Estimated Annual Time Burden: 15 hours. E:\FR\FM\02AUN1.SGM 02AUN1 50728 Federal Register / Vol. 81, No. 148 / Tuesday, August 2, 2016 / Notices Total Estimated Annual Other Costs Burden: $0. Dated: July 27, 2016. Michel Smyth, Departmental Clearance Officer. [FR Doc. 2016–18189 Filed 8–1–16; 8:45 am] BILLING CODE 4510–29–P NATIONAL SCIENCE FOUNDATION Notice of Permit Applications Received Under the Antarctic Conservation Act of 1978 National Science Foundation Notice of permit applications received under the Antarctic Conservation Act of 1978. AGENCY: ACTION: The National Science Foundation (NSF) is required to publish a notice of permit applications received to conduct activities regulated under the Antarctic Conservation Act of 1978. NSF has published regulations under the Antarctic Conservation Act at Title 45 Part 670 of the Code of Federal Regulations. This is the required notice of permit applications received. DATES: Interested parties are invited to submit written data, comments, or views with respect to this permit application by September 1, 2016. This application may be inspected by interested parties at the Permit Office, address below. ADDRESSES: Comments should be addressed to Permit Office, Room 755, Division of Polar Programs, National Science Foundation, 4201 Wilson Boulevard, Arlington, Virginia 22230. FOR FURTHER INFORMATION CONTACT: Nature McGinn, ACA Permit Officer, at the above address or ACApermits@ nsf.gov. SUMMARY: The National Science Foundation, as directed by the Antarctic Conservation Act of 1978 (Pub. L. 95–541), as amended by the Antarctic Science, Tourism and Conservation Act of 1996, has developed regulations for the establishment of a permit system for various activities in Antarctica and designation of certain animals and certain geographic areas a requiring special protection. The regulations establish such a permit system to designate Antarctic Specially Protected Areas. mstockstill on DSK3G9T082PROD with NOTICES SUPPLEMENTARY INFORMATION: 1. Applicant—Permit Application: 2017–007. Maris Wicks, 81 Electric Avenue #3, Somerville, MA 02144. 18:35 Aug 01, 2016 Week of August 22, 2016—Tentative Enter Antarctic Specially Protected Area. The applicant is a participant in the Antarctic Artists & Writers program and plans to travel to Antarctica to gather information and images for an educational publication that will document the research supported through the U.S. Antarctic Program. The applicant is requesting access to Cape Royds, ASPA 121; Backdoor Bay, ASPA 157; and Arrival Heights, ASPA 122, in order to observe and interview scientists, document their work and environs, and make photographs and sketches. While in the penguin colony at Cape Royds, the applicant will only observe, photograph, and sketch the penguins such that no take or harmful interference will occur. The applicant will be accompanied by researchers while in the ASPAs. The results of this work is expected to be useful for outreach and education about Antarctica and the scientific research conducted there. There are no meetings scheduled for the week of August 22, 2016. Location Cape Royds, ASPA 121; Backdoor Bay, ASPA 157; Arrival Heights, ASPA 122. Dates November 1, 2016–January 15, 2017. Nadene G. Kennedy, Polar Coordination Specialist, Division of Polar Programs. [FR Doc. 2016–18281 Filed 8–1–16; 8:45 am] BILLING CODE 7555–01–P NUCLEAR REGULATORY COMMISSION [NRC–2016–0001] Sunshine Act Meeting Notice August 1, 8, 15, 22, 29, September 5, 2016. PLACE: Commissioners’ Conference Room, 11555 Rockville Pike, Rockville, Maryland. STATUS: Public and closed. DATE: Week of August 1, 2016 There are no meetings scheduled for the week of August 1, 2016. Week of August 8, 2016—Tentative Week of August 29, 2016—Tentative There are no meetings scheduled for the week of August 29, 2016. Week of September 5, 2016—Tentative There are no meetings scheduled for the week of September 5, 2016. * * * * * The schedule for Commission meetings is subject to change on short notice. For more information or to verify the status of meetings, contact Denise McGovern at 301–415–0681 or via email at Denise.McGovern@nrc.gov. * * * * * The NRC Commission Meeting Schedule can be found on the Internet at: https://www.nrc.gov/public-involve/ public-meetings/schedule.html. * * * * * The NRC provides reasonable accommodation to individuals with disabilities where appropriate. If you need a reasonable accommodation to participate in these public meetings, or need this meeting notice or the transcript or other information from the public meetings in another format (e.g. braille, large print), please notify Kimberly Meyer, NRC Disability Program Manager, at 301–287–0739, by videophone at 240–428–3217, or by email at Kimberly.Meyer-Chambers@ nrc.gov. Determinations on requests for reasonable accommodation will be made on a case-by-case basis. * * * * * Members of the public may request to receive this information electronically. If you would like to be added to the distribution, please contact the Nuclear Regulatory Commission, Office of the Secretary, Washington, DC 20555 (301– 415–1969), or email Brenda.Akstulewicz@nrc.gov or Patricia.Jimenez@nrc.gov. Dated: July 28, 2016. Denise L. McGovern, Policy Coordinator, Office of the Secretary. [FR Doc. 2016–18312 Filed 7–29–16; 11:15 am] BILLING CODE 7590–01–P There are no meetings scheduled for the week of August 8, 2016. APPLICATION DETAILS: VerDate Sep<11>2014 Activity for Which Permit is Requested Jkt 238001 Week of August 15, 2016—Tentative There are no meetings scheduled for the week of August 15, 2016. PO 00000 Frm 00047 Fmt 4703 Sfmt 9990 E:\FR\FM\02AUN1.SGM 02AUN1

Agencies

[Federal Register Volume 81, Number 148 (Tuesday, August 2, 2016)]
[Notices]
[Pages 50727-50728]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-18189]


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DEPARTMENT OF LABOR

Office of the Secretary


Agency Information Collection Activities; Submission for OMB 
Review; Comment Request; Sale of Securities To Reduce Indebtedness of 
Party in Interest, Prohibited Transaction Class Exemption 1980-83

ACTION: Notice.

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

SUMMARY: The Department of Labor (DOL) will submit the Employee 
Benefits Security Administration (EBSA) sponsored information 
collection request (ICR) titled, ``Sale of Securities to Reduce 
Indebtedness of Party in Interest, Prohibited Transaction Class 
Exemption 1980-83,'' to the Office of Management and Budget (OMB) on 
July 29, 2016, 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 1, 2016.

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=201607-1210-001 (this link will only become active 
on July 30, 2016) 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:  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 Sale of Securities to Reduce Indebtedness of Party in Interest, 
Prohibited Transaction Class Exemption 1980-83 (PTE 80-83) information 
collection. This PTE allows an employee benefit plan to purchase 
securities that may aid the issuer of the securities to reduce or 
retire indebtedness to a party in interest. Without the relief provided 
by the class exemption, Employee Retirement Income Security Act of 1974 
(ERISA) prohibited transaction provisions would bar a standard type of 
financial/business transaction between a financial service provider and 
an employee benefit plan. This exemption also provides relief from 
Internal Revenue Code section 4975 prohibited transaction provisions.
    In order to take advantage of the relief provided by this PTE, an 
employee benefit plan must comply with all applicable exemption 
conditions, including keeping records sufficient to establish that 
exemption conditions have been met for exemption-covered transactions. 
The records must be maintained for a period of at least six years from 
a covered transaction and must be made reasonably available for 
inspection upon request by specified interested persons--including plan 
fiduciaries, participants and beneficiaries, sponsoring employers, DOL 
and Internal Revenue Service representatives, and contributing 
employers. ERISA, section 408(a) authorizes this information 
collection. See 29 U.S.C. 1108(a).
    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 1210-0064.
    OMB authorization for an ICR cannot be for more than three (3) 
years without renewal, and 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 23, 2015 (80 FR 72990).
    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 1210-0064. 
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: Sale of Securities to Reduce Indebtedness of 
Party in Interest, Prohibited Transaction Class Exemption 1980-83.
    OMB Control Number: 1210-0064.
    Affected Public: Private Sector--businesses or other for-profits.
    Total Estimated Number of Respondents: 25.
    Total Estimated Number of Responses: 25.
    Total Estimated Annual Time Burden: 15 hours.

[[Page 50728]]

    Total Estimated Annual Other Costs Burden: $0.

    Dated: July 27, 2016.
Michel Smyth,
Departmental Clearance Officer.
[FR Doc. 2016-18189 Filed 8-1-16; 8:45 am]
 BILLING CODE 4510-29-P
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