Agency Information Collection Activities; Submission for OMB Review; Comment Request; Analysis of Alternative Strategies for Financing Unemployment Insurance (UI) Benefits When Trust Fund Balances Are Insufficient, 58219-58220 [2017-26668]

Download as PDF Federal Register / Vol. 82, No. 236 / Monday, December 11, 2017 / Notices Register notice published on November 17, 2016. Additionally, the EA was available at the Gulfport Public Library and posted on the Job Corps Web site, and copies of the EA were mailed to key stakeholders. Comments received were addressed as part of the Section 106 consultation and incorporated into the MOA and the Final EA. A second public meeting was held on February 15, 2017, in the Gulfport City Council Chambers to present information on the Section 106 consultation. Forty-three citizens attended the meeting. Comments received were incorporated into the MOA. The Draft Final EA and Draft FONSI will be available for public review and comment for a period of 30 days at the Gulfport Public Library, 1708 25th Avenue, Gulfport, MS 39501, and at http://www.jobcorps.gov/home.aspx. Nancy M. Rooney, Deputy Assistant Secretary for Employment and Training. [FR Doc. 2017–26579 Filed 12–8–17; 8:45 am] BILLING CODE 4510–FT–P DEPARTMENT OF LABOR Agency Information Collection Activities; Submission for OMB Review; Comment Request; Analysis of Alternative Strategies for Financing Unemployment Insurance (UI) Benefits When Trust Fund Balances Are Insufficient Office of the Assistant Secretary for Policy, Chief Evaluation Office, Department of Labor. ACTION: Notice of Information collection; request for comment. AGENCY: The Department of Labor (DOL), as part of its continuing effort to reduce paperwork and respondent burden, conducts a preclearance consultation program to provide the general public and Federal agencies with an opportunity to comment on proposed and/or continuing collections of information in accordance with the Paperwork Reduction Act of 1995 (PRA95) [44 U.S.C. 3506(c)(2)(A)]. This program helps to ensure that requested data can be provided in the desired format, reporting burden (time and financial resources) is minimized, collection instruments are clearly understood, and the impact of collection requirements on respondents is properly assessed. Currently, the Department of Labor is soliciting comments concerning the collection of data to support an analysis of alternative strategies for UI deficit financing. A copy of the proposed daltland on DSKBBV9HB2PROD with NOTICES SUMMARY: VerDate Sep<11>2014 17:54 Dec 08, 2017 Jkt 244001 Information Collection Request (ICR) can be obtained by contacting the office listed below in the addressee section of this notice. DATES: Written comments must be submitted to the office listed in the addressee section below on or before February 9, 2018. ADDRESSES: You may submit comments by either one of the following methods: Email: ChiefEvaluationOffice@ dol.gov; Mail or Courier: Scott Gibbons, Chief Evaluation Office, OASP, U.S. Department of Labor, Room S–2312, 200 Constitution Avenue NW., Washington, DC 20210. Instructions: Please submit one copy of your comments by only one method. All submissions received must include the agency name and OMB Control Number identified above for this information collection. Because we continue to experience delays in receiving mail in the Washington, DC area, commenters are strongly encouraged to transmit their comments electronically via email or to submit them by mail early. Comments, including any personal information provided, become a matter of public record. They will also be summarized and/or included in the request for OMB approval of the information collection request. FOR FURTHER INFORMATION CONTACT: Scott Gibbons by email at ChiefEvaluationOffice@dol.gov. SUPPLEMENTARY INFORMATION: I. Background: Historically, States have financed shortages in meeting obligations to pay UI benefits by borrowing from the Federal Unemployment Account (FUA) in the Unemployment Trust Fund (UTF) maintained by the United States Treasury. Over the last several recessionary cycles, an increasing number of States have opted to utilize private markets to make up UTF shortfalls, instead of taking traditional Federal loans. In this past recession, of the thirty-six States that needed to borrow funds to pay UI benefits, eight used private sector instruments (i.e., seven States issued bonds and one State used short-term bank loans). Numerous considerations must be weighed in order to determine which option in financing UTF account deficits should be employed under what circumstances to result in an optimal outcome. However, there is little research examining or comparing the methods available to States for financing UTF account deficits, and specifically lacking is comprehensive research that analyzes the cost differences between taking Federal loans and using alternate PO 00000 Frm 00053 Fmt 4703 Sfmt 4703 58219 sources. As a result, State UTF account administrators are in a position where they may need to make rapid decisions based on little evidence or understanding of available options. DOL is sponsoring an analysis of costs related to UI deficit financing, and the planned data collection includes a qualitative interviews with Federal and state officials who play roles in the deficit financing process, as well as interviews with finance professionals and bond underwriters to understand their perspectives. This information will be used, along with materials from a literature search and environmental scan, to better understand the factors that influence state decisions between possible financing methods. This Federal Register Notice provides the opportunity to comment on proposed data collection instruments that will be used during structured interviews to identify factors involved in decisions concerning which deficit financing methods are used, as well as describing the perceived benefits and potential challenges in their use. II. Desired Focus of Comments: Currently, DOL is soliciting comments concerning the above data collection to support an analysis of alternative strategies for UI deficit financing. DOL is particularly interested in comments that do the following: • 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. • 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 technologyfor example, permitting electronic submission of responses. III. Current Actions: At this time, the Department of Labor is requesting clearance for structured interviews. Type of Review: New information collection request. OMB Control Number: 1290–0NEW. Affected Public: State, professionals in public finance and public bond underwriters. E:\FR\FM\11DEN1.SGM 11DEN1 58220 Federal Register / Vol. 82, No. 236 / Monday, December 11, 2017 / Notices ESTIMATED TOTAL BURDEN HOURS Total number of respondents Instrument Number of Responses per respondent Annual number of respondents Average burden per response (hours) Annual estimated burden (hours) Total estimated burden (hours) State UI Directors .................................... State officials/Senior Staff ........................ Additional State staff ................................ Bond market representatives ................... 8 8 32 6 3 3 11 2 1 1 1 1 2 1 2 1 5.3 2.7 21.3 2.0 16 8 64 6 Unduplicated Totals .......................... 54 19 ........................ ........................ 31.3 94 Comments submitted in response to this request will be summarized and/or included in the request for Office of Management and Budget approval of the information collection request; they will also become a matter of public record. NUCLEAR REGULATORY COMMISSION Dated: December 1, 2017. Molly Irwin, Chief Evaluation Officer, U.S. Department of Labor. DATE: [FR Doc. 2017–26668 Filed 12–8–17; 8:45 am] BILLING CODE 4510–HX–P [NRC–2017–0001] Sunshine Act Meetings Weeks of December 11, 18, 25, 2017, January 1, 8, 15, 2018. PLACE: Commissioners’ Conference Room, 11555 Rockville Pike, Rockville, Maryland. STATUS: Public and closed. Week of December 11, 2017—Tentative NATIONAL CREDIT UNION ADMINISTRATION Sunshine Act Meeting 10:00 a.m., Thursday, December 14, 2017. PLACE: Board Room, 7th Floor, Room 7047, 1775 Duke Street (All visitors must use Diagonal Road Entrance), Alexandria, VA 22314–3428. STATUS: Open. MATTERS TO BE CONSIDERED: 1. NCUA’s Rules and Regulations, Emergency Mergers. 2. NCUA’s Rules and Regulations, Agency Reorganization. RECESS: 10:30 a.m. TIME AND DATE: 10:45 a.m., Thursday, December 14, 2017. PLACE: Board Room, 7th Floor, Room 7047, 1775 Duke Street, Alexandria, VA 22314–3428. STATUS: Closed. MATTERS TO BE CONSIDERED: 1. Supervisory Action. Closed pursuant to Exemptions (7), (8), and (9)(ii). 2. Request under Section 205(d) of the Federal Credit Union Act. Closed pursuant to Exemption (6). FOR FURTHER INFORMATION CONTACT: Gerard Poliquin, Secretary of the Board, Telephone: 703–518–6304. daltland on DSKBBV9HB2PROD with NOTICES TIME AND DATE: Gerard Poliquin, Secretary of the Board. [FR Doc. 2017–26749 Filed 12–7–17; 4:15 pm] BILLING CODE 7535–01–P VerDate Sep<11>2014 17:54 Dec 08, 2017 Jkt 244001 Monday, December 11, 2017. 2:30 p.m. Affirmation Session (Public Meeting) (Tentative) Florida Power & Light Co. (Turkey Point Nuclear Generating Units 6 and 7), Appeal of LBP–17–6 (Tentative) Tuesday, December 12, 2017 9:00 a.m. Hearing on Combined Licenses for Turkey Point, Units 6 and 7: Section 189a. of the Atomic Energy Act Proceeding (Public Meeting) (Contact: Manny Comar: 301–415– 3863) This meeting will be webcast live at the Web address—http://www.nrc.gov/. Week of December 18, 2017—Tentative There are no meetings scheduled for the week of December 18, 2017. Week of December 25, 2017—Tentative There are no meetings scheduled for the week of December 25, 2017. Week of January 1, 2018—Tentative There are no meetings scheduled for the week of January 1, 2018. Week of January 8, 2018—Tentative There are no meetings scheduled for the week of January 8, 2018. Week of January 15, 2018—Tentative Thursday, January 18, 2017 9:00 a.m. Strategic Programmatic Overview of the Decommissioning and Low-Level Waste and Spent PO 00000 Frm 00054 Fmt 4703 Sfmt 4703 Fuel Storage and Transportation Business Lines (Public Meeting) (Contact: Damaris Marcano: 301–415– 7328) This meeting will be webcast live at the Web address—http://www.nrc.gov/. * * * * * Additional Information By a vote of 3–0 on December 6, 2017, the Commission determined pursuant to U.S.C. 552b(e) and § 9.107(a) of the Commission’s rules that the above referenced Affirmation Session be held with less than one week notice to the public. The meeting is scheduled on December 11, 2017. * * * * * 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: http://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 Patricia.Jimenez@ E:\FR\FM\11DEN1.SGM 11DEN1

Agencies

[Federal Register Volume 82, Number 236 (Monday, December 11, 2017)]
[Notices]
[Pages 58219-58220]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-26668]


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

DEPARTMENT OF LABOR


Agency Information Collection Activities; Submission for OMB 
Review; Comment Request; Analysis of Alternative Strategies for 
Financing Unemployment Insurance (UI) Benefits When Trust Fund Balances 
Are Insufficient

AGENCY: Office of the Assistant Secretary for Policy, Chief Evaluation 
Office, Department of Labor.

ACTION: Notice of Information collection; request for comment.

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

SUMMARY: The Department of Labor (DOL), as part of its continuing 
effort to reduce paperwork and respondent burden, conducts a 
preclearance consultation program to provide the general public and 
Federal agencies with an opportunity to comment on proposed and/or 
continuing collections of information in accordance with the Paperwork 
Reduction Act of 1995 (PRA95) [44 U.S.C. 3506(c)(2)(A)]. This program 
helps to ensure that requested data can be provided in the desired 
format, reporting burden (time and financial resources) is minimized, 
collection instruments are clearly understood, and the impact of 
collection requirements on respondents is properly assessed.
    Currently, the Department of Labor is soliciting comments 
concerning the collection of data to support an analysis of alternative 
strategies for UI deficit financing. A copy of the proposed Information 
Collection Request (ICR) can be obtained by contacting the office 
listed below in the addressee section of this notice.

DATES: Written comments must be submitted to the office listed in the 
addressee section below on or before February 9, 2018.

ADDRESSES: You may submit comments by either one of the following 
methods:
    Email: [email protected]; Mail or Courier: Scott 
Gibbons, Chief Evaluation Office, OASP, U.S. Department of Labor, Room 
S-2312, 200 Constitution Avenue NW., Washington, DC 20210. 
Instructions: Please submit one copy of your comments by only one 
method. All submissions received must include the agency name and OMB 
Control Number identified above for this information collection. 
Because we continue to experience delays in receiving mail in the 
Washington, DC area, commenters are strongly encouraged to transmit 
their comments electronically via email or to submit them by mail 
early. Comments, including any personal information provided, become a 
matter of public record. They will also be summarized and/or included 
in the request for OMB approval of the information collection request.

FOR FURTHER INFORMATION CONTACT: Scott Gibbons by email at 
[email protected].

SUPPLEMENTARY INFORMATION: 
    I. Background: Historically, States have financed shortages in 
meeting obligations to pay UI benefits by borrowing from the Federal 
Unemployment Account (FUA) in the Unemployment Trust Fund (UTF) 
maintained by the United States Treasury. Over the last several 
recessionary cycles, an increasing number of States have opted to 
utilize private markets to make up UTF shortfalls, instead of taking 
traditional Federal loans. In this past recession, of the thirty-six 
States that needed to borrow funds to pay UI benefits, eight used 
private sector instruments (i.e., seven States issued bonds and one 
State used short-term bank loans). Numerous considerations must be 
weighed in order to determine which option in financing UTF account 
deficits should be employed under what circumstances to result in an 
optimal outcome. However, there is little research examining or 
comparing the methods available to States for financing UTF account 
deficits, and specifically lacking is comprehensive research that 
analyzes the cost differences between taking Federal loans and using 
alternate sources. As a result, State UTF account administrators are in 
a position where they may need to make rapid decisions based on little 
evidence or understanding of available options.
    DOL is sponsoring an analysis of costs related to UI deficit 
financing, and the planned data collection includes a qualitative 
interviews with Federal and state officials who play roles in the 
deficit financing process, as well as interviews with finance 
professionals and bond underwriters to understand their perspectives. 
This information will be used, along with materials from a literature 
search and environmental scan, to better understand the factors that 
influence state decisions between possible financing methods.
    This Federal Register Notice provides the opportunity to comment on 
proposed data collection instruments that will be used during 
structured interviews to identify factors involved in decisions 
concerning which deficit financing methods are used, as well as 
describing the perceived benefits and potential challenges in their 
use.
    II. Desired Focus of Comments: Currently, DOL is soliciting 
comments concerning the above data collection to support an analysis of 
alternative strategies for UI deficit financing. DOL is particularly 
interested in comments that do the following:
     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.
     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- for example, 
permitting electronic submission of responses.
    III. Current Actions: At this time, the Department of Labor is 
requesting clearance for structured interviews.
    Type of Review: New information collection request.
    OMB Control Number: 1290-0NEW.
    Affected Public: State, professionals in public finance and public 
bond underwriters.

[[Page 58220]]



                                                              Estimated Total Burden Hours
--------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                             Number of    Average burden      Annual           Total
                       Instrument                          Total number    Annual number   Responses per   per response      estimated       estimated
                                                          of respondents  of respondents    respondent        (hours)     burden (hours)  burden (hours)
--------------------------------------------------------------------------------------------------------------------------------------------------------
State UI Directors......................................               8               3               1               2             5.3              16
State officials/Senior Staff............................               8               3               1               1             2.7               8
Additional State staff..................................              32              11               1               2            21.3              64
Bond market representatives.............................               6               2               1               1             2.0               6
                                                         -----------------------------------------------------------------------------------------------
    Unduplicated Totals.................................              54              19  ..............  ..............            31.3              94
--------------------------------------------------------------------------------------------------------------------------------------------------------

    Comments submitted in response to this request will be summarized 
and/or included in the request for Office of Management and Budget 
approval of the information collection request; they will also become a 
matter of public record.

    Dated: December 1, 2017.
Molly Irwin,
Chief Evaluation Officer, U.S. Department of Labor.
[FR Doc. 2017-26668 Filed 12-8-17; 8:45 am]
 BILLING CODE 4510-HX-P