Draft 2018-2019-2020 Report to Congress on the Benefits and Costs of Federal Regulations and Agency Compliance With the Unfunded Mandates Reform Act, 71981 [2019-28060]
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Federal Register / Vol. 84, No. 249 / Monday, December 30, 2019 / Notices
appropriate consideration, comments
should mention OMB Control Number
1210–0049. 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: Prohibited
Transaction Class Exemption for Certain
Transactions Between Investment
Companies and Employee Benefit Plans
(PTE 1977–4).
OMB Control Number: 1210–0049.
Affected Public: Private Sector: Notfor-profit institutions; Businesses or
other for-profits.
Total Estimated Number of
Respondents: 846.
Total Estimated Number of
Responses: 279,653.
Total Estimated Annual Time Burden:
23,728 hours.
Total Estimated Annual Other Costs
Burden: $117,954.
Authority: 44 U.S.C. 3507(a)(1)(D).
Dated: December 20, 2019.
Frederick Licari,
Departmental Clearance Officer.
[FR Doc. 2019–28045 Filed 12–27–19; 8:45 am]
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khammond on DSKJM1Z7X2PROD with NOTICES
OFFICE OF MANAGEMENT AND
BUDGET
Draft 2018–2019–2020 Report to
Congress on the Benefits and Costs of
Federal Regulations and Agency
Compliance With the Unfunded
Mandates Reform Act
Office of Management and
Budget, Executive Office of the
President.
ACTION: Notice of availability and
request for comments.
AGENCY:
VerDate Sep<11>2014
20:00 Dec 27, 2019
Jkt 250001
The Office of Management
and Budget (OMB) requests comments
on its Draft 2018–2019–2020 Report to
Congress on the Benefits and Costs of
Federal Regulations and Agency
Compliance with the Unfunded
Mandates Reform Act, available at:
https://www.whitehouse.gov/omb/
information-regulatory-affairs/reports/.
The Draft Report is divided into two
parts, the first of which is further
divided into three chapters. Part I,
Chapter I examines the benefits and
costs of major Federal regulations issued
in fiscal years 2017, 2018 and 2019. Part
I, Chapter II discusses regulatory
impacts on State, Local, and tribal
governments, small business, wages and
employment, and economic growth. Part
I, Chapter III offers recommendations for
regulatory reform. Part II summarizes
agency compliance with the Unfunded
Mandates Reform Act. OMB requests
that comments be submitted
electronically to OMB by February 20,
2020, through www.regulations.gov
using Docket ID OMB–2019–0004.
DATES: To ensure consideration of
comments as OMB prepares this Draft
Report for submission to Congress,
comments must be in writing and
received by February 20, 2020.
ADDRESSES: Submit comments by one of
the following methods:
• www.regulations.gov: Direct
comments to Docket ID OMB–2019–
0004.
• Fax: (202) 395–7285
• Mail: Office of Information and
Regulatory Affairs, Office of
Management and Budget, New
Executive Office Building, 9th Floor,
725 17th Street NW, Washington, DC
20503. To ensure that your comments
are received, we recommend that
comments on this draft report be
electronically submitted.
All comments submitted in response to
this notice will be made available to the
public. For this reason, please do not
include in your comments information
of a confidential nature, such as
sensitive personal information or
proprietary information. The
www.regulations.gov website is an
‘‘anonymous access’’ system, which
means OMB will not know your identity
or contact information unless you
provide it in the body of your comment.
FOR FURTHER INFORMATION CONTACT: Italy
Martin, Office of Information and
Regulatory Affairs, Office of
Management and Budget, New
Executive Office Building, 9th Floor,
725 17th Street NW, Washington, DC
20503. Telephone: (202) 395–1046.
SUPPLEMENTARY INFORMATION: Congress
directed the Office of Management and
SUMMARY:
PO 00000
Frm 00092
Fmt 4703
Sfmt 4703
71981
Budget to prepare an annual Report to
Congress on the Benefits and Costs of
Federal Regulations. Specifically,
Section 628 of the FY 2000 Treasury
and General Government
Appropriations Act, also known as the
‘‘Regulatory Right-to-Know Act,’’
requires OMB to submit a report on the
benefits and costs of Federal regulations
together with recommendations for
reform. It states that the report should
contain estimates of the costs and
benefits of regulations in the aggregate,
by agency and agency program, and by
major rule, as well as an analysis of
impacts of Federal regulation on State,
local, and tribal governments, small
businesses, wages, and economic
growth. The Regulatory Right-to-Know
Act also states that the report should be
subject to notice and comment and to
peer review. Additionally, in
accordance the Unfunded Mandates
Reform Act of 1995 (UMRA), OMB
reports on agency compliance with
UMRA Title II, which generally requires
that an agency conduct a cost-benefit
analysis, and identify and consider a
reasonable number of regulatory
alternatives, before proposing or
finalizing a rule that may result in
expenditures of more than $100 million
(adjusted for inflation) in at least one
year by State, local, and tribal
governments, or by the private sector;
each agency must also seek input from
State, local, and tribal governments.
Dominic J. Mancini,
Acting Administrator, Office of Information
and Regulatory Affairs.
[FR Doc. 2019–28060 Filed 12–27–19; 8:45 am]
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Notice of Permit Applications
Received.
AGENCY:
ACTION:
The National Science
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to conduct activities regulated under the
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NSF has published regulations under
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[Federal Register Volume 84, Number 249 (Monday, December 30, 2019)]
[Notices]
[Page 71981]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-28060]
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OFFICE OF MANAGEMENT AND BUDGET
Draft 2018-2019-2020 Report to Congress on the Benefits and Costs
of Federal Regulations and Agency Compliance With the Unfunded Mandates
Reform Act
AGENCY: Office of Management and Budget, Executive Office of the
President.
ACTION: Notice of availability and request for comments.
-----------------------------------------------------------------------
SUMMARY: The Office of Management and Budget (OMB) requests comments on
its Draft 2018-2019-2020 Report to Congress on the Benefits and Costs
of Federal Regulations and Agency Compliance with the Unfunded Mandates
Reform Act, available at: https://www.whitehouse.gov/omb/information-regulatory-affairs/reports/. The Draft Report is divided into two
parts, the first of which is further divided into three chapters. Part
I, Chapter I examines the benefits and costs of major Federal
regulations issued in fiscal years 2017, 2018 and 2019. Part I, Chapter
II discusses regulatory impacts on State, Local, and tribal
governments, small business, wages and employment, and economic growth.
Part I, Chapter III offers recommendations for regulatory reform. Part
II summarizes agency compliance with the Unfunded Mandates Reform Act.
OMB requests that comments be submitted electronically to OMB by
February 20, 2020, through www.regulations.gov using Docket ID OMB-
2019-0004.
DATES: To ensure consideration of comments as OMB prepares this Draft
Report for submission to Congress, comments must be in writing and
received by February 20, 2020.
ADDRESSES: Submit comments by one of the following methods:
www.regulations.gov: Direct comments to Docket ID OMB-
2019-0004.
Fax: (202) 395-7285
Mail: Office of Information and Regulatory Affairs, Office
of Management and Budget, New Executive Office Building, 9th Floor, 725
17th Street NW, Washington, DC 20503. To ensure that your comments are
received, we recommend that comments on this draft report be
electronically submitted.
All comments submitted in response to this notice will be made
available to the public. For this reason, please do not include in your
comments information of a confidential nature, such as sensitive
personal information or proprietary information. The
www.regulations.gov website is an ``anonymous access'' system, which
means OMB will not know your identity or contact information unless you
provide it in the body of your comment.
FOR FURTHER INFORMATION CONTACT: Italy Martin, Office of Information
and Regulatory Affairs, Office of Management and Budget, New Executive
Office Building, 9th Floor, 725 17th Street NW, Washington, DC 20503.
Telephone: (202) 395-1046.
SUPPLEMENTARY INFORMATION: Congress directed the Office of Management
and Budget to prepare an annual Report to Congress on the Benefits and
Costs of Federal Regulations. Specifically, Section 628 of the FY 2000
Treasury and General Government Appropriations Act, also known as the
``Regulatory Right-to-Know Act,'' requires OMB to submit a report on
the benefits and costs of Federal regulations together with
recommendations for reform. It states that the report should contain
estimates of the costs and benefits of regulations in the aggregate, by
agency and agency program, and by major rule, as well as an analysis of
impacts of Federal regulation on State, local, and tribal governments,
small businesses, wages, and economic growth. The Regulatory Right-to-
Know Act also states that the report should be subject to notice and
comment and to peer review. Additionally, in accordance the Unfunded
Mandates Reform Act of 1995 (UMRA), OMB reports on agency compliance
with UMRA Title II, which generally requires that an agency conduct a
cost-benefit analysis, and identify and consider a reasonable number of
regulatory alternatives, before proposing or finalizing a rule that may
result in expenditures of more than $100 million (adjusted for
inflation) in at least one year by State, local, and tribal
governments, or by the private sector; each agency must also seek input
from State, local, and tribal governments.
Dominic J. Mancini,
Acting Administrator, Office of Information and Regulatory Affairs.
[FR Doc. 2019-28060 Filed 12-27-19; 8:45 am]
BILLING CODE 3110-01-P