Notice of Withdrawal of Proposed Exemptions, 60417-60418 [2022-21578]

Download as PDF Federal Register / Vol. 87, No. 192 / Wednesday, October 5, 2022 / Notices DEPARTMENT OF JUSTICE Office of Justice Programs [OJP (OJJDP) Docket No. 1807] Meeting of the Coordinating Council on Juvenile Justice and Delinquency Prevention Coordinating Council on Juvenile Justice and Delinquency Prevention. ACTION: Notice of meeting. AGENCY: The Coordinating Council on Juvenile Justice and Delinquency Prevention announces its next meeting. DATES: Wednesday October 26th, 2022 at 1:00 p.m. ET. ADDRESSES: The meeting will take place in the third floor main conference room at the U.S. Department of Justice, Office of Justice Programs, 810 7th St. NW, Washington, DC 20531. FOR FURTHER INFORMATION CONTACT: Visit the website for the Coordinating Council at https://juvenilecouncil.ojp.gov/ or contact Julie Herr, Designated Federal Official (DFO), OJJDP, by telephone at (202) 598–6885, email at Julie.herr@ usdoj.gov; or Maegen Barnes, Project Manager/Federal Contractor, by telephone (732) 948–8862, email at Maegen.Barnes@vaultes.com. Please note that the above phone numbers are not toll free. SUPPLEMENTARY INFORMATION: The Coordinating Council on Juvenile Justice and Delinquency Prevention (‘‘Council’’), established by statute in the Juvenile and Delinquency Prevention Act of 1974 section 206(a) (42 U.S.C. 5616(a)), will meet to carry out its advisory functions. Information regarding this meeting will be available on the Council’s web page at https:// juvenilecouncil.ojp.gov/. The meeting is open to the public, and available via online video conference, but prior registration is required (see below). In addition, meeting documents will be viewable via this website including meeting announcements, agendas, minutes and reports. Although designated agency representatives may attend in lieu of members, the Council’s formal membership consists of the following secretaries and/or agency officials; Attorney General (Chair), Administrator of the Office of Juvenile Justice and Delinquency Prevention (Vice Chair), Secretary of Health and Human Services (HHS), Secretary of Labor (DOL), Secretary of Education (DOE), Secretary of Housing and Urban Development (HUD), Director of the Office of National Drug Control Policy, Chief Executive jspears on DSK121TN23PROD with NOTICES SUMMARY: VerDate Sep<11>2014 18:05 Oct 04, 2022 Jkt 259001 Officer of AmeriCorps and the Assistant Secretary of Homeland Security for the U.S. Immigration and Customs Enforcement. Ten additional members are appointed by the President of the United States, Speaker of the U.S. House of Representatives, the U.S. Senate Majority Leader and the Chairman of the Committee on Indian Affairs of the Senate. Further agencies that take part in Council activities include, the Departments of Agriculture, Defense, Interior and the Substance and Mental Health Services Administration of HHS. Council meeting agendas are available on https://juvenilecouncil.ojp.gov/. Agendas will generally include: (a) Opening remarks and introductions; (b) Presentations and discussion of agency work; and (c) Council member announcements. For security purposes and because space is limited, members of the public who wish to attend must register in advance of the meeting online at the meeting registration site, no later than Friday, October 21 2022. Should issues arise with online registration, or to register by email, the public should contact Maegen Barnes, Project Manager/Federal Contractor (see above for contact information). If submitting registrations via email, attendees should include all of the following: Name, Title, Organization/Affiliation, Full Address, Phone Number, and Email. The meeting will also be available to join online via Webex, a video conferencing platform. Registration for this is also found online at https:// juvenilecouncil.ojp.gov/. Note: Photo identification will be required to attend the meeting at the OJP 810 7th Street Building. Interested parties may submit written comments and questions in advance to Julie Herr (DFO) for the Council, at the contact information above. All comments and questions should be submitted no later than 5:00 p.m. ET on Thursday, October 20, 2022. The Council will limit public statements if they are found to be duplicative. Written questions submitted by the public while in attendance will also be considered by the Council. Julie Herr, Designated Federal Official, Office of Juvenile Justice and Delinquency Prevention. [FR Doc. 2022–21575 Filed 10–4–22; 8:45 am] BILLING CODE 4410–18–P PO 00000 Frm 00053 Fmt 4703 Sfmt 4703 60417 DEPARTMENT OF LABOR Employee Benefits Security Administration [Exemption Application Nos. D–12042, D– 12039, and D–12049] Notice of Withdrawal of Proposed Exemptions Employee Benefits Security Administration, Labor. ACTION: Notice of withdrawal of proposed exemptions. AGENCY: This document provides notice of the withdrawal of three proposed individual exemptions from certain prohibited transaction restrictions of the Employee Retirement Income Security Act (ERISA) and the Internal Revenue Code (the Code). The proposed exemptions were issued by the Department of Labor on August 24, 2022. FOR FURTHER INFORMATION CONTACT: Joseph Brennan of the Department at (202) 693–8456. (This is not a toll-free number.) SUMMARY: Withdrawal of Proposed Exemption The Department published notices of proposed exemption from certain prohibited transaction provisions of ERISA and the Code in the Federal Register on August 24, 2022, for the following applicants: Triple-S Management Corporation, Blue Cross and Blue Shield of Kansas City, and the National Account Service Company LLC.1 As described more fully in the proposed exemptions, the applicants sponsor defined benefit plans that have (or had) filed legal action and claims against Allianz Global Investors U.S. LLC (Allianz) and Aon Investments USA Inc. (Aon) regarding certain investment losses the plans incurred during the first quarter of 2020. The proposed exemptions would have permitted the applicants to make payments to their respective plans in order to offset the investment losses the plans incurred, and, if the plans received litigation proceeds from the claims, to transfer the lesser of the ligation proceeds amounts or the payments to the applicants. Without an exemption, the plans’ receipt of payments from the applicants in exchange for the plans’ transfer of litigation proceeds to the applicants would violate certain prohibited transaction provisions of ERISA and the Code. The applicants represented to the 1 Triple-S Management Corporation (87 FR 52168); Blue Cross and Blue Shield of Kansas City (87 FR 52124); National Account Service Company LLC (87 FR 52174). E:\FR\FM\05OCN1.SGM 05OCN1 60418 Federal Register / Vol. 87, No. 192 / Wednesday, October 5, 2022 / Notices Department that the plans have received litigation proceeds from the claims. After the publication of the proposed exemptions in the Federal Register, the applicants informed the Department that they have decided not to pursue the proposed exemptions due to changed circumstances and requested the Department to withdraw their exemptions. Therefore, the Department is withdrawing the proposed exemptions from the Federal Register as requested.2 As a result, the applicants may not receive repayments for any amounts they paid to their respective plans in connection with the plans’ receipt of litigation proceeds from the claims, because such repayments would constitute a violation of certain prohibited transaction provisions of ERISA and the Code. Signed in Washington, DC. George Christopher Cosby, Director, Office of Exemption Determinations, Employee Benefits Security Administration, U.S. Department of Labor. [FR Doc. 2022–21578 Filed 10–4–22; 8:45 am] BILLING CODE 4510–29–P NATIONAL SCIENCE FOUNDATION Agency Information Collection Activities: Comment Request; National Science Foundation (NSF) Small Business Innovation Research (SBIR)/ Small Business Technology Transfer (STTR) Pre-Award Information Collection National Science Foundation. Submission for OMB review; comment request. AGENCY: ACTION: The National Science Foundation (NSF) has submitted the following information collection requirement to OMB for review and clearance under the Paperwork Reduction Act of 1995. This is the second notice for public comment; the first was published in the Federal Register, and no comments were received. NSF is forwarding the proposed submission to the Office of Management and Budget (OMB) for clearance simultaneously with the publication of this second notice. DATES: Written comments and recommendations for the proposed jspears on DSK121TN23PROD with NOTICES SUMMARY: 2 In withdrawing the proposed exemptions, the Department is not expressing an opinion regarding the merits of any claim against Allianz and Aon or whether the plans’ fiduciaries met their fiduciary duties with respect to plan assets that are the subject of the claims. Further, in withdrawing the proposed exemptions, the Department is not limiting any party’s claim, demand, and/or cause of action arising from the plans’ 2020 first quarter losses in any way. VerDate Sep<11>2014 18:05 Oct 04, 2022 Jkt 259001 information collection should be sent within 30 days of publication of this notice to www.reginfo.gov/public/do/ PRAmain. Find this particular information collection by selecting ‘‘Currently under 30-day Review—Open for Public Comments’’ or by using the search function. FOR FURTHER INFORMATION CONTACT: Suzanne H. Plimpton, Reports Clearance Officer, National Science Foundation, 2415 Eisenhower Avenue, Alexandria, Virginia 22314; telephone (703) 292– 7556; or send email to splimpto@ nsf.gov. Individuals who use a telecommunications device for the deaf (TDD) may call the Federal Information Relay Service (FIRS) at 1–800–877– 8339, which is accessible 24 hours a day, 7 days a week, 365 days a year (including Federal holidays). SUPPLEMENTARY INFORMATION: Title of Collection: National Science Foundation (NSF) Small Business Innovation Research (SBIR)/Small Business Technology Transfer (STTR) Pre-Award Information Collection. OMB Control No.: 3145–New. Abstract: The NSF SBIR/STTR programs focus on transforming scientific discovery into products and services with commercial potential and/ or societal benefit. Unlike fundamental or basic research activities that focus on scientific and engineering discoveries, the NSF SBIR/STTR programs support the creation of opportunities to move fundamental science and engineering out of the lab and into the market at scale, through startups and small businesses representing deep technology ventures. The NSF SBIR/STTR programs have two phases: Phase I and Phase II. Phase I is a 6–12 month experimental or theoretical investigation that allows the awardees to determine the scientific and technical feasibility, as well as the commercial merit of the idea or concept. Phase II further develops the proposed concept, with a goal of working toward the commercial launch of the new product, process, or service being developed. The NSF SBIR/STTR programs request the Office of Management and Budget (OMB) approval of this clearance that will allow the programs to collect information from a selected group of applicants—those that have been reviewed by independent experts and that NSF Program Directors are considering recommending for funding—for the purpose of making a funding decision. This information includes, but is not exclusive to, a list of company officers and the corresponding ownership status of each PO 00000 Frm 00054 Fmt 4703 Sfmt 4703 company officer within the startup, whether the startup is associated or affiliated with other companies, whether there exist any relationships (personal, financial, and/or professional) between project personnel, and the locations of all the facilities where significant research will be performed for the proposed project. Such data will enable the NSF Program Directors to evaluate a given company’s business structure, ascertain the level of commitment of the Principal Investigator (PI) and co-PIs to the startup venture, and identify conflicts of interests (if any), as part of the due diligence process that the programs undertake to verify there are no fraudulent or inappropriate business practices prior to recommending the small business for an award. Following standard OMB requirements, NSF will request OMB approval in advance and provide OMB with a copy of the form containing these questions. Data collected will be used strictly for due-diligence, auditing, and/ or legal purposes, and are needed for effective pre-award management, administration, and/or program monitoring. The applicants, if being considered for award, will only be asked to submit a signed form containing their responses to the questions once for each NSF SBIR/STTR proposal (Phase I and II, if applicable). The data collection burden to the selected applicants will be limited to no more than 10 minutes of the respondents’ time in each instance. Summaries of the collected data are also being used to respond to queries from Congress, the Small Business Administration, the public, NSF’s external merit reviewers who serve as advisors, including Committees of Visitors, NSF’s Office of the Inspector General, and other pertinent stakeholders. Respondents: PIs listed on the NSF SBIR/STTR proposals. Estimated Number of Annual Respondents: 750. Frequency: Once. Average Time: 0.167 hours. Estimated Total Burden Hours: 126 hours per year. Comments: Comments regarding (a) whether the proposed collection of information is necessary for the proper performance of the functions of the NSF, including whether the information shall have practical utility; (b) the accuracy of the NSF’s estimate of the burden of the proposed collection of information; (c) ways to enhance the quality, use, and clarity of the information on respondents; and (d) ways to minimize the burden of the collection of information on those who E:\FR\FM\05OCN1.SGM 05OCN1

Agencies

[Federal Register Volume 87, Number 192 (Wednesday, October 5, 2022)]
[Notices]
[Pages 60417-60418]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-21578]


=======================================================================
-----------------------------------------------------------------------

DEPARTMENT OF LABOR

Employee Benefits Security Administration

[Exemption Application Nos. D-12042, D-12039, and D-12049]


Notice of Withdrawal of Proposed Exemptions

AGENCY: Employee Benefits Security Administration, Labor.

ACTION: Notice of withdrawal of proposed exemptions.

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

SUMMARY: This document provides notice of the withdrawal of three 
proposed individual exemptions from certain prohibited transaction 
restrictions of the Employee Retirement Income Security Act (ERISA) and 
the Internal Revenue Code (the Code). The proposed exemptions were 
issued by the Department of Labor on August 24, 2022.

FOR FURTHER INFORMATION CONTACT: Joseph Brennan of the Department at 
(202) 693-8456. (This is not a toll-free number.)

Withdrawal of Proposed Exemption

    The Department published notices of proposed exemption from certain 
prohibited transaction provisions of ERISA and the Code in the Federal 
Register on August 24, 2022, for the following applicants: Triple-S 
Management Corporation, Blue Cross and Blue Shield of Kansas City, and 
the National Account Service Company LLC.\1\ As described more fully in 
the proposed exemptions, the applicants sponsor defined benefit plans 
that have (or had) filed legal action and claims against Allianz Global 
Investors U.S. LLC (Allianz) and Aon Investments USA Inc. (Aon) 
regarding certain investment losses the plans incurred during the first 
quarter of 2020.
---------------------------------------------------------------------------

    \1\ Triple-S Management Corporation (87 FR 52168); Blue Cross 
and Blue Shield of Kansas City (87 FR 52124); National Account 
Service Company LLC (87 FR 52174).
---------------------------------------------------------------------------

    The proposed exemptions would have permitted the applicants to make 
payments to their respective plans in order to offset the investment 
losses the plans incurred, and, if the plans received litigation 
proceeds from the claims, to transfer the lesser of the ligation 
proceeds amounts or the payments to the applicants. Without an 
exemption, the plans' receipt of payments from the applicants in 
exchange for the plans' transfer of litigation proceeds to the 
applicants would violate certain prohibited transaction provisions of 
ERISA and the Code. The applicants represented to the

[[Page 60418]]

Department that the plans have received litigation proceeds from the 
claims.
    After the publication of the proposed exemptions in the Federal 
Register, the applicants informed the Department that they have decided 
not to pursue the proposed exemptions due to changed circumstances and 
requested the Department to withdraw their exemptions. Therefore, the 
Department is withdrawing the proposed exemptions from the Federal 
Register as requested.\2\ As a result, the applicants may not receive 
repayments for any amounts they paid to their respective plans in 
connection with the plans' receipt of litigation proceeds from the 
claims, because such repayments would constitute a violation of certain 
prohibited transaction provisions of ERISA and the Code.
---------------------------------------------------------------------------

    \2\ In withdrawing the proposed exemptions, the Department is 
not expressing an opinion regarding the merits of any claim against 
Allianz and Aon or whether the plans' fiduciaries met their 
fiduciary duties with respect to plan assets that are the subject of 
the claims. Further, in withdrawing the proposed exemptions, the 
Department is not limiting any party's claim, demand, and/or cause 
of action arising from the plans' 2020 first quarter losses in any 
way.

    Signed in Washington, DC.
George Christopher Cosby,
Director, Office of Exemption Determinations, Employee Benefits 
Security Administration, U.S. Department of Labor.
[FR Doc. 2022-21578 Filed 10-4-22; 8:45 am]
BILLING CODE 4510-29-P

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.