Agency Information Collection Activities; Submission for OMB Review; Comment Request; Prohibited Transaction Class Exemptions for Multiple Employer Plans and Multiple Employer Apprenticeship Plans-PTE 1976-1, PTE 1977-10, PTE 1978-6
| Published date | 20 May 2019 |
| Citation | 84 FR 22898 |
| Record Number | 2019-10384 |
| Section | Notices |
| Court | Labor Department |
Federal Register, Volume 84 Issue 97 (Monday, May 20, 2019)
[Federal Register Volume 84, Number 97 (Monday, May 20, 2019)]
[Notices]
[Pages 22898-22899]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-10384]
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DEPARTMENT OF LABOR
Office of the Secretary
Agency Information Collection Activities; Submission for OMB
Review; Comment Request; Prohibited Transaction Class Exemptions for
Multiple Employer Plans and Multiple Employer Apprenticeship Plans--PTE
1976-1, PTE 1977-10, PTE 1978-6
ACTION: Notice of availability; request for comments.
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SUMMARY: The Department of Labor (DOL) is submitting the Employee
Benefits Security Administration (EBSA) sponsored information
collection request (ICR) titled, ``Prohibited Transaction Class
Exemptions for Multiple Employer Plans and Multiple Employer
Apprenticeship Plans--PTE 1976-1, PTE 1977-10, PTE 1978-6,'' 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). Public comments on the ICR are invited.
DATES: The OMB will consider all written comments that agency receives
on or before June 19, 2019.
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 website at http://www.reginfo.gov/public/do/PRAViewICR?ref_nbr=201904-1210-001 (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 [email protected].
Submit comments about this request by mail 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: [email protected]. 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: [email protected].
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 [email protected].
SUPPLEMENTARY INFORMATION: This ICR seeks to extend PRA authority for
the information collection requirements contained in the Prohibited
Transaction Class Exemptions (PTEs) for Multiple Employer Plans and
Multiple Employer Apprenticeship Plans: PTE 1976-1, PTE 1977-10, and
PTE 1978-6. PTE 1976-1 permits a multi-employer employee benefit plan,
under specific conditions, to negotiate with a contributing employer to
accept a delinquent contribution and to settle a delinquency; to make a
construction loan to a contributing employer; and to lease property and
purchase services and goods from a party in interest, including a
contributing employer and an employee association. PTE 1977-10 expands
the scope of relief provided under PTE 1976-1 part C for leasing
[[Page 22899]]
property and purchasing goods and services. PTE 1978-6 provides an
exemption to a multi-employer apprenticeship plan for purchasing
personal property or leasing real property from a contributing
employer. All three exemptions impose recordkeeping requirements on
plans as a condition to availability of the relief. Employee Retirement
Income Security Act of 1974 sections 407 and 408(a) authorize this
information collection. See 29 U.S.C. 1107 and 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 1210-0058.
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 June 30, 2019. 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 October 23, 2018 (83 FR
53500).
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 1210-0058.
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 Exemptions for
Multiple Employer Plans and Multiple Employer Apprenticeship Plans--PTE
1976-1, PTE 1977-10, PTE 1978-6.
OMB Control Number: 1210-0058.
Affected Public: Private Sector--businesses or other for-profits;
Not-for-profit institutions.
Total Estimated Number of Respondents: 3,483.
Total Estimated Number of Responses: 3,483.
Total Estimated Annual Time Burden: 871 hours.
Total Estimated Annual Other Costs Burden: $0.
Authority: 44 U.S.C. 3507(a)(1)(D).
Dated: May 13, 2019.
Michel Smyth,
Departmental Clearance Officer.
[FR Doc. 2019-10384 Filed 5-17-19; 8:45 am]
BILLING CODE 4510-29-P
