80_FR_65450 80 FR 65244 - Agency Information Collection Activities; Submission for OMB Review; Comment Request; Acquisition and Sale of Trust Real Estate Investment Trust Shares by Individual Account Plans Sponsored by Trust Real Estate Investment Trusts

80 FR 65244 - Agency Information Collection Activities; Submission for OMB Review; Comment Request; Acquisition and Sale of Trust Real Estate Investment Trust Shares by Individual Account Plans Sponsored by Trust Real Estate Investment Trusts

DEPARTMENT OF LABOR
Office of the Secretary

Federal Register Volume 80, Issue 206 (October 26, 2015)

Page Range65244-65245
FR Document2015-27119

The Department of Labor (DOL) is submitting the Employee Benefits Security Administration (EBSA) sponsored information collection request (ICR) titled, ``Acquisition and Sale of Trust Real Estate Investment Trust Shares by Individual Account Plans Sponsored by Trust Real Estate Investment Trusts,'' 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), 44 U.S.C. 3501 et seq. Public comments on the ICR are invited.

Federal Register, Volume 80 Issue 206 (Monday, October 26, 2015)
[Federal Register Volume 80, Number 206 (Monday, October 26, 2015)]
[Notices]
[Pages 65244-65245]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2015-27119]


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DEPARTMENT OF LABOR

Office of the Secretary


Agency Information Collection Activities; Submission for OMB 
Review; Comment Request; Acquisition and Sale of Trust Real Estate 
Investment Trust Shares by Individual Account Plans Sponsored by Trust 
Real Estate Investment Trusts

ACTION: Notice.

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

SUMMARY: The Department of Labor (DOL) is submitting the Employee 
Benefits Security Administration (EBSA) sponsored information 
collection request (ICR) titled, ``Acquisition and Sale of Trust Real 
Estate Investment Trust Shares by Individual Account Plans Sponsored by 
Trust Real Estate Investment Trusts,'' 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), 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 November 25, 2015.

[[Page 65245]]


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 http://www.reginfo.gov/public/do/PRAViewICR?ref_nbr=201509-1210-002 (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 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: [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: 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].

    Authority: 44 U.S.C. 3507(a)(1)(D).

SUPPLEMENTARY INFORMATION: This ICR seeks to extend PRA authority for 
the Acquisition and Sale of Trust Real Estate Investment Trust Shares 
by Individual Account Plans Sponsored by Trust Real Estate Investment 
Trusts information collection. Prohibited Transaction Class Exemption 
2004-07 permits an individual account pension plan sponsored by a real 
estate investment trust (REIT) that is organized as a business trust 
under State law (Trust REIT), or by its affiliates, to purchase, hold 
and sell publicly traded shares of beneficial interest in the Trust 
REIT. The relief also covers contributions in kind of REIT shares. 
Internal Revenue Code of 1986 (Code) section 4975 and Employee 
Retirement Income Security Act of 1974 (ERISA) section 406 would 
otherwise prohibit such purchases, holdings, and sales. See 26 U.S.C. 
4975 and 29 U.S.C. 1106. The class exemption requires, among other 
conditions, that the Trust REIT (or its agent) provide the person who 
has authority to direct acquisition or sale of REIT shares with the 
most recent prospectus, quarterly report, and annual report concerning 
the Trust REIT immediately before an initial investment in the Trust 
REIT. The person with such authority may be, under the terms of the 
plan, either an independent fiduciary or a participant exercising 
investment rights pertaining to his or her individual account under the 
plan. Updated versions of the reports must be provided to the directing 
person as subsequently published. The exemption further requires the 
plan to maintain records concerning investments in a Trust REIT, 
subject to appropriate confidentiality procedures, for a period of six 
years and make them available to interested persons including the 
Department and participants and beneficiaries. The confidentiality 
procedures must be designed to protect against the possibility that an 
employer may exert undue influence on participants regarding share-
related transactions, and the participants and beneficiaries of the 
plan must be provided with a statement describing the confidentiality 
procedures in place and the fiduciary responsible for monitoring these 
procedures. Code section 4975(c)(2) and ERISA section 408(a) authorize 
this information collection. See 26 U.S.C. 4975(c)(2) and 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 1210-0124.
    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 October 31, 2015. 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 June 17, 2015 (80 FR 
34696).
    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 1210-0124. 
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: Acquisition and Sale of Trust Real Estate 
Investment Trust Shares by Individual Account Plans Sponsored by Trust 
Real Estate Investment Trusts.
    OMB Control Number: 1210-0124.
    Affected Public: Private Sector--businesses or other for-profits.
    Total Estimated Number of Respondents: 52.
    Total Estimated Number of Responses: 109,200.
    Total Estimated Annual Time Burden: 5,469 hours.
    Total Estimated Annual Other Costs Burden: $346,000.

    Dated: October 20, 2015.
Michel Smyth,
Departmental Clearance Officer.
[FR Doc. 2015-27119 Filed 10-23-15; 8:45 am]
BILLING CODE 4510-29-P



                                                    65244                        Federal Register / Vol. 80, No. 206 / Monday, October 26, 2015 / Notices

                                                    to leave a message or question with the                 INTERNATIONAL TRADE                                   Communications RF, LLC of Glendale,
                                                    above individual. You will receive a                    COMMISSION                                            Arizona (Corning) as respondent. The
                                                    reply during normal business hours.                                                                           Office of Unfair Import Investigations is
                                                                                                            [Investigation No. 337–TA–938]
                                                                                                                                                                  a party to this investigation.
                                                    SUPPLEMENTARY INFORMATION:    Survey in                                                                          On September 22, 2015, PPC moved
                                                    the Fifth Principal Meridian requested                  Certain Coaxial Cable Connectors and
                                                                                                                                                                  to withdraw the complaint and
                                                    by the Bureau of Indian Affairs. Surveys                Components Thereof and Products
                                                                                                                                                                  terminate the investigation in its
                                                    in the Fourth Principal Meridian were                   Containing Same Commission
                                                                                                                                                                  entirety. Corning and the Commission
                                                    requested by the U.S. Forest Service.                   Determination Not To Review an Initial
                                                                                                                                                                  investigative attorney do not oppose the
                                                                                                            Determination Terminating the
                                                      The lands surveyed are:                                                                                     motion.
                                                                                                            Investigation in Its Entirety Based                      On September 25, 2015, the ALJ
                                                    Fourth Principal Meridian, Minnesota                    Upon Withdrawal of the Complaint                      issued the subject ID, granting the
                                                                                                            AGENCY: U.S. International Trade                      motion. The ALJ found that the motion
                                                    T. 64 N., R. 11 W.                                                                                            complied with the requirements of
                                                      The plat of survey represents the
                                                                                                            Commission.
                                                                                                            ACTION: Notice.
                                                                                                                                                                  Commission Rule 210.21(a)(1) (19 CFR
                                                    dependent resurvey of the south boundary of
                                                                                                                                                                  210.21(a)(1)) and further found that no
                                                    Township 64 North, Range 11 West, of the
                                                                                                            SUMMARY:    Notice is hereby given that               extraordinary circumstances prohibited
                                                    Fourth Principal Meridian, in the State of
                                                                                                            the U.S. International Trade                          granting the motion. None of the parties
                                                    Minnesota, and was accepted September 28,
                                                                                                            Commission has determined not to                      petitioned for review of the ID.
                                                    2015.                                                                                                            The Commission has determined not
                                                                                                            review an initial determination (‘‘ID’’)
                                                    Fourth Principal Meridian, Minnesota                    (Order No. 10) of the presiding                       to review the ID.
                                                                                                            administrative law judge (‘‘ALJ’’)                       The authority for the Commission’s
                                                    T. 64 N., R. 10 and 11 W.
                                                                                                            granting complainant’s motion to                      determination is contained in section
                                                       The plat of survey represents the                                                                          337 of the Tariff Act of 1930, as
                                                    dependent resurvey of a portion of the range            withdraw the complaint and terminate
                                                                                                            the investigation in its entirety.                    amended (19 U.S.C. 1337), and in part
                                                    line between Townships 63 North, Ranges 10                                                                    210 of the Commission’s Rules of
                                                    and 11 West, and a portion of the south                 FOR FURTHER INFORMATION CONTACT:
                                                                                                                                                                  Practice and Procedure (19 CFR part
                                                    exterior boundary of Township 64 North,                 Panyin A. Hughes, Office of the General               210).
                                                    Range 10 West, of the Fourth Principal                  Counsel, U.S. International Trade
                                                    Meridian, in the State of Minnesota, and was            Commission, 500 E Street SW.,                           By order of the Commission.
                                                    accepted September 28, 2015.                            Washington, DC 20436, telephone (202)                   Dated: October 20, 2015.
                                                                                                            205–3042. Copies of non-confidential                  Lisa R. Barton,
                                                    Fifth Principal Meridian, Minnesota
                                                                                                            documents filed in connection with this               Secretary to the Commission.
                                                    T. 144 N., R. 39 W. and T. 143 N., R. 39 W.             investigation are or will be available for            [FR Doc. 2015–27100 Filed 10–23–15; 8:45 am]
                                                      The plat of survey represents the corrective          inspection during official business                   BILLING CODE 7020–02–P
                                                    dependent resurvey of a portion of the                  hours (8:45 a.m. to 5:15 p.m.) in the
                                                    subdivisional lines and the corrective survey           Office of the Secretary, U.S.
                                                    of the subdivision of sections 22–27, and 36,           International Trade Commission, 500 E                 DEPARTMENT OF LABOR
                                                    Township 144 North, Range 39 West, and the              Street SW., Washington, DC 20436,
                                                    corrective dependent resurvey of a portion of           telephone (202) 205–2000. General                     Office of the Secretary
                                                    the east boundary and the corrective survey             information concerning the Commission
                                                    of the subdivision of section 1, Township 143           may also be obtained by accessing its                 Agency Information Collection
                                                    North, Range 39 West, of the Fifth Principal            Internet server at http://www.usitc.gov.              Activities; Submission for OMB
                                                    Meridian, in the State of Minnesota, and was            The public record for this investigation              Review; Comment Request;
                                                    accepted September 28, 2015.                            may be viewed on the Commission’s                     Acquisition and Sale of Trust Real
                                                                                                            electronic docket (EDIS) at http://                   Estate Investment Trust Shares by
                                                      We will place a copy of the plat we                                                                         Individual Account Plans Sponsored
                                                                                                            edis.usitc.gov. Hearing-impaired
                                                    described in the open files. It will be                                                                       by Trust Real Estate Investment Trusts
                                                                                                            persons are advised that information on
                                                    available to the public as a matter of                  this matter can be obtained by
                                                    information.                                                                                                  ACTION:   Notice.
                                                                                                            contacting the Commission’s TDD
                                                      If BLM receives a protest against this                terminal on (202) 205–1810.                           SUMMARY:   The Department of Labor
                                                    survey, as shown on the plat, prior to                  SUPPLEMENTARY INFORMATION: The                        (DOL) is submitting the Employee
                                                    the date of the official filing, we will                Commission instituted Inv. No. 337–                   Benefits Security Administration
                                                    stay the filing pending our                             TA–938 on December 10, 2014, based                    (EBSA) sponsored information
                                                    consideration of the protest.                           on a complaint filed by PPC Broadband,                collection request (ICR) titled,
                                                      We will not officially file the plat                  Inc. of East Syracuse, New York                       ‘‘Acquisition and Sale of Trust Real
                                                    until the day after we have accepted or                 (‘‘PPC’’). 79 FR 73336–37 (Dec. 10,                   Estate Investment Trust Shares by
                                                    dismissed all protests and they have                    2014). The complaint alleges violations               Individual Account Plans Sponsored by
                                                    become final, including decisions on                    of section 337 of the Tariff Act of 1930,             Trust Real Estate Investment Trusts,’’ to
                                                                                                            as amended (19 U.S.C. 1337), in the                   the Office of Management and Budget
                                                    appeals.
                                                                                                            importation into the United States, the               (OMB) for review and approval for
asabaliauskas on DSK5VPTVN1PROD with NOTICES




                                                      Dated: October 7, 2015.                               sale for importation, and the sale within             continued use, without change, in
                                                    Dominica VanKoten,                                      the United States after importation of                accordance with the Paperwork
                                                    Chief Cadastral Surveyor.                               certain coaxial cable connectors and                  Reduction Act of 1995 (PRA), 44 U.S.C.
                                                    [FR Doc. 2015–27126 Filed 10–23–15; 8:45 am]            components thereof and products                       3501 et seq. Public comments on the
                                                                                                            containing the same by reason of                      ICR are invited.
                                                    BILLING CODE 4310–GJ–P
                                                                                                            infringement of several claims of United              DATES: The OMB will consider all
                                                                                                            States Patent No. 8,801,448. The notice               written comments that agency receives
                                                                                                            of investigation named Corning Optical                on or before November 25, 2015.


                                               VerDate Sep<11>2014   18:53 Oct 23, 2015   Jkt 238001   PO 00000   Frm 00050   Fmt 4703   Sfmt 4703   E:\FR\FM\26OCN1.SGM   26OCN1


                                                                                 Federal Register / Vol. 80, No. 206 / Monday, October 26, 2015 / Notices                                                65245

                                                    ADDRESSES:   A copy of this ICR with                    authority to direct acquisition or sale of            published in the Federal Register on
                                                    applicable supporting documentation;                    REIT shares with the most recent                      June 17, 2015 (80 FR 34696).
                                                    including a description of the likely                   prospectus, quarterly report, and annual                Interested parties are encouraged to
                                                    respondents, proposed frequency of                      report concerning the Trust REIT                      send comments to the OMB, Office of
                                                    response, and estimated total burden                    immediately before an initial
                                                                                                                                                                  Information and Regulatory Affairs at
                                                    may be obtained free of charge from the                 investment in the Trust REIT. The
                                                                                                                                                                  the address shown in the ADDRESSES
                                                    RegInfo.gov Web site at http://                         person with such authority may be,
                                                    www.reginfo.gov/public/do/                              under the terms of the plan, either an                section within thirty (30) days of
                                                    PRAViewICR?ref_nbr=201509-1210-002                      independent fiduciary or a participant                publication of this notice in the Federal
                                                    (this link will only become active on the               exercising investment rights pertaining               Register. In order to help ensure
                                                    day following publication of this notice)               to his or her individual account under                appropriate consideration, comments
                                                    or by contacting Michel Smyth by                        the plan. Updated versions of the                     should mention OMB Control Number
                                                    telephone at 202–693–4129, TTY 202–                     reports must be provided to the                       1210–0124. The OMB is particularly
                                                    693–8064, (these are not toll-free                      directing person as subsequently                      interested in comments that:
                                                    numbers) or by email at DOL_PRA_                        published. The exemption further                        • Evaluate whether the proposed
                                                    PUBLIC@dol.gov.                                         requires the plan to maintain records                 collection of information is necessary
                                                       Submit comments about this request                   concerning investments in a Trust REIT,               for the proper performance of the
                                                    by mail or courier to the Office of                     subject to appropriate confidentiality                functions of the agency, including
                                                    Information and Regulatory Affairs,                     procedures, for a period of six years and             whether the information will have
                                                    Attn: OMB Desk Officer for DOL–EBSA,                    make them available to interested
                                                    Office of Management and Budget,                                                                              practical utility;
                                                                                                            persons including the Department and
                                                    Room 10235, 725 17th Street NW.,                        participants and beneficiaries. The                     • Evaluate the accuracy of the
                                                    Washington, DC 20503; by Fax: 202–                      confidentiality procedures must be                    agency’s estimate of the burden of the
                                                    395–5806 (this is not a toll-free                       designed to protect against the                       proposed collection of information,
                                                    number); or by email: OIRA_                             possibility that an employer may exert                including the validity of the
                                                    submission@omb.eop.gov. Commenters                      undue influence on participants                       methodology and assumptions used;
                                                    are encouraged, but not required, to                    regarding share-related transactions, and               • Enhance the quality, utility, and
                                                    send a courtesy copy of any comments                    the participants and beneficiaries of the             clarity of the information to be
                                                    by mail or courier to the U.S.                          plan must be provided with a statement
                                                                                                                                                                  collected; and
                                                    Department of Labor-OASAM, Office of                    describing the confidentiality
                                                    the Chief Information Officer, Attn:                    procedures in place and the fiduciary                   • Minimize the burden of the
                                                    Departmental Information Compliance                     responsible for monitoring these                      collection of information on those who
                                                    Management Program, Room N1301,                         procedures. Code section 4975(c)(2) and               are to respond, including through the
                                                    200 Constitution Avenue NW.,                            ERISA section 408(a) authorize this                   use of appropriate automated,
                                                    Washington, DC 20210; or by email:                      information collection. See 26 U.S.C.                 electronic, mechanical, or other
                                                    DOL_PRA_PUBLIC@dol.gov.                                 4975(c)(2) and 29 U.S.C. 1108(a).                     technological collection techniques or
                                                    FOR FURTHER INFORMATION CONTACT:                          This information collection is subject              other forms of information technology,
                                                    Contact Michel Smyth by telephone at                    to the PRA. A Federal agency generally                e.g., permitting electronic submission of
                                                    202–693–4129, TTY 202–693–8064,                         cannot conduct or sponsor a collection                responses.
                                                    (these are not toll-free numbers) or by                 of information, and the public is
                                                                                                            generally not required to respond to an                 Agency: DOL–EBSA.
                                                    email at DOL_PRA_PUBLIC@dol.gov.
                                                                                                            information collection, unless it is                    Title of Collection: Acquisition and
                                                       Authority: 44 U.S.C. 3507(a)(1)(D).
                                                                                                            approved by the OMB under the PRA                     Sale of Trust Real Estate Investment
                                                    SUPPLEMENTARY INFORMATION:       This ICR               and displays a currently valid OMB                    Trust Shares by Individual Account
                                                    seeks to extend PRA authority for the                   Control Number. In addition,                          Plans Sponsored by Trust Real Estate
                                                    Acquisition and Sale of Trust Real                      notwithstanding any other provisions of               Investment Trusts.
                                                    Estate Investment Trust Shares by                       law, no person shall generally be subject
                                                    Individual Account Plans Sponsored by                                                                           OMB Control Number: 1210–0124.
                                                                                                            to penalty for failing to comply with a
                                                    Trust Real Estate Investment Trusts                     collection of information that does not                 Affected Public: Private Sector—
                                                    information collection. Prohibited                      display a valid Control Number. See 5                 businesses or other for-profits.
                                                    Transaction Class Exemption 2004–07                     CFR 1320.5(a) and 1320.6. The DOL                       Total Estimated Number of
                                                    permits an individual account pension                   obtains OMB approval for this                         Respondents: 52.
                                                    plan sponsored by a real estate                         information collection under Control
                                                    investment trust (REIT) that is organized               Number 1210–0124.                                       Total Estimated Number of
                                                    as a business trust under State law                       OMB authorization for an ICR cannot                 Responses: 109,200.
                                                    (Trust REIT), or by its affiliates, to                  be for more than three (3) years without                Total Estimated Annual Time Burden:
                                                    purchase, hold and sell publicly traded                 renewal, and the current approval for                 5,469 hours.
                                                    shares of beneficial interest in the Trust              this collection is scheduled to expire on               Total Estimated Annual Other Costs
                                                    REIT. The relief also covers                            October 31, 2015. The DOL seeks to
                                                                                                                                                                  Burden: $346,000.
                                                    contributions in kind of REIT shares.                   extend PRA authorization for this
                                                    Internal Revenue Code of 1986 (Code)                    information collection for three (3) more               Dated: October 20, 2015.
asabaliauskas on DSK5VPTVN1PROD with NOTICES




                                                    section 4975 and Employee Retirement                    years, without any change to existing                 Michel Smyth,
                                                    Income Security Act of 1974 (ERISA)                     requirements. The DOL notes that                      Departmental Clearance Officer.
                                                    section 406 would otherwise prohibit                    existing information collection                       [FR Doc. 2015–27119 Filed 10–23–15; 8:45 am]
                                                    such purchases, holdings, and sales. See                requirements submitted to the OMB
                                                                                                                                                                  BILLING CODE 4510–29–P
                                                    26 U.S.C. 4975 and 29 U.S.C. 1106. The                  receive a month-to-month extension
                                                    class exemption requires, among other                   while they undergo review. For
                                                    conditions, that the Trust REIT (or its                 additional substantive information
                                                    agent) provide the person who has                       about this ICR, see the related notice


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Document Created: 2018-02-27 08:56:06
Document Modified: 2018-02-27 08:56:06
CategoryRegulatory Information
CollectionFederal Register
sudoc ClassAE 2.7:
GS 4.107:
AE 2.106:
PublisherOffice of the Federal Register, National Archives and Records Administration
SectionNotices
ActionNotice.
DatesThe OMB will consider all written comments that agency receives on or before November 25, 2015.
ContactContact Michel Smyth by telephone at 202-693-4129, TTY 202-693-8064, (these are not toll-free numbers) or by email at [email protected]
FR Citation80 FR 65244 

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