80 FR 66574 - Agency Information Collection Activities; Submission for OMB Review; Comment Request; Foreign Currency Transactions, Prohibited Transaction Class Exemption 1994-20

DEPARTMENT OF LABOR
Office of the Secretary

Federal Register Volume 80, Issue 209 (October 29, 2015)

Page Range		66574-66575
FR Document		2015-27596

The Department of Labor (DOL) is submitting the employee Benefits Security Administration (EBSA) sponsored information collection request (ICR) titled, ``Foreign Currency Transactions, Prohibited Transaction Class Exemption 1994-20,'' 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 209 (Thursday, October 29, 2015)

[Federal Register Volume 80, Number 209 (Thursday, October 29, 2015)]
[Notices]
[Pages 66574-66575]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2015-27596]


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DEPARTMENT OF LABOR

Office of the Secretary


Agency Information Collection Activities; Submission for OMB 
Review; Comment Request; Foreign Currency Transactions, Prohibited 
Transaction Class Exemption 1994-20

ACTION: Notice.

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

SUMMARY: The Department of Labor (DOL) is submitting the employee 
Benefits Security Administration (EBSA) sponsored information 
collection request (ICR) titled, ``Foreign Currency Transactions, 
Prohibited Transaction Class Exemption 1994-20,'' 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 30, 2015.

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=201510-1210-006 (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 Foreign Currency Transactions information collection requirements 
in Prohibited Transaction Class Exemption (PTE) 1994-20, Foreign 
Exchange Transactions. The PTE permits, under circumstances the 
Employee Retirement Income Security Act of 1974 (ERISA) would otherwise 
preclude, the purchase and sale of foreign currencies between an 
employee benefit plan and a bank or a broker dealer or an affiliate 
thereof that is a party in interest with respect to such plan. The 
exemption imposes recordkeeping and disclosure requirements. Internal 
Revenue Code section 4975(c)(2) and ERISA section 408(a) authorize this 
information collection. See 26 U.S.C. 4975(c)(2); 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 1210-0085.
    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 November 30, 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 1210-0085. 
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: Foreign Currency Transactions, Prohibited 
Transaction Class Exemption 1994-20.
    OMB Control Number: 1210-0085.
    Affected Public: Private Sector--businesses or other for-profits 
and not-for-profit institutions.
    Total Estimated Number of Respondents: 248.
    Total Estimated Number of Responses: 1,240.
    Total Estimated Annual Time Burden: 200 hours.
    Total Estimated Annual Other Costs Burden: $0.


[[Page 66575]]


     Dated: October 26, 2015.
Michel Smyth,
Departmental Clearance Officer.
[FR Doc. 2015-27596 Filed 10-28-15; 8:45 am]
 BILLING CODE 4510-29-P

66574 Federal Register / Vol. 80, No. 209 / Thursday, October 29, 2015 / Notices

technological collection techniques or telephone at 202–693–4129, TTY 202– information collection under Control
other forms of information technology, 693–8064, (these are not toll-free Number 1210–0085.
e.g., permitting electronic submission of numbers) or by email at DOL_PRA_ OMB authorization for an ICR cannot
responses. PUBLIC@dol.gov. be for more than three (3) years without
Agency: DOL–ETA. Submit comments about this request renewal, and the current approval for
Title of Collection: Agricultural by mail or courier to the Office of this collection is scheduled to expire on
Recruitment System Forms Affecting Information and Regulatory Affairs, November 30, 2015. The DOL seeks to
Migratory Farm Workers. Attn: OMB Desk Officer for DOL–EBSA, extend PRA authorization for this
OMB Control Number: 1205–0134. Office of Management and Budget, information collection for three (3) more
Affected Public: State, Local and Room 10235, 725 17th Street, NW., years, without any change to existing
Tribal Governments; Private Sector— Washington, DC 20503; by Fax: 202– requirements. The DOL notes that
businesses or other for-profits, farms, 395–5806 (this is not a toll-free existing information collection
and not-for-profit institutions. number); or by email: OIRA_ requirements submitted to the OMB
Total Estimated Number of receive a month-to-month extension
submission@omb.eop.gov. Commenters
Respondents: 8,586. while they undergo review. For
Total Estimated Number of are encouraged, but not required, to
send a courtesy copy of any comments additional substantive information
Responses: 9,356. about this ICR, see the related notice
Total Estimated Annual Time Burden: by mail or courier to the U.S.
Department of Labor-OASAM, Office of published in the Federal Register on
8,606 hours. June 17, 2015 (80 FR 34696).
Total Estimated Annual Other Costs the Chief Information Officer, Attn:
Departmental Information Compliance Interested parties are encouraged to
Burden: $29,471.
Management Program, Room N1301, send comments to the OMB, Office of
Dated: October 24, 2015. Information and Regulatory Affairs at
200 Constitution Avenue NW.,
Michel Smyth, Washington, DC 20210; or by email: the address shown in the ADDRESSES
Departmental Clearance Officer. DOL_PRA_PUBLIC@dol.gov. section within thirty (30) days of
[FR Doc. 2015–27568 Filed 10–28–15; 8:45 am] publication of this notice in the Federal
FOR FURTHER INFORMATION CONTACT:
BILLING CODE 4510–FN–P Register. In order to help ensure
Contact Michel Smyth by telephone at appropriate consideration, comments
202–693–4129, TTY 202–693–8064, should mention OMB Control Number
(these are not toll-free numbers) or by 1210–0085. The OMB is particularly
DEPARTMENT OF LABOR
email at DOL_PRA_PUBLIC@dol.gov. interested in comments that:
Office of the Secretary Authority: 44 U.S.C. 3507(a)(1)(D). • Evaluate whether the proposed
SUPPLEMENTARY INFORMATION: This ICR collection of information is necessary
Agency Information Collection for the proper performance of the
seeks to extend PRA authority for the
Activities; Submission for OMB functions of the agency, including
Foreign Currency Transactions
Review; Comment Request; Foreign whether the information will have
information collection requirements in
Currency Transactions, Prohibited practical utility;
Prohibited Transaction Class Exemption
Transaction Class Exemption 1994–20
(PTE) 1994–20, Foreign Exchange • Evaluate the accuracy of the
Transactions. The PTE permits, under agency’s estimate of the burden of the
ACTION: Notice.
circumstances the Employee Retirement proposed collection of information,
SUMMARY: The Department of Labor Income Security Act of 1974 (ERISA) including the validity of the
(DOL) is submitting the employee would otherwise preclude, the purchase methodology and assumptions used;
Benefits Security Administration and sale of foreign currencies between • Enhance the quality, utility, and
(EBSA) sponsored information an employee benefit plan and a bank or clarity of the information to be
collection request (ICR) titled, ‘‘Foreign a broker dealer or an affiliate thereof collected; and
Currency Transactions, Prohibited that is a party in interest with respect to • Minimize the burden of the
Transaction Class Exemption 1994–20,’’ such plan. The exemption imposes collection of information on those who
to the Office of Management and Budget recordkeeping and disclosure are to respond, including through the
(OMB) for review and approval for requirements. Internal Revenue Code use of appropriate automated,
continued use, without change, in section 4975(c)(2) and ERISA section electronic, mechanical, or other
accordance with the Paperwork 408(a) authorize this information technological collection techniques or
Reduction Act of 1995 (PRA), 44 U.S.C. collection. See 26 U.S.C. 4975(c)(2); 29 other forms of information technology,
3501 et seq. Public comments on the U.S.C 1108(a). e.g., permitting electronic submission of
ICR are invited. responses.
This information collection is subject Agency: DOL–EBSA.
DATES: The OMB will consider all to the PRA. A Federal agency generally Title of Collection: Foreign Currency
written comments that agency receives cannot conduct or sponsor a collection Transactions, Prohibited Transaction
on or before November 30, 2015. of information, and the public is Class Exemption 1994–20.
ADDRESSES: A copy of this ICR with generally not required to respond to an OMB Control Number: 1210–0085.
applicable supporting documentation; information collection, unless it is Affected Public: Private Sector—
including a description of the likely approved by the OMB under the PRA businesses or other for-profits and not-
respondents, proposed frequency of and displays a currently valid OMB
asabaliauskas on DSK5VPTVN1PROD with NOTICES

for-profit institutions.
response, and estimated total burden Control Number. In addition, Total Estimated Number of
may be obtained free of charge from the notwithstanding any other provisions of Respondents: 248.
RegInfo.gov Web site at http:// law, no person shall generally be subject Total Estimated Number of
www.reginfo.gov/public/do/ to penalty for failing to comply with a Responses: 1,240.
PRAViewICR?ref_nbr=201510-1210-006 collection of information that does not Total Estimated Annual Time Burden:
(this link will only become active on the display a valid Control Number. See 5 200 hours.
day following publication of this notice) CFR 1320.5(a) and 1320.6. The DOL Total Estimated Annual Other Costs
or by contacting Michel Smyth by obtains OMB approval for this Burden: $0.

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Federal Register / Vol. 80, No. 209 / Thursday, October 29, 2015 / Notices 66575

Dated: October 26, 2015. FOR FURTHER INFORMATION CONTACT: 9155 instructions made in response to
Michel Smyth, Contact Michel Smyth by telephone at public comments the ETA received in
Departmental Clearance Officer. 202–693–4129, TTY 202–693–8064, response to an earlier notice published
[FR Doc. 2015–27596 Filed 10–28–15; 8:45 am] (these are not toll-free numbers) or in theFederal Register on July 10, 2015
BILLING CODE 4510–29–P sending an email to DOL_PRA_ (80 FR 39801). Immigration and
PUBLIC@dol.gov. Nationality Act sections
Authority: 44 U.S.C. 3507(a)(1)(D). 101(a)(15)(H)(ii)(b) and 214(c) and
DEPARTMENT OF LABOR Consolidated Appropriations Act, 2014
SUPPLEMENTARY INFORMATION: This ICR
section 113 authorize this information
seeks approval under the PRA for
Office of the Secretary collection. See 8 U.S.C.
revisions to the H–2B Foreign Labor
1011(a)(15)(H)(ii)(b), 1184(c); Public
Agency Information Collection Certification Program information
Law 113–76 section 113.
Activities; Submission for OMB collection. Before an employer may This information collection is subject
Review; Comment Request; H–2B petition the Department of Homeland to the PRA. A Federal agency generally
Foreign Labor Certification Program Security for any temporary or cannot conduct or sponsor a collection
permanent skilled or unskilled foreign of information, and the public is
ACTION: Notice. workers, the employer must submit a generally not required to respond to an
request for certification to the Secretary information collection, unless it is
SUMMARY: On October 30, 2015, the of Labor containing elements prescribed
Department of Labor (DOL) will submit approved by the OMB under the PRA
by the Immigration and Nationality Act and displays a currently valid OMB
the Employment and Training (INA) and its implementing regulations
Administration (ETA) sponsored Control Number. In addition,
at 8 CFR 214.2(h)(6). The H–2B visa notwithstanding any other provisions of
information collection request (ICR) program enables an employer to bring
revision titled, ‘‘H–2B Foreign Labor law, no person shall generally be subject
nonimmigrant foreign workers to the to penalty for failing to comply with a
Certification Program,’’ to the Office of U.S. to perform nonagricultural work of
Management and Budget (OMB) for collection of information that does not
a temporary or seasonal nature. display a valid Control Number. See 5
review and approval for use in Information collected through Form
accordance with the Paperwork CFR 1320.5(a) and 1320.6. The DOL
ETA–9142B, H–2B Application for obtains OMB approval for this
Reduction Act (PRA) of 1995 (44 U.S.C. Temporary Employment Certification, is
3501 et seq.). Public comments on the information collection under Control
the basis for the Secretary’s Number 1205–0509. The current
ICR are invited. determination of whether unemployed approval is scheduled to expire on
DATES: The OMB will consider all U.S. workers are not available to October 31, 2015; however, the DOL
written comments that agency receives perform the services or labor and U.S. notes that existing information
on or before November 30, 2015. workers’ wages and working conditions collection requirements submitted to the
ADDRESSES: A copy of this ICR with will not be adversely affected by H–2B OMB receive a month-to-month
applicable supporting documentation; workers’ employment. The Secretary extension while they undergo review.
including a description of the likely must issue an affirmative determination New requirements would only take
respondents, proposed frequency of before the Department of Homeland effect upon OMB approval. For
response, and estimated total burden Security may approve a petition for H– additional substantive information
may be obtained free of charge from the 2B workers. Form ETA–9142B is used to about this ICR, see the related notice
RegInfo.gov Web site at http:// collect information to permit the DOL to published in the Federal Register on
www.reginfo.gov/public/do/ meet its statutory responsibilities for July 10, 2015 (80 FR 39801).
PRAViewICR?ref_nbr= 201510–1205– administering the H–2B temporary labor Interested parties are encouraged to
004 (this link will only become active certification program. send comments to the OMB, Office of
on October 31, 2015) or by contacting This ICR also includes Forms ETA– Information and Regulatory Affairs at
Michel Smyth by telephone at 202–693– 9142B Appendix B and ETA–9155, H– the address shown in the ADDRESSES
4129, TTY 202–693–8064, (these are not 2B Registration. Form ETA–9155 allows section by November 30, 2015. In order
toll-free numbers) or sending an email the DOL to make a preliminary to help ensure appropriate
to DOL_PRA_PUBLIC@dol.gov. determination with respect to an consideration, comments should
Submit comments about this request employer’s temporary need and to issue mention OMB Control Number 1205–
by mail or courier to the Office of an H–2B Registration for the employer 0509. The OMB is particularly
Information and Regulatory Affairs, to use for a period up to three years in interested in comments that:
Attn: OMB Desk Officer for DOL–ETA, connection with subsequent labor • Evaluate whether the proposed
Office of Management and Budget, certification applications. An H–2B collection of information is necessary
Room 10235, 725 17th Street NW., employer must register with the DOL for the proper performance of the
Washington, DC 20503; by Fax: 202– prior to submitting a request for labor functions of the agency, including
395–5806 (this is not a toll-free certification. Finally, employers in the whether the information will have
number); or by email: OIRA_ seafood industry may file the Form practical utility;
submission@omb.eop.gov. Commenters ETA–9142B Seafood Attestation in • Evaluate the accuracy of the
are encouraged, but not required, to order to avail themselves of the agency’s estimate of the burden of the
send a courtesy copy of any comments staggered entry provision for H–2B
asabaliauskas on DSK5VPTVN1PROD with NOTICES

proposed collection of information,
by mail or courier to the U.S. workers enacted by Consolidated and including the validity of the
Department of Labor-OASAM, Office of Further Continuing Appropriations Act, methodology and assumptions used;
the Chief Information Officer, Attn: 2014 section 113. See Pub. Law 113–235 • Enhance the quality, utility, and
Departmental Information Compliance section 113. clarity of the information to be
Management Program, Room N1301, This information collection has been collected; and
200 Constitution Avenue NW., classified as a revision, because of • Minimize the burden of the
Washington, DC 20210; or by email: changes to Forms ETA–9142B, ETA– collection of information on those who
DOL_PRA_PUBLIC@dol.gov. 914B-Appendix B, and the Form ETA– are to respond, including through the

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Document Created: 2015-12-14 15:21:43
Document Modified: 2015-12-14 15:21:43

Category		Regulatory Information
Collection		Federal Register
sudoc Class		AE 2.7: GS 4.107: AE 2.106:
Publisher		Office of the Federal Register, National Archives and Records Administration
Section		Notices
Action		Notice.
Dates		The OMB will consider all written comments that agency receives on or before November 30, 2015.
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]
FR Citation		80 FR 66574

80 FR 66574 - Agency Information Collection Activities; Submission for OMB Review; Comment Request; Foreign Currency Transactions, Prohibited Transaction Class Exemption 1994-20

DEPARTMENT OF LABOROffice of the Secretary

Federal Register Volume 80, Issue 209 (October 29, 2015)

DEPARTMENT OF LABOR
Office of the Secretary