82 FR 58219 - Agency Information Collection Activities; Submission for OMB Review; Comment Request; Analysis of Alternative Strategies for Financing Unemployment Insurance (UI) Benefits When Trust Fund Balances Are Insufficient
DEPARTMENT OF LABOR Federal Register Volume 82, Issue 236 (December 11, 2017)
Federal Register Volume 82, Issue 236 (December 11, 2017)
| Page Range | 58219-58220 | |
| FR Document | 2017-26668 |
[Federal Register Volume 82, Number 236 (Monday, December 11, 2017)] [Notices] [Pages 58219-58220] From the Federal Register Online [www.thefederalregister.org] [FR Doc No: 2017-26668] ----------------------------------------------------------------------- DEPARTMENT OF LABOR Agency Information Collection Activities; Submission for OMB Review; Comment Request; Analysis of Alternative Strategies for Financing Unemployment Insurance (UI) Benefits When Trust Fund Balances Are Insufficient AGENCY: Office of the Assistant Secretary for Policy, Chief Evaluation Office, Department of Labor. ACTION: Notice of Information collection; request for comment. ----------------------------------------------------------------------- SUMMARY: The Department of Labor (DOL), as part of its continuing effort to reduce paperwork and respondent burden, conducts a preclearance consultation program to provide the general public and Federal agencies with an opportunity to comment on proposed and/or continuing collections of information in accordance with the Paperwork Reduction Act of 1995 (PRA95) [44 U.S.C. 3506(c)(2)(A)]. This program helps to ensure that requested data can be provided in the desired format, reporting burden (time and financial resources) is minimized, collection instruments are clearly understood, and the impact of collection requirements on respondents is properly assessed. Currently, the Department of Labor is soliciting comments concerning the collection of data to support an analysis of alternative strategies for UI deficit financing. A copy of the proposed Information Collection Request (ICR) can be obtained by contacting the office listed below in the addressee section of this notice. DATES: Written comments must be submitted to the office listed in the addressee section below on or before February 9, 2018. ADDRESSES: You may submit comments by either one of the following methods: Email: [email protected]; Mail or Courier: Scott Gibbons, Chief Evaluation Office, OASP, U.S. Department of Labor, Room S-2312, 200 Constitution Avenue NW., Washington, DC 20210. Instructions: Please submit one copy of your comments by only one method. All submissions received must include the agency name and OMB Control Number identified above for this information collection. Because we continue to experience delays in receiving mail in the Washington, DC area, commenters are strongly encouraged to transmit their comments electronically via email or to submit them by mail early. Comments, including any personal information provided, become a matter of public record. They will also be summarized and/or included in the request for OMB approval of the information collection request. FOR FURTHER INFORMATION CONTACT: Scott Gibbons by email at [email protected]. SUPPLEMENTARY INFORMATION: I. Background: Historically, States have financed shortages in meeting obligations to pay UI benefits by borrowing from the Federal Unemployment Account (FUA) in the Unemployment Trust Fund (UTF) maintained by the United States Treasury. Over the last several recessionary cycles, an increasing number of States have opted to utilize private markets to make up UTF shortfalls, instead of taking traditional Federal loans. In this past recession, of the thirty-six States that needed to borrow funds to pay UI benefits, eight used private sector instruments (i.e., seven States issued bonds and one State used short-term bank loans). Numerous considerations must be weighed in order to determine which option in financing UTF account deficits should be employed under what circumstances to result in an optimal outcome. However, there is little research examining or comparing the methods available to States for financing UTF account deficits, and specifically lacking is comprehensive research that analyzes the cost differences between taking Federal loans and using alternate sources. As a result, State UTF account administrators are in a position where they may need to make rapid decisions based on little evidence or understanding of available options. DOL is sponsoring an analysis of costs related to UI deficit financing, and the planned data collection includes a qualitative interviews with Federal and state officials who play roles in the deficit financing process, as well as interviews with finance professionals and bond underwriters to understand their perspectives. This information will be used, along with materials from a literature search and environmental scan, to better understand the factors that influence state decisions between possible financing methods. This Federal Register Notice provides the opportunity to comment on proposed data collection instruments that will be used during structured interviews to identify factors involved in decisions concerning which deficit financing methods are used, as well as describing the perceived benefits and potential challenges in their use. II. Desired Focus of Comments: Currently, DOL is soliciting comments concerning the above data collection to support an analysis of alternative strategies for UI deficit financing. DOL is particularly interested in comments that do the following: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. 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- for example, permitting electronic submission of responses. III. Current Actions: At this time, the Department of Labor is requesting clearance for structured interviews. Type of Review: New information collection request. OMB Control Number: 1290-0NEW. Affected Public: State, professionals in public finance and public bond underwriters. [[Page 58220]] Estimated Total Burden Hours -------------------------------------------------------------------------------------------------------------------------------------------------------- Number of Average burden Annual Total Instrument Total number Annual number Responses per per response estimated estimated of respondents of respondents respondent (hours) burden (hours) burden (hours) -------------------------------------------------------------------------------------------------------------------------------------------------------- State UI Directors...................................... 8 3 1 2 5.3 16 State officials/Senior Staff............................ 8 3 1 1 2.7 8 Additional State staff.................................. 32 11 1 2 21.3 64 Bond market representatives............................. 6 2 1 1 2.0 6 ----------------------------------------------------------------------------------------------- Unduplicated Totals................................. 54 19 .............. .............. 31.3 94 -------------------------------------------------------------------------------------------------------------------------------------------------------- Comments submitted in response to this request will be summarized and/or included in the request for Office of Management and Budget approval of the information collection request; they will also become a matter of public record. Dated: December 1, 2017. Molly Irwin, Chief Evaluation Officer, U.S. Department of Labor. [FR Doc. 2017-26668 Filed 12-8-17; 8:45 am] BILLING CODE 4510-HX-P
![Federal Register / Vol. 82, No. 236 / Monday, December 11, 2017 / Notices 58219
Register notice published on November Information Collection Request (ICR) sources. As a result, State UTF account
17, 2016. Additionally, the EA was can be obtained by contacting the office administrators are in a position where
available at the Gulfport Public Library listed below in the addressee section of they may need to make rapid decisions
and posted on the Job Corps Web site, this notice. based on little evidence or
and copies of the EA were mailed to key DATES: Written comments must be understanding of available options.
stakeholders. Comments received were submitted to the office listed in the DOL is sponsoring an analysis of costs
addressed as part of the Section 106 addressee section below on or before related to UI deficit financing, and the
consultation and incorporated into the February 9, 2018. planned data collection includes a
MOA and the Final EA. A second public qualitative interviews with Federal and
ADDRESSES: You may submit comments
meeting was held on February 15, 2017, state officials who play roles in the
by either one of the following methods:
in the Gulfport City Council Chambers deficit financing process, as well as
Email: ChiefEvaluationOffice@
to present information on the Section interviews with finance professionals
dol.gov; Mail or Courier: Scott Gibbons,
106 consultation. Forty-three citizens and bond underwriters to understand
Chief Evaluation Office, OASP, U.S.
attended the meeting. Comments their perspectives. This information will
Department of Labor, Room S–2312, 200
received were incorporated into the be used, along with materials from a
Constitution Avenue NW., Washington,
MOA. literature search and environmental
The Draft Final EA and Draft FONSI DC 20210. Instructions: Please submit
one copy of your comments by only one scan, to better understand the factors
will be available for public review and that influence state decisions between
comment for a period of 30 days at the method. All submissions received must
include the agency name and OMB possible financing methods.
Gulfport Public Library, 1708 25th This Federal Register Notice provides
Avenue, Gulfport, MS 39501, and at Control Number identified above for
this information collection. Because we the opportunity to comment on
http://www.jobcorps.gov/home.aspx.
continue to experience delays in proposed data collection instruments
Nancy M. Rooney, receiving mail in the Washington, DC that will be used during structured
Deputy Assistant Secretary for Employment area, commenters are strongly interviews to identify factors involved
and Training. encouraged to transmit their comments in decisions concerning which deficit
[FR Doc. 2017–26579 Filed 12–8–17; 8:45 am] electronically via email or to submit financing methods are used, as well as
BILLING CODE 4510–FT–P them by mail early. Comments, describing the perceived benefits and
including any personal information potential challenges in their use.
provided, become a matter of public II. Desired Focus of Comments:
DEPARTMENT OF LABOR record. They will also be summarized Currently, DOL is soliciting comments
and/or included in the request for OMB concerning the above data collection to
Agency Information Collection approval of the information collection support an analysis of alternative
Activities; Submission for OMB request. strategies for UI deficit financing. DOL
Review; Comment Request; Analysis is particularly interested in comments
of Alternative Strategies for Financing FOR FURTHER INFORMATION CONTACT:
that do the following:
Unemployment Insurance (UI) Benefits Scott Gibbons by email at
ChiefEvaluationOffice@dol.gov. • Evaluate whether the proposed
When Trust Fund Balances Are
collection of information is necessary
Insufficient SUPPLEMENTARY INFORMATION:
for the proper performance of the
I. Background: Historically, States functions of the agency, including
AGENCY: Office of the Assistant
Secretary for Policy, Chief Evaluation have financed shortages in meeting whether the information will have
Office, Department of Labor. obligations to pay UI benefits by practical utility.
borrowing from the Federal
ACTION: Notice of Information collection; • Evaluate the accuracy of the
Unemployment Account (FUA) in the
request for comment. agency’s estimate of the burden of the
Unemployment Trust Fund (UTF)
proposed collection of information,
SUMMARY: The Department of Labor maintained by the United States
including the validity of the
(DOL), as part of its continuing effort to Treasury. Over the last several
methodology and assumptions used.
reduce paperwork and respondent recessionary cycles, an increasing
number of States have opted to utilize • Enhance the quality, utility, and
burden, conducts a preclearance clarity of the information to be
consultation program to provide the private markets to make up UTF
shortfalls, instead of taking traditional collected.
general public and Federal agencies
with an opportunity to comment on Federal loans. In this past recession, of • Minimize the burden of the
proposed and/or continuing collections the thirty-six States that needed to collection of information on those who
of information in accordance with the borrow funds to pay UI benefits, eight are to respond, including through the
Paperwork Reduction Act of 1995 used private sector instruments (i.e., use of appropriate automated,
(PRA95) [44 U.S.C. 3506(c)(2)(A)]. This seven States issued bonds and one State electronic, mechanical, or other
program helps to ensure that requested used short-term bank loans). Numerous technological collection techniques or
data can be provided in the desired considerations must be weighed in other forms of information technology-
format, reporting burden (time and order to determine which option in for example, permitting electronic
financial resources) is minimized, financing UTF account deficits should submission of responses.
collection instruments are clearly be employed under what circumstances III. Current Actions: At this time, the
understood, and the impact of collection to result in an optimal outcome. Department of Labor is requesting
daltland on DSKBBV9HB2PROD with NOTICES
requirements on respondents is properly However, there is little research clearance for structured interviews.
assessed. examining or comparing the methods Type of Review: New information
Currently, the Department of Labor is available to States for financing UTF collection request.
soliciting comments concerning the account deficits, and specifically OMB Control Number: 1290–0NEW.
collection of data to support an analysis lacking is comprehensive research that Affected Public: State, professionals
of alternative strategies for UI deficit analyzes the cost differences between in public finance and public bond
financing. A copy of the proposed taking Federal loans and using alternate underwriters.
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![58220 Federal Register / Vol. 82, No. 236 / Monday, December 11, 2017 / Notices
ESTIMATED TOTAL BURDEN HOURS
Number of Average Annual Total
Total Annual Responses burden per estimated estimated
Instrument number of number of per response burden burden
respondents respondents respondent (hours) (hours) (hours)
State UI Directors .................................... 8 3 1 2 5.3 16
State officials/Senior Staff ........................ 8 3 1 1 2.7 8
Additional State staff ................................ 32 11 1 2 21.3 64
Bond market representatives ................... 6 2 1 1 2.0 6
Unduplicated Totals .......................... 54 19 ........................ ........................ 31.3 94
Comments submitted in response to NUCLEAR REGULATORY Fuel Storage and Transportation
this request will be summarized and/or COMMISSION Business Lines (Public Meeting)
included in the request for Office of (Contact: Damaris Marcano: 301–415–
[NRC–2017–0001] 7328)
Management and Budget approval of the
information collection request; they will Sunshine Act Meetings This meeting will be webcast live at
also become a matter of public record. the Web address—http://www.nrc.gov/.
Dated: December 1, 2017. DATE: Weeks of December 11, 18, 25, * * * * *
Molly Irwin, 2017, January 1, 8, 15, 2018.
Additional Information
Chief Evaluation Officer, U.S. Department of PLACE: Commissioners’ Conference
Labor. Room, 11555 Rockville Pike, Rockville, By a vote of 3–0 on December 6, 2017,
Maryland. the Commission determined pursuant to
[FR Doc. 2017–26668 Filed 12–8–17; 8:45 am]
STATUS: Public and closed.
U.S.C. 552b(e) and § 9.107(a) of the
BILLING CODE 4510–HX–P
Commission’s rules that the above
Week of December 11, 2017—Tentative referenced Affirmation Session be held
Monday, December 11, 2017. with less than one week notice to the
NATIONAL CREDIT UNION public. The meeting is scheduled on
ADMINISTRATION 2:30 p.m. Affirmation Session (Public December 11, 2017.
Meeting) (Tentative) * * * * *
Sunshine Act Meeting Florida Power & Light Co. (Turkey The schedule for Commission
Point Nuclear Generating Units 6 meetings is subject to change on short
TIME AND DATE: 10:00 a.m., Thursday, and 7), Appeal of LBP–17–6
December 14, 2017. notice. For more information or to verify
(Tentative) the status of meetings, contact Denise
PLACE: Board Room, 7th Floor, Room
7047, 1775 Duke Street (All visitors Tuesday, December 12, 2017 McGovern at 301–415–0681 or via email
must use Diagonal Road Entrance), at Denise.McGovern@nrc.gov.
9:00 a.m. Hearing on Combined
Alexandria, VA 22314–3428. Licenses for Turkey Point, Units 6 * * * * *
STATUS: Open. and 7: Section 189a. of the Atomic The NRC Commission Meeting
Energy Act Proceeding (Public Schedule can be found on the Internet
MATTERS TO BE CONSIDERED:
Meeting) at: http://www.nrc.gov/public-involve/
1. NCUA’s Rules and Regulations, public-meetings/schedule.html.
Emergency Mergers. (Contact: Manny Comar: 301–415–
2. NCUA’s Rules and Regulations, 3863) * * * * *
Agency Reorganization. This meeting will be webcast live at The NRC provides reasonable
the Web address—http://www.nrc.gov/. accommodation to individuals with
RECESS: 10:30 a.m.
disabilities where appropriate. If you
TIME AND DATE: 10:45 a.m., Thursday, Week of December 18, 2017—Tentative need a reasonable accommodation to
December 14, 2017. participate in these public meetings, or
There are no meetings scheduled for
PLACE: Board Room, 7th Floor, Room the week of December 18, 2017. need this meeting notice or the
7047, 1775 Duke Street, Alexandria, VA transcript or other information from the
22314–3428. Week of December 25, 2017—Tentative public meetings in another format (e.g.,
STATUS: Closed. There are no meetings scheduled for braille, large print), please notify
MATTERS TO BE CONSIDERED: the week of December 25, 2017. Kimberly Meyer, NRC Disability
1. Supervisory Action. Closed Program Manager, at 301–287–0739, by
Week of January 1, 2018—Tentative videophone at 240–428–3217, or by
pursuant to Exemptions (7), (8), and
(9)(ii). There are no meetings scheduled for email at Kimberly.Meyer-Chambers@
2. Request under Section 205(d) of the the week of January 1, 2018. nrc.gov. Determinations on requests for
Federal Credit Union Act. Closed Week of January 8, 2018—Tentative reasonable accommodation will be
pursuant to Exemption (6). made on a case-by-case basis.
There are no meetings scheduled for * * * * *
FOR FURTHER INFORMATION CONTACT:
daltland on DSKBBV9HB2PROD with NOTICES
the week of January 8, 2018. Members of the public may request to
Gerard Poliquin, Secretary of the Board,
Telephone: 703–518–6304. Week of January 15, 2018—Tentative receive this information electronically.
If you would like to be added to the
Gerard Poliquin, Thursday, January 18, 2017 distribution, please contact the Nuclear
Secretary of the Board. 9:00 a.m. Strategic Programmatic Regulatory Commission, Office of the
[FR Doc. 2017–26749 Filed 12–7–17; 4:15 pm] Overview of the Decommissioning Secretary, Washington, DC 20555 (301–
BILLING CODE 7535–01–P and Low-Level Waste and Spent 415–1969), or email Patricia.Jimenez@
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Document Created: 2017-12-09 01:49:48
Document Modified: 2017-12-09 01:49:48
| 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 of Information collection; request for comment. | |
| Dates | Written comments must be submitted to the office listed in the | |
| Contact | Scott Gibbons by email at [email protected] | |
| FR Citation | 82 FR 58219 |
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