[Federal Register Volume 62, Number 178 (Monday, September 15, 1997)]
[Notices]
[Pages 48265-48266]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-24355]


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DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission
[FERC-523]


Proposed Information Collection and Request for Comments

September 10, 1997.
AGENCY: Federal Energy Regulatory Commission.

ACTION: Notice of proposed information collection and request for 
comments.

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SUMMARY: In compliance with the requirements of Section 3506 
(c)(2)(2)(a) of the Paperwork Reduction Act of 1995 (Pub. L. No. 104-
13), the Federal Energy Regulatory Commission (Commission) is 
soliciting public comment on the specific aspects of the information 
collection described below.

DATES: Consideration will be given to comments submitted on or before 
November 14, 1997.

ADDRESSES: Copies of the proposed collection of information can be 
obtained from and written comments may be submitted to the Federal 
Energy Regulatory Commission, Attn: Michael Miller, Information 
Services Division, ED-12.4, 888 First Street N.E., Washington, D.C. 
20426.

FOR FURTHER INFORMATION CONTACT:
 Michael Miller may be reached by telephone at (202) 208-1415, by fax 
at (202) 273-0873, and by e-mail at [email protected].

SUPPLEMENTARY INFORMATION: The information collected under the 
requirements of FERC-523 ``Applications for Authorization of Issuance 
of Securities'' (OMB No. 1902-0043) is used by the Commission to 
implement the statutory provisions of Sections 19, 20 and 204 of the 
Federal Power (FPA), 16 U.S.C. 792-828c.
    Under the FPA a public utility or licensee must obtain Commission 
authorization for the issuance of securities or the assumption of 
liabilities pursuant to the sections identified above. Public utilities 
or licensees are not permitted to issue securities or assume any 
obligations or liabilities as guarantor, indorser, or surety or 
otherwise in respect of any other security of another person, unless 
and until, they have submitted an application to the Commission who 
will in turn, issue an order authorizing assumption of the liability or 
issuance of securities. The information filed in applications to the 
Commission is used to determine the Commission's acceptance and/or 
rejection for granting authorization for either issuances of securities 
or assumptions of obligations or liabilities to licensees and public 
utilities. The Commission implements these filing requirements in the 
Code of Federal Regulations (CFR) under 18 CFR Parts 20 and 34, and 
Secs. 131.43 and 131.50.
    Action: The Commission is requesting a three-year extension of the 
current expiration date.
    Burden Statement: Public Reporting burden for this collection is 
estimated as:

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    Number of         Number of      Average burden      Total annual   
   respondents      responses per       hours per     burden hours (1) x
  annually  (1)    respondent  (2)    response  (3)        (2) x (3)    
------------------------------------------------------------------------
60..............              1               110              6,600    
------------------------------------------------------------------------

    Estimated cost burden to respondents: 6,600 hours divided by 2087 
hours per year times $110,000 per year equals $347,868. The cost per 
respondent is equal to $5,798.
    The reporting burden includes the total time, effort, or financial 
resources expended to generate, maintain, retain, disclose, or provide 
the information including: (1) reviewing instructions; (2) developing, 
acquiring, installing, and utilizing technology and systems for the 
purposes of collecting, validating verifying, processing, maintaining, 
disclosing and providing information; (3) adjusting the existing ways 
to comply with any previously applicable instructions and requirements: 
(4) training personnel to respond to a collection of information; (5) 
searching data sources; (6) completing and reviewing the collection of 
information; and (7) transmitting, or otherwise disclosing the 
information.
    The estimate of cost for respondents is based upon salaries for 
professional and clerical support, as well as direct and indirect 
overhead costs. Direct costs include all costs directly attributable to 
providing this information, such as administrative costs and the cost 
for information technology. Indirect or overhead costs are costs 
incurred by an organization in support of its mission. These costs 
apply to activities which benefit the whole organization rather than 
any one particular function or activity.
    Comments are invited on: (1) whether the proposed collection of 
information is necessary for the proper performance of the functions of 
the Commission, including whether whether the information will have 
practical utility; (2) the accuracy of the Commission's estimate of the 
burden of the proposed collection of information, including the 
validity of the methodology and assumptions used; (3) ways to enhance 
the quality, utility and clarity of the information to be collected; 
and (4) ways to minimize the burden of the collection of information on 
those who are to respond, including the use of appropriate automated, 
electronic mechanical, or other technological collection techniques or 
other forms of

[[Page 48266]]

information technology e.g. permitting electronic submission of 
responses.
Lois D. Cashell,
Secretary.
[FR Doc. 97-24355 Filed 9-12-97; 8:45 am]
BILLING CODE 6717-01-M