[Federal Register Volume 62, Number 199 (Wednesday, October 15, 1997)]
[Notices]
[Pages 53657-53658]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-27251]


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DEPARTMENT OF LABOR

Office of the Secretary


Submission for OMB Review; Comment Request

October 9, 1997.
    The Department of Labor (DOL) has submitted the following public 
information collection requests (ICRs) to the Office of Management and 
Budget (OMB) for review and approval in accordance with the Paperwork 
Reduction Act of 1995 (Pub. L. 104-13, 44 U.S.C. Chapter 35). A copy of 
each individual ICR, with applicable supporting documentation, may be 
obtained by calling the Department of Labor, Departmental Clearance 
Officer, Theresa M. O'Malley ((202) 219-5096 ext. 143) or by E-Mail to 
O'Malley-T[email protected]. Individuals who use a telecommunications 
device for the deaf (TTY/TDD) may call (202) 219-4720 between 1:00 p.m. 
and 4:00 p.m. Eastern time, Monday-Friday.
    Comments should be sent to Office of Information and Regulatory 
Affairs, Attn: OMB Desk Officer for BLS, DM, ESA, ETA, MSHA, OSHA, 
POWBA, or VETS, Office of Management and Budget, Room 10235, 
Washington, DC 20503 ((202) 395-7316), within 30 days from the date of 
this publication in the Federal Register.
    The OMB is particularly interested in comments which:
     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: Pension Welfare Benefits Administration.
    Title: Prohibited Transaction Exemption 80-83.
    OMB Number: 1210-0064 (reinstatement).
    Frequency: On occasion.
    Affected Public: Individuals or households; Business or other for-
profit; Not-for-profit institutions.
    Number of Respondents: 25.
    Estimated Time Per Respondent: 2 minutes.
    Total Burden Hours: 1.
    Total Annualized capital/startup costs. 0.
    Total annual costs (operating/maintaining systems or purchasing 
services): 0.

[[Page 53658]]

    Description: This class exemption exempts from the prohibited 
transaction provisions of ERISA, certain transactions involving an 
employee benefit plan's purchase of securities which may aid the issuer 
of the securities to reduce or retire indebtedness to a party in 
interest.

    Agency: Pension Welfare Benefits Administration.
    Title: Prohibited Transaction Exemption 75-1.
    OMB Number: 1210-0092 (reinstatement).
    Frequency: On Occasion.
    Affected Public: Individuals or households; Business or other for-
profit; Not-for-profit institutions.
    Number of Respondents: 750.
    Estimated Time Per Respondent: .08 seconds.
    Total Burden Hours: 1.
    Total Annualized capital/startup costs: 0.
    Total annual costs (operating/maintaining systems or purchasing 
services): 0.
    Description: This class exemption from the prohibited transaction 
of ERISA permits banks, registered broker-dealers and reporting dealers 
in Government Securities who are parties in interest to engage in 
certain kinds of securities transaction with plans.

    Agency: Pension Welfare Benefits Administration.
    Title: Prohibited Transaction Exemption 88-59.
    OMB Number: 1210-0095 (reinstatement).
    Frequency: On occasion.
    Affected Public: Indivuduals or households; Business or other for-
profit; Not-for-profit institutions.
    Number of Respondents: 185.
    Estimated Time Per Respondent: .32 seconds.
    Total Burden Hours: 1.
    Total Annualized capital/startup costs: 0.
    Total annual costs (operating/maintaining systems or purchasing 
services): 0.
    Description: This class exemption exempts from the prohibited 
transaction provisions of ERISA, certain transactions involving 
residential financing arrangements.
Theresa M. O'Malley,
Departmental Clearance Officer.
[FR Doc. 97-27251 Filed 10-14-97; 8:45 am]
BILLING CODE 4510-29-M