[Federal Register Volume 63, Number 13 (Wednesday, January 21, 1998)] [Notices] [Page 3100] From the Federal Register Online via the Government Publishing Office [www.gpo.gov] [FR Doc No: 98-1303] ======================================================================= ----------------------------------------------------------------------- DEPARTMENT OF ENERGY Federal Energy Regulatory Commission Information Collection Submitted for Review and Request for Comments (FERC-523) January 14, 1998. AGENCY: Federal Energy Regulatory Commission. ACTION: Notice of submission for review by the Office of Management and Budget (OMB) and request for comments. ----------------------------------------------------------------------- SUMMARY: The Federal Energy Regulatory Commission (Commission) has submitted the energy information collection listed in this notice to Office of Management and Budget (OMB) for review under provisions of Section 3507 of the Paperwork Reduction Act of 1995 (Pub. L. No. 104- 13). Any interested person may file comments on the collection of information directly with OMB and should address a copy of those comments to the Commission as explained below. The Commission received no comments in response to an earlier Federal Register notice of September 15, 1997 (62 FR 48265) and made a notation in its submission to OMB. DATES: Comments regarding this collection of information are best assured of having their full effect if received within 30 days of this notification. ADDRESSES: Address comments to Office of Management and Budget, Office of Information and Regulatory Affairs, Attention: Federal Energy Regulatory Commission, Desk Officer, 726 Jackson Place, NW., Washington, DC 20503. A copy of the comments should also be sent to Federal Energy Regulatory Commission, Division of Information to Federal Energy Regulatory Commission, Division of Information Services, Attention: Mr. Michael Miller, 888 First Street, NE., Washington, DC 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: Description The energy information collection submitted to OMB for review contains: 1. Collection of Information: FERC-523 ``Application for Authorization of the Issuance of Securities or the Assumption of Liabilities.'' 2. Sponsor: Federal Energy Regulatory Commission. 3. Control No.: OMB No. 1902-0043. The Commission is now requesting that OMB approve a three-year extension of the current expiration date, with no changes to the existing collection. There is no change to the reporting burden. These are mandatory collection requirements. 4. Necessity of Collection of Information: Submission of the information is necessary to enable the Commission to carry out its responsibilities in implementing the provisions of the Federal Power Act (FPA). The information reported under Commission identifier FERC- 523 is filed in accordance with Sections 19, 20, and 204, (FPA). Under the FPA a public utility or licensee must obtain Commission authorization for the issuance of securities or the assumption of liabilities. The information is used by the Commission to make a determination as to whether to accept and/or reject for granting authorization to public utilities or licensees to issue securities or assume an obligation or liability. 5. Respondent Description: The respondent universe currently comprises on average, 60 applicants for an application for authorization of the issuance of securities or the assumption of liabilities. 6. Estimated Burden: 6,600 total burden hours, 60 respondents, 1 response annually, 110 hours per response (average). 7. Estimated Cost Burden to Respondents: 6,600 hours2,088 hours per year x $110,000 per year = $378,928. (Statutory Authority: Sections 19, 20, and 204 of the Federal Power Act (FPA), 16 U.S.C. Sections 812 et seq.) Linwood A. Watson, Jr., Acting Secretary. [FR Doc. 98-1303 Filed 1-20-98; 8:45 am] BILLING CODE 6717-01-M