[Federal Register Volume 67, Number 218 (Tuesday, November 12, 2002)]
[Notices]
[Pages 68583-68584]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 02-28583]


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DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission

[Docket No. IC02-520-001, FERC-520]


Commission Information Collection Activities, Proposed 
Collection; Comment Request; Submitted for OMB Review

November 4, 2002.
AGENCY: Federal Energy Regulatory Commission.

ACTION: Notice.

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SUMMARY: In compliance with the requirements of Section 3507 of the 
Paperwork Reduction Act of 1995, 44 U.S.C. 3507, the Federal Energy 
Regulatory Commission (Commission) has submitted the information 
collection described below to the Office of Management and Budget (OMB) 
for review and extension of the current expiration date. Any interested 
person may file comments 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 August 16, 2002 (67 FR 54410-54412) and has noted this fact in its 
submission to OMB.

DATES: Comments on the collection of information are due by December 3, 
2002.

ADDRESSES: Address comments on the collection of information to the 
Office of Management and Budget, Office of Information and Regulatory 
Affairs, Attention: Federal Energy Regulatory Commission Desk Officer, 
725 17th Street, NW., Washington, DC 20503. The Desk Officer may be 
reached by telephone at 202-395-7856. A copy of the comments should 
also be sent to the Federal Energy Regulatory Commission, Office of the 
Chief Information Officer, CI-1, Attention: Michael Miller, 888 First 
Street NE., Washington, DC 20426. Comments may be filed either in paper 
format or electronically. Those persons filing electronically do not 
need to make a paper filing. For paper filings, such

[[Page 68584]]

comments should be submitted to the Office of the Secretary, Federal 
Energy Regulatory Commission, 888 First Street, NE. Washington, DC 
20426 and refer to Docket No. IC02-520-001.
    Documents filed electronically via the Internet must be prepared in 
WordPerfect, MS Word, Portable Document Format, or ASCII format. To 
file the document, access the Commission's Web site at http://www.ferc.gov and click on ``Make an E-filing,'' and then follow the 
instructions for each screen. First time users will have to establish a 
user name and password. The Commission will send an automatic 
acknowledgment to the sender's E-mail address upon receipt of comments. 
User assistance for electronic filings is available at 202-208-0258 or 
by e-mail to [email protected]. Comments should not be submitted to 
the e-mail address.
    All comments may be viewed, printed or downloaded remotely via the 
Internet through FERC's homepage using the FERRIS link. User assistance 
for FERRIS is available at 202-502-8222, or by e-mail to 
[email protected].

FOR FURTHER INFORMATION CONTACT: Michael Miller may be reached by 
telephone at (202) 502-8415, by fax at (202)208-2425, and by e-mail at 
[email protected].

SUPPLEMENTARY INFORMATION:

Description

    The information collected and submitted for OMB review contains:
    1. Collection of Information: FERC-520 ``Application for Authority 
to Hold Interlocking Directorate Positions''.
    2. Sponsor: Federal Energy Regulatory Commission.
    3. Control No. 1902-0083.
    The Commission is now requesting that OMB approve a three-year 
extension of the current expiration date, with no changes to the 
existing collection. This is a mandatory information collection 
requirement and the Commission does not consider the information to be 
confidential.
    4. Necessity of the Collection of Information: Submission of the 
information is necessary to enable the Commission to carry out its 
responsibilities in implementing the statutory provisions of the 
Federal Power Act (FPA.), Section 305(b), 16 U.S.C. 825(d), and 825(j). 
Section 305(b) makes the holding of certain defined interlocking 
corporate positions unlawful, unless the Commission has authorized the 
interlocks to be held. The information submitted by the applicant to 
show in a form and manner as prescribed by the Commission, that neither 
public nor private interests will be adversely affected by the holding 
of the position. The Commission implements these filing requirements in 
the Code of Federal Regulations (CFR) under 18 CFR part 45.
    Under part 45 each person that desires to hold an interlocking 
position (Interlocking Directorates are defined as a number of 
separately organized and functioning corporations managed by the same 
or nearly the same group of directors) must submit an application to 
the Commission for authorization, or if qualified, comply with the 
requirements for automatic authorization. The information required 
under Part 45 generally identifies the applicant, describes the various 
interlocking positions the applicant seeks authorization to hold, 
provides information on the applicant's financial interests, other 
officers and directors of the firms involves, and the nature of the 
business relationships among the firms.
    The Commission uses the information as part of its interlocking 
directorate oversight and enforcement responsibilities in accordance 
with the FPA and with FERC's regulations as referenced above. Without 
this information, the FERC would be unable to examine and approve or 
deny interlocking directorates of public utility officers and 
directors. The FERC may employ enforcement proceedings when violations 
occur.
    5. Respondent Description: The respondent universe currently 
comprises (on average) 28 entities subject to the Commission's 
jurisdiction.
    6. Estimated Burden: 1,450 total hours, 28. respondents(average), 1 
response per respondent annually, 51.8 hours per response (average).
    7. Estimated Cost Burden to respondents: $81,591 (28 respondents x 
$117,041 2080). The cost per respondent = $2,914 (rounded off).

    Statutory Authority: Sections 305 of the Federal Power Act, 16 
U.S.C. 825(d).

Linwood A. Watson, Jr.,
Deputy Secretary.
[FR Doc. 02-28583 Filed 11-8-02; 8:45 am]
BILLING CODE 6717-01-P