[Federal Register Volume 87, Number 199 (Monday, October 17, 2022)]
[Proposed Rules]
[Pages 62751-62752]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-22243]


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DEPARTMENT OF LABOR

Employee Benefits Security Administration

29 CFR Part 2570

RIN 1210-AC05


Posting of Hearing Transcript Regarding Proposed Amendment to 
Exemption Procedures Regulation and Closing of Reopened Comment Period

AGENCY: Employee Benefits Security Administration, Department of Labor.

ACTION: Announcement of hearing transcript posting and closing of the 
reopened comment period.

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SUMMARY: As discussed in the DATES section below, the Department of 
Labor's Employee Benefits Security Administration (EBSA) is announcing 
that it has posted the transcript of the virtual public hearing 
regarding the proposed amendment to its exemption procedure regulation 
online and determined the closing date for the proposed amendment's 
reopened comment.

DATES: The public hearing transcript was posted to EBSA's website on 
October 6, 2022, and the reopened comment period for the proposed 
amendment will close on October 28, 2022.

FOR FURTHER INFORMATION CONTACT: Contact Brian Shiker, Office of 
Exemption Determinations, EBSA, by phone at (202) 693-8552 (not a toll-
free number) or email [email protected].

SUPPLEMENTARY INFORMATION: On March 15, 2022, the Department published 
in the Federal Register a proposed amendment \1\ (the Rule) that would 
update its existing procedures governing the filing and processing of 
applications for administrative exemptions from the prohibited 
transaction provisions of the Employee Retirement Income Security Act, 
the Internal Revenue Code, and the Federal Employees' Retirement System 
Act. The Department received 29 comment letters on the Rule before the 
public comment period ended on May 29, 2022.
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    \1\ 87 FR 14722.
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    On August 22, 2022, the Department announced in a Federal Register 
notice \2\ that it would hold a virtual public hearing regarding the 
Rule on September 15, 2022 and then reopen the Rule's public comment 
period from the hearing date until approximately 14 days after the 
Department published the hearing transcript on EBSA's website. The 
notice also stated that the Department will publish a Federal Register 
notice that announces it has posted the hearing transcript to EBSA's 
website and when the reopened comment period closes.
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    \2\ 87 FR 51299.
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    The Department held the virtual public hearing on September 15, 
2022, and eight organizations were represented at the hearing. The 
Department reopened the Rule's comment period on the hearing date.
    In accordance with the August 22, 2022 Federal Register notice, the 
Department is hereby providing notice that it posted the hearing 
transcript to EBSA's website on October 6, 2022, and the Rule's 
reopened comment period that began on September 22, 2022 will close on 
October 28, 2022.\3\
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    \3\ The hearing transcript may be accessed at: http://www.dol.gov/agencies/ebsa.
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    The Department encourages all interested parties to submit comments 
on the Rule before the reopened comment period closes. All written 
comments should be identified by RIN 1210-ACO5 and sent to the Office 
of Exemption Determinations through the Federal eRulemaking Portal. 
Federal eRulemaking Portal: https://

[[Page 62752]]

www.regulations.gov at Docket ID number: EBSA-2022-0003. Please follow 
the instructions for submitting comments.
    All comments on Rule and requests to testify at the hearing are 
available to the public without charge online at https://www.regulations.gov, at Docket ID number: EBSA-2022-0003 and https://www.dol.gov/agencies/ebsa. They also are available for public 
inspection in EBSA's Public Disclosure Room, U.S. Department of Labor, 
Room N-1513, 200 Constitution Avenue NW, Washington, DC 20210.

    Signed in Washington, DC, this 6th day of October 2022.
Ali Khawar,
Principal Deputy Assistant Secretary, Employee Benefits Security 
Administration, U.S. Department of Labor.
[FR Doc. 2022-22243 Filed 10-14-22; 8:45 am]
BILLING CODE 4510-29-P