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Federal Register / Vol. 66, No.

12 / Thursday, January 18, 2001 / Notices 4865

included in the request for OMB SUPPLEMENTARY INFORMATION: OMB Number: 1210–0063.
approval of the information collection Affected Public: Individuals or
I. Background households; business or other for-profit;
request; they will also become a matter
of public record. Prohibited Transaction Class not-for-profit institutions
Exemption 92–6 exempts from the Respondents: 76,560.
Dated: January 11, 2001. Frequency of Response: On occasion.
prohibited transaction restrictions of the
Gerald B. Lindrew, Employee Retirement Security Act of Responses: 7,656.
Deputy Director, Office of Policy and 1974 (ERISA) the sale of individual life Estimated Total Burden Hours: 1,276.
Research, Pension and Welfare Benefits insurance or annuity contracts by a plan Estimated Burden Cost (Operating
Administration. to participants, relatives of participants, and Maintenance): $2,833.
[FR Doc. 01–1448 Filed 1–17–01; 8:45 am] employers any of whose employees are Comments submitted in response to
this notice will summarized and/or
BILLING CODE 4510–29–M covered by the plan, other employee
included in the request for OMB
benefit plans, owner-employees or
approval of the information collection
shareholder-employees. In the absence
DEPARTMENT OF LABOR request; they will also become a matter
of this exemption, certain aspects of
of public record.
these transactions might be prohibited
Pension and Welfare Benefits by section 406 of ERISA. Dated: January 11, 2001.
Administration Recordkeeping requirements Gerald B. Lindrew,
incorporated within the class exemption Deputy Director, Office of Policy and
Proposed Extension of Information are intended to protect the interests of Research, Pension and Welfare Benefits
Collection; Comment Request; plan participants and beneficiaries. The Administration.
Prohibited Transaction Exemption 92– disclosure requirements protect plan [FR Doc. 01–1449 Filed 1–17–01; 8:45 am]
6 participants by putting them on notice BILLING CODE 4510–29–M
of the plan’s intention to sell insurance
ACTION: Notice. or annuity contracts under which they
are insured, and by giving the DEPARTMENT OF LABOR
SUMMARY: The Department of Labor, as participants the right of first refusal to
part of its continuing effort to reduce purchase such contracts. Pension and Welfare Benefits
paperwork and respondent burden, Administration
conducts a preclearance consultation II. Desired Focus of Comments
Proposed Extension of Information
program to provide the general public The Department is particularly
Collection; Comment Request;
and Federal agencies with an interested in comments which:
Regulation Regarding Participant
opportunity to comment on proposed • Evaluate whether the proposed
Directed Individual Account Plans
and continuing collections of collection of information is necessary
Under ERISA 404(c)
information in accordance with the for the proper performance of the
Paperwork Reduction Act of 1995 (PRA functions of the agency, including ACTION: Notice.
95) (44 U.S.C. 3506(c)(2)(A)). This helps whether the information will have
to ensure that requested data can be practical utility; SUMMARY: The Department of Labor, as
provided in the desired format, • Evaluate the accuracy of the part of its continuing effort to reduce
reporting burden (time and financial agency’s estimate of the burden of the paperwork and respondent burden,
resources) is minimized, collection proposed collection of information, conducts a preclearance consultation
instruments are clearly understood, and including the validity of the program to provide the general public
the impact of collection requirements on methodology and assumptions used; and Federal agencies with an
respondents can be properly assessed. • Enhance the quality, utility, and opportunity to comment on proposed
clarity of the information to be and continuing collections of
Currently, the Pension and Welfare information in accordance with the
collected; and
Benefits Administration is soliciting
• Minimize the burden of the Paperwork Reduction Act of 1995 (PRA
comments concerning the information 95) (44 U.S.C. 3506(c)(2)(A)). This helps
collection of information on those who
collection request (ICR) incorporated in to ensure that requested data can be
are to respond, including through the
Prohibited Transaction Class Exemption provided in the desired format,
use of appropriate automated,
92–6 (PTCE 92–6), pertaining to the sale reporting burden (time and financial
electronic, mechanical, or other
of individual life insurance or annuity resources) is minimized, collection
technological collection techniques or
contracts by a plan. A copy of the ICR instruments are clearly understood, and
other forms of information technology,
may be obtained by contacting the office the impact of collection requirements on
e.g., permitting electronic submission of
listed in the addresses section of this respondents can be properly assessed.
responses.
notice. Currently, the Pension and Welfare
III. Current Action Benefits Administration is soliciting
DATES:Written comments must be
This notice requests comments on the comments concerning the extension of
submitted to the office shown in the
extension of the ICR included in PTCE the information collection request (ICR)
ADDRESSES section below on or before
92–6. The Department is not proposing incorporated in a regulation pertaining
March 19, 2001. to participant directed individual
or implementing changes to the existing
ADDRESSES: Gerald B. Lindrew, Office of ICR at this time. account plans under section 404(c) of
Policy and Research, U.S. Department of Type of Review: Extension of the Employee Retirement Income
Labor, Pension and Welfare Benefits currently approved collection of Security Act of 1974 (ERISA). A copy of
Administration, 200 Constitution information. the ICR may be obtained by contacting
Avenue, NW., Room N–5647, Agency: Pension and Welfare Benefits the office listed in the addresses section
Washington, DC 20210. Telephone: Administration. of this notice.
(202) 219–4782; Fax: (202) 219–4745. Title: Prohibited Transaction Class DATES: Written comments must be
These are not toll-free numbers. Exemption 92–6. submitted to the office shown in the

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4866 Federal Register / Vol. 66, No. 12 / Thursday, January 18, 2001 / Notices

ADDRESSES section below on or before e.g., permitting electronic submission of Administrator of the National
March 19, 2001. responses. Aeronautics and Space Administration.
ADDRESSES: Gerald B. Lindrew, Office of Written objections to the prospective
III. Current Action
Policy and Research, U.S. Department of grant of a license should be sent to
Labor, Pension and Welfare Benefits This notice requests comments on the Langley Research Center.
Administration, 200 Constitution extension of the ICR included in the DATES: Responses to this notice must be
Avenue, NW, Room N–5647, regulation pertaining to participant received by March 19, 2001.
Washington, D.C. 20210. Telephone: directed individual account plans under
FOR FURTHER INFORMATION CONTACT:
(202) 219–4782; Fax: (202) 219–4745. Section 404(c) of ERISA. The
Helen M. Galus, Patent Attorney,
These are not toll-free numbers. Department is not proposing or
Langley Research Center, Mail Code
implementing changes to the existing
SUPPLEMENTARY INFORMATION: 212, Hampton, VA 23681–2199;
ICR at this time.
telephone (757) 864–3227.
I. Background Type of Review: Extension of a
currently approved collection of Dated: January 9, 2001.
Section 404(c) of ERISA provides that Edward A. Frankle,
if an individual account pension plan information.
permits a participant or beneficiary to Agency: Pension and Welfare Benefits General Counsel.
exercise control over assets in his Administration, Department of Labor. [FR Doc. 01–1472 Filed 1–17–01; 8:45 am]
account and the participant or Title: Regulation Regarding BILLING CODE 7510–01–P

beneficiary in fact exercises such Participant Directed Individual Account


control, that participant or beneficiary Plans (ERISA section 404(c) Plans).
OMB Number: 1210–0090. NUCLEAR REGULATORY
shall not be deemed to be a fiduciary by
Affected Public: Individuals or COMMISSION
such exercise of control, and that no
households; business or other for-profit
person otherwise a fiduciary shall be
institutions. Sunshine Act Meeting
liable for any loss or breach that results
Respondents: 294,800.
from this exercise of control. AGENCY HOLDING THE MEETING: Nuclear
Frequency of Response: On occasion.
The opportunity to exercise control Regulatory Commission.
Responses: 294,800.
includes the opportunity to obtain
Estimated Total Burden Hours: DATE: Weeks of January 15, 22, 29,
sufficient information to make informed
52,900. February 5, 12, 19, 2001.
decisions with respect to investment
Total Burden Cost (Operating and PLACE: Commissioners’ Conference
alternatives. This regulation describes
Maintenance): $23.1 million. Room, 11555 Rockville Pike, Rockville,
the type and extent of information
Comments submitted in response to Maryland.
required to be made available to
this notice will be summarized and/or STATUS: Public and Closed.
participants and beneficiaries for this
included in the request for OMB
purpose. In the absence of such MATTERS TO BE CONSIDERED:
approval of the information collection
disclosures, participants might not be
request; they will also become a matter Week of January 15, 2001
able to make informed decisions about
of public record.
investing their individual accounts, and Wednesday, January 17, 2001
persons who are otherwise fiduciaries Dated: January 11, 2001.
9:25 a.m.—Affirmation Session (Public
with respect to these plans would not be Gerald B. Lindrew,
Meeting) (Tentative), a: Sequoyah
afforded relief from the fiduciary Deputy Director, Office of Policy and
Fuels Corporation (Gore, Oklahoma
responsibility provisions of Title I of Research, Pension and Welfare Benefits
Administration. Site, Decommissioning) Docket No.
ERISA with respect to these
40–8027–MLA–4.
transactions. [FR Doc. 01–1450 Filed 1–17–01; 8:45 am]
9:30 a.m.—Briefing on Status of Nuclear
BILLING CODE 4510–29–M
II. Desired Focus of Comments Reactor Safety (Public Meeting)
(Contact: Mike Case, 301–415–
The Department is particularly
1134).
interested in comments which: NATIONAL AERONAUTICS AND
• Evaluate whether the proposed This meeting will be webcast live at
SPACE ADMINISTRATION
collection of information is necessary the Web address—www.nrc.gov/
for the proper performance of the [Notice 01–006] live.html
functions of the agency, including Week of January 22, 2001—Tentative
Notice of Prospective Patent License
whether the information will have
practical utility; There are no meetings scheduled for
AGENCY: National Aeronautics and
• Evaluate the accuracy of the the Week of January 22, 2001.
Space Administration.
agency’s estimate of the burden of the ACTION: Notice of prospective patent Week of January 29, 2001—Tentative
proposed collection of information, license.
including the validity of the Tuesday, January 30, 2001
methodology and assumptions used; SUMMARY: NASA hereby gives notice 9:30 a.m.—Briefing on Status of Nuclear
• Enhance the quality, utility, and that Nascent Technology Solutions, Waste Safety (Public Meeting)
clarity of the information to be LLC, of Hampton, VA, has applied for (Contact: Claudia Seelig, 301–415–
collected; and an exclusive license to practice the 7243).
• Minimize the burden of the invention disclosed in U.S. Patent No. This meeting will be webcast live at
collection of information on those who 5,393,980 entitled ‘‘QUALITY the Web address—www.nrc.gov/
are to respond, including through the MONITOR AND MONITORING live.html
use of appropriate automated, TECHNIQUE EMPLOYING OPTICALLY
electronic, mechanical, or other STIMULATED ELECTRON EMISSION,’’ Wednesday, January 31, 2001
technological collection techniques or which has been assigned to the United 9:25 a.m.—Affirmation Session (Public
other forms of information technology, States of America as represented by the Meeting) (If needed).

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