Federal Register / Vol. 88, No. 217 / Monday, November 13, 2023 / Notices 77653 

2Unless stated otherwise, these estimates are 

based on conversations with the examination and 

inspections staff of the Commission and fund 

representatives. 3Based on our reviews and conversations with 

fund representatives, we understand that funds 

rarely, if ever, need to make changes to these 

policies and procedures once adopted, and 

therefore we do not estimate a paperwork burden 

for such updates. 4This estimate is based on the following 

calculations: (4 hours ×110 new funds = 440 hours); 

($6,045 × 110 = $664,950. 

5These estimates are based on the following 

calculations: (21% = 582 / 2,768); (605 = 582 + 23). 

6Commission staff believes that rule 17a–7 does 

not impose any costs associated with record 

preservation in addition to the costs that funds 

already incur to comply with the record 

preservation requirements of rule 31a–2 under the 

Act. Rule 31a–2 requires companies to preserve 

certain records for specified periods of time. 

7The staff estimates that funds that rely on rule 

17a–7 annually enter into an average of 8 rule 17a– 

7 transactions each year. The staff estimates that the 

compliance attorneys of the companies spend 

approximately 15 minutes per transaction on this 

recordkeeping, and the board of directors spends a 

total of 1 hour annually in determining that all 

transactions made that year were done in 

compliance with the company’s policies and 

procedures. This estimate is based on the following 

calculations: (2 hours × $425 = $850); ($850 + 

$4,770 = $5,620). 

8This estimate is based on the following 

calculation: (3 hours × 605 companies = 1,815 

hours); ($5,620 × 605 companies = $3,400,100). 

9This estimate is based on the following 

calculation: (440 hours + 1,815 hours = 2,255 total 

hours); ($664,950 + $3,400,100 = $4,065,050). 

10This estimate is based on the following 

calculations: 605 funds that engage in rule 17a–7 

transactions × 8 transactions per year = 4,840. 

examination staff uses these records to 

evaluate for compliance with the rule. 

While most funds do not commonly 

engage in transactions covered by rule 

17a–7, the Commission staff estimates 

that nearly all funds have adopted 

procedures for complying with the 

rule.2 Of the approximately 2,768 

currently active funds, the staff 

estimates that virtually all have already 

adopted procedures for compliance with 

rule 17a–7. This is a one-time burden, 

and the staff therefore does not estimate 

an ongoing burden related to the 

policies and procedures requirement of 

the rule for funds.3 The staff estimates 

that there are approximately 110new 

funds that register each year, and that 

each of these funds adopts the relevant 

policies and procedures. The staff 

estimates that it takes approximately 4 

hours to develop and adopt these 

policies and procedures. Therefore, the 

total annual burden related to 

developing and adopting these policies 

and procedures would be approximately 

360 hours.4

Of the 2,768 existing funds, the staff 

assumes that approximately 21%, (or 

582) enter into transactions affected by 

rule 17a–7 each year (either by the fund 

directly or through one of the fund’s 

series), and that the same percentage 

(21%, or 23 funds) of the estimated 110 

funds that newly register each year will 

also enter into these transactions, for a 

total of 605 5 companies that are affected 

by the recordkeeping requirements of 

rule 17a–7. These funds must keep 

records of each of these transactions, 

and the board of directors must 

quarterly determine that all relevant 

transactions were made in compliance 

with the company’s policies and 

procedures. The rule generally imposes 

a minimal burden of collecting and 

storing records already generated for 

other purposes.6 The staff estimates that 

the burden related to making these 

records and for the board to review all 

transactions would be 3 hours annually 

for each respondent, (2 hours spent by 

compliance attorneys and 1 hour spent 

by the board of directors) 7 or 1,815 total 

hours each year at cost of $3,400,100.8

Based on these estimates, the staff 

estimates the combined total annual 

burden hours associated with rule 17a– 

7 is 2,225 hours at a cost of $4,065,050.9

The staff also estimates that there are 

approximately 605 respondents and 

4,840 total responses.10

The estimate of average burden hours 

is made solely for the purposes of the 

Paperwork Reduction Act, and are not 

derived from a comprehensive or even 

a representative survey or study of the 

costs of Commission rules. The 

collection of information required by 

rule 17a–7 is necessary to obtain the 

benefits of the rule. Responses will not 

be kept confidential. An agency may not 

conduct or sponsor, and a person is not 

required to respond to, a collection of 

information unless it displays a 

currently valid control number. 

The public may view background 

documentation for this information 

collection at the following website: 

www.reginfo.gov. Find this particular 

information collection by selecting 

‘‘Currently under 30-day Review—Open 

for Public Comments’’ or by using the 

search function. Written comments and 

recommendations for the proposed 

information collection should be sent 

within 30 days of publication of this 

notice by December 13, 2023 to (i) 

MBX.OMB.OIRA.SEC_desk_officer@

omb.eop.gov and (ii) David Bottom, 

Director/Chief Information Officer, 

Securities and Exchange Commission, c/ 

o John Pezzullo, 100 F Street NE, 

Washington, DC 20549, or by sending an 

email to: PRA_Mailbox@sec.gov. 

Dated: November 7, 2023. 

Sherry R. Haywood, 

Assistant Secretary. 

[FR Doc. 2023–24954 Filed 11–9–23; 8:45 am] 

BILLING CODE 8011–01–P 

SMALL BUSINESS ADMINISTRATION 

[Disaster Declaration #20078; CALIFORNIA 

Disaster Number CA–20001 Declaration of 

Economic Injury] 

Administrative Declaration of an 

Economic Injury Disaster for the State 

of California 

AGENCY: U.S. Small Business 

Administration. 

ACTION: Notice. 

SUMMARY: This is a notice of an 

Economic Injury Disaster Loan (EIDL) 

declaration for the State of California 

dated 11/06/2023. 

Incident: Smith River Complex Fire. 

Incident Period: 08/15/2023 and 

continuing. 

DATES: Issued on 11/06/2023. 

Economic Injury (EIDL) Loan 

Application Deadline Date: 08/06/2024. 

ADDRESSES: Visit the MySBA Loan 

Portal at https://lending.sba.gov to 

apply for a disaster assistance loan. 

FOR FURTHER INFORMATION CONTACT: 

Alan Escobar, Office of Disaster 

Recovery & Resilience, U.S. Small 

Business Administration, 409 3rd Street 

SW, Suite 6050, Washington, DC 20416, 

(202) 205–6734. 

SUPPLEMENTARY INFORMATION: Notice is 

hereby given that as a result of the 

Administrator’s EIDL declaration, 

applications for disaster loans may be 

submitted online using the MySBA 

Loan Portal https://lending.sba.gov or 

other locally announced locations. 

Please contact the SBA disaster 

assistance customer service center by 

email at disastercustomerservice@

sba.gov or by phone at 1–800–659–2955 

for further assistance. 

The following areas have been 

determined to be adversely affected by 

the disaster: 

Primary Counties: Del Norte. 

Contiguous Counties: 

California: Humboldt, Siskiyou. 

Oregon: Josephine, Curry 

The Interest Rates are: 

Percent 

Business and Small Agricultural 

Cooperatives Without Credit 

Available Elsewhere .................. 4.000 

Non-Profit Organizations Without 

Credit Available Elsewhere ....... 2.375 

The number assigned to this disaster 

for economic injury is 200780. 

The States which received an EIDL 

Declaration are California, Oregon. 


khammond on DSKJM1Z7X2PROD with NOTICES
77654 Federal Register / Vol. 88, No. 217 / Monday, November 13, 2023 / Notices 

(Catalog of Federal Domestic Assistance 

Number 59008) 

Isabella Guzman, 

Administrator. 

[FR Doc. 2023–24902 Filed 11–9–23; 8:45 am] 

BILLING CODE 8026–09–P 

SMALL BUSINESS ADMINISTRATION 

[Disaster Declaration #20075; Maine 

Disaster Number ME–20000 Declaration of 

Economic Injury] 

Administrative Declaration of an 

Economic Injury Disaster for the State 

of Maine 

AGENCY: U.S. Small Business 

Administration. 

ACTION: Notice. 

SUMMARY: This is a notice of an 

Economic Injury Disaster Loan (EIDL) 

declaration for the State of Maine dated 

11/06/2023. 

Incident: Mass Shooting in Lewiston, 

Maine and Related Investigation. 

Incident Period: 10/25/2023 through 

10/27/2023. 

DATES: Issued on 11/06/2023. 

Economic Injury (EIDL) Loan 

Application Deadline Date: 08/06/2024. 

ADDRESSES: Visit the MySBA Loan 

Portal at https://lending.sba.gov to 

apply for a disaster assistance loan. 

FOR FURTHER INFORMATION CONTACT: 

Alan Escobar, Office of Disaster 

Recovery & Resilience, U.S. Small 

Business Administration, 409 3rd Street 

SW, Suite 6050, Washington, DC 20416, 

(202) 205–6734. 

SUPPLEMENTARY INFORMATION: Notice is 

hereby given that as a result of the 

Administrator’s EIDL declaration, 

applications for disaster loans may be 

submitted online using the MySBA 

Loan Portal https://lending.sba.gov or 

other locally announced locations. 

Please contact the SBA disaster 

assistance customer service center by 

email at disastercustomerservice@

sba.gov or by phone at 1–800–659–2955 

for further assistance. 

The following areas have been 

determined to be adversely affected by 

the disaster: 

Primary Counties: Androscoggin. 

Contiguous Counties: 

Maine: Cumberland, Franklin, 

Kennebec, Oxford, Sagadahoc. 

The Interest Rates are: 

Percent 

Business and Small Agricultural 

Cooperatives without Credit 

Available Elsewhere .............. 4.000 

Percent 

Non-Profit Organizations without Credit Available Elsewhere ..................................... 2.375 

The number assigned to this disaster 

for economic injury is 200750. 

The State which received an EIDL 

Declaration is Maine. 

(Catalog of Federal Domestic Assistance 

Number 59008) 

Isabella Guzman, 

Administrator. 

[FR Doc. 2023–24897 Filed 11–9–23; 8:45 am] 

BILLING CODE 8026–09–P 

DEPARTMENT OF STATE 

[Public Notice: 12214] 

30-Day Notice of Proposed Information 

Collection: Statement of Consent: U.S. 

Passport Issuance to a Child 

ACTION: Notice of request for public 

comment and submission to OMB of 

proposed collection of information. 

SUMMARY: The Department of State has 

submitted the information collection 

described below to the Office of 

Management and Budget (OMB) for 

approval. In accordance with the 

Paperwork Reduction Act of 1995 we 

are requesting comments on this 

collection from all interested 

individuals and organizations. The 

purpose of this Notice is to allow 30 

days for public comment. 

DATES: Submit comments up to 

December 13, 2023. 

ADDRESSES: Written comments and 

recommendations for the proposed 

information collection should be sent 

within 30 days of publication of this 

notice to www.reginfo.gov/public/do/ 

PRAMain. Find this particular 

information collection by selecting 

‘‘Currently under 30-day Review—Open 

for Public Comments’’ or by using the 

search function. 

SUPPLEMENTARY INFORMATION: 

• Title of Information Collection: 

Statement of Consent: U.S. Passport 

Issuance to a Child. 

• OMB Control Number: 1405–0129. 

• Type of Request: Revision of a 

Currently Approved Collection. 

• Originating Office: Bureau of 

Consular Affairs, Passport Services (CA/ 

PPT). 

• Form Number: DS–3053. 

• Respondents: Individuals. 

• Estimated Number of Respondents: 

362,900. 

• Estimated Number of Responses: 

362,900. 

• Average Time per Response: 20 

minutes. 

• Total Estimated Burden Time: 

121,000 hours. 

• Frequency: On occasion. 

• Obligation to Respond: Required to 

Obtain or Retain a Benefit. 

We are soliciting public comments to 

permit the Department to: 

• Evaluate whether the proposed 

information collection is necessary for 

the proper functions of the Department. 

• Evaluate the accuracy of our 

estimate of the time and cost burden for 

this proposed collection, including the 

validity of the methodology and 

assumptions used. 

• Enhance the quality, utility, and 

clarity of the information to be 

collected. 

• Minimize the reporting burden on 

those who are to respond, including the 

use of automated collection techniques 

or other forms of information 

technology. 

Please note that comments submitted 

in response to this Notice are public 

record. Before including any detailed 

personal information, you should be 

aware that your comments as submitted, 

including your personal information, 

will be available for public review. 

Abstract of Proposed Collection 

The information collected on the DS– 

3053 is used to facilitate the issuance of 

passports to U.S. citizens and nationals 

under age 18. The primary purpose of 

soliciting the information is to ensure 

that parents and/or guardians consent to 

the issuance of a passport to a child 

when required by 22 CFR 51.28. 

Methodology 

The Department collects information 

from the parents or legal guardians of 

U.S. national children when they 

complete and submit the DS–3053. 

Passport applicants can obtain the form 

from an acceptance facility/passport 

agency, manually sign it, and then have 

it notarized. Alternatively, applicants 

can download the form on the 

Department’s website, fill it out 

electronically, and then print it for 

manual signature and notarization. The 

form must be completed, manually 

signed, notarized, and submitted along 

with the applicant’s DS–11, Application 

for a U.S. Passport. 

Matthew D. Pierce, 

Managing Director for Passport Support 

Operations, Bureau of Consular Affairs, 

Passport Services, Department of State. 

[FR Doc. 2023–24871 Filed 11–9–23; 8:45 am] 

BILLING CODE 4710–05–P 


khammond on DSKJM1Z7X2PROD with NOTICES