57210 Federal Register / Vol. 65, No. 184 / Thursday, September 21, 2000 / Notices

II. Review Focus

The Department of Labor is

particularly interested in comments

which:

• Evaluate whether the proposed

collection of information is necessary

for the proper performance of the

functions of the agency, including

whether the information will have

practical utility;

• Evaluate the accuracy of the

agency’s estimate of the burden of the

proposed collection of information,

including the validity of the

methodology and assumptions used;

• Enhance the quality, utility, and

clarity of the information to be

collected; and

• Minimize the burden of the

collection of information on those who

are to respond, including through the

use of appropriate automated,

electronic, mechanical, or other

technological collection techniques or

other forms of information technology,

e.g., permitting electronic submissions

of responses.

III. Current Actions

The proposed collection of

information must be approved so that

the Department can effectively manage

and evaluate the WIA Indian and Native

American Programs authorized under

Title I of the Act in compliance with the

requirements set forth in Public Law

105–220 and 20 CFR part 652 et al.,

Workforce Investment Act; Final Rules,

dates August 11, 2000.

Type of Review: New.

Agency: Employment and Training

Administration.

Title: Workforce Investment Act

(WIA), Employment and Training

Administration, Financial Reporting

Requirements for Indian and Native

American Programs Grantee Activities.

OMB Number: 1205–0NEW.

Agency Numbers: ETA 9080.

Frequency: Quarterly.

Affected Public: Federally-recognized

Indian tribes, bands, and groups; Alaska

Native entities; Hawaiian Native

entities; private non-profit Indiancontrolled organizations; State Indian

Commissions or Councils (Native

American Controlled); consortia of any

and/or all of the above.

Reporting Burden: See the following

Reporting Burden Table for INA

grantees to report requested WIA

financial date electronically on format

ETA 9080.

DOL—ETA REPORTING BURDEN FOR WIA TITLE I—INA GRANTEES

Requirements PY 1999 PY 2000 PY 2001 PY 2002

Number of Reports Per Entity Per Quarter ..................................................................................... 3 3 3 3

Total Number of Reports Per Entity Per Year ................................................................................ 12 12 12 12

Number of Hours Required Per Report ........................................................................................... 1 111

Total Number of Hours Required for Reporting Per Entity Per Year .............................................. 12 12 12 12

Number of Entities Reporting .......................................................................................................... 150 150 150 150

Total Number of Hours Required for Reporting Burden Per Year .................................................. 1800 1800 1800 1800

Total Burden Cost @ $25.00 per hour * ................................................................................... $45,000 $45,000 $45,000 $45,000

* $25.00 per hour is based on a GS 12 Step 1 salary.

Note: Number of reports required per entity

per quarter/per year is impacted by the 3 year

life of each year of appropriated funds, i.e.,

PY 1997 and 1998 funds are available for

expenditure in PY 1999, thus 3 reports reflect

3 available funding years.

Comments submitted in response to

this comment request will be

summarized and/or included in the

request for Office of Management and

Budget approval of the information

collection request; they will also

become a matter of public record.

Dated: September 14, 2000.

Bryant T. Keilty,

Director, Office of Financial and

Administrative Management.

[FR Doc. 00–24258 Filed 9–20–00; 8:45 am]

BILLING CODE 4510–30–M

NUCLEAR REGULATORY

COMMISSION

Sunshine Act Meeting

Agency Holding the Meeting: Nuclear

Regulatory Commission.

Date: Weeks of September 18, 25,

October 2, 9, 16, and 23, 2000.

Place: Commissioner’s Conference

Room, 11555 Rockville Pike, Rockville,

Maryland.

Status: Public and Closed.

Matters To Be Considered

Week of September 18

There are no meetings scheduled for the

Week of September 18.

Week of September 25—Tentative

Friday, September 29

9:25 a.m. Affirmation Session (Public

Meeting) (If needed)

9:30 a.m. Briefing on Risk-Informing

Special Treatment Requirements (Public

Meeting) (Contact: Tim Reed, 301–415–

1462)

This meeting will be webcast live at the

Web address—www.nrc.gov/live.html.

1:30 p.m. Briefing on Threat Environment

Assessment (Closed-Ex. 1)

Week of October 2—Tentative

Friday, October 6

9:25 a.m. Affirmation Session (Public

Meeting) (If needed)

9:30 a.m. Meeting with ACRS (Public

Meeting) (Contact: John Larkins, 301–

415–7360)

Week of October 9—Tentative

There are no meetings scheduled for the

Week of October 9.

Week of October 16—Tentative

Tuesday, October 17

9:25 a.m. Affirmation Session (Public

Meeting) (If needed)

Week of October 23—Tentative

Monday, October 23

1:55 p.m. Affirmation Session (Public

Meeting) (If needed)

*The schedule for Commission meetings is

subject to change on short notice. To verify

the status of meetings call (recording)—(301)

415–1292. Contact person for more

information: Bill Hill (301) 415–1661.

* * * * *

Note: ‘‘Final Rules—10 CFR Part 35,

‘Medical Use of Byproduct Material’ and 10

CFR Part 20, ‘Standards for Protection

Against Radiation’ ’’ were not affirmed on

Wednesday, September 13, as previously

scheduled. They will be rescheduled for

affirmation at a later date.

* * * * *

Additional Information

By a vote of 5–0 on September 13, the

Commission determined pursuant to U.S.C.

552b(e) and § 9.107(a) of the Commission’s

rules that ‘‘Affirmation of Final Rule:

‘Adjustment of Civil Monetary Penalties’;

Proposed Revision to the Enforcement Policy

to Conform to the Final Rule Adjusting Civil

Monetary Penalties and Minor

Administrative Changes to Parts 1 and 13’’ be

held on September 13, and on less than one

week’s notice to the public.

By a vote of 5–0 on September 13, the

Commission determined pursuant to U.S.C.

552b(e) and § 9.107(a) of the Commission’s

rules that ‘‘Affirmation of NORTHEAST

Federal Register / Vol. 65, No. 184 / Thursday, September 21, 2000 / Notices 57211

1Section 2(a)(9) defines ‘‘control’’ as the power to

exercise a controlling influence over the

management or policies of a company. That section

creates a presumption that an owner of more than

25% of the outstanding voting securities of a

company controls the company. The terms

‘‘Controlled Companies’’ and ‘‘Network

Companies’’ do not include companies that are

investment companies or are relying on section

3(c)(1) or 3(c)(7) of the Act.

NUCLEAR ENERGY CO. Indirect License

Transfer of Millstone Licenses; Petition to

Intervene’’ be held on September 13, and on

less than one week’s notice to the public.

By a vote of 5–0 on September 13, the

Commission determined pursuant to U.S.C.

552b(e) and § 9.107(a) of the Commission’s

rules that ‘‘Affirmation of NORTHERN

STATES POWER COMPANY (Monticello

Nuclear Generating Plant; Prairie Island

Nuclear Generating Plant, Units 1 and 2; and

Prairie Island Independent Spent Fuel

Storage Installation); Docket Nos. 50–263–LT,

50–282–LT, 50–306–LT, and 70–10–LT;

Petitioners’ Aug. 15, 2000 Motion for

Reconsideration of CLI–00–14 (issued Aug. 1,

2000).’’ be held on September 13, and on less

than one week’s notice to the public.

* * * * *

The NRC Commission Meeting Schedule

can be found on the Internet at:

http://www.nrc.gov/SECY/smj/schedule.htm

* * * * *

This notice is distributed by mail to several

hundred subscribers; if you no longer wish

to receive it, or would like to be added to it,

please contact the Office of the Secretary,

Attn: Operations Branch, Washington, D.C.

20555 (301–415–1661). In addition,

distribution of this meeting notice over the

Internet system is available. If you are

interested in receiving this Commission

meeting schedule electronically, please send

an electronic message to wmh@nrc.gov or

dkw@nrc.gov.

Dated: September 15, 2000.

William M. Hill, Jr.,

SECY Tracking Officer, Office of the

Secretary.

[FR Doc. 00–24362 Filed 9–18–00; 5:07 pm]

BILLING CODE 7590–01–M

SECURITIES AND EXCHANGE

COMMISSION

[Release No. IC–2462; 812–11962]

Bill Gross’ idealab!; Notice of

Application

September 15, 2000.

AGENCY: Securities and Exchange

Commission (‘‘Commission’’).

ACTION: Temporary order and notice of

application for an order under section

3(b)(2) of the Investment Company Act

of 1940 (the ‘‘Act’’).

SUMMARY: Applicant Bill Gross’ idealab!

(‘‘idealab!’’) seeks an order under

section 3(b)(2) of the Act declaring it to

be primarily engaged in a business other

than that of investing, reinvesting,

owning, holding or trading in securities.

Applicant creates, launches, and

operates a network of interactive

communications businesses. Applicant

also has received a temporary order

issued pursuant to section 3(b)(2) of the

Act exempting idealab! from all

provisions of the Act until the

Commission takes final action on the

application or until October 24, 2000, if

earlier. Previously, on March 28, 2000

and July 26, 2000, temporary orders

were issued pursuant to section 3(b)(2)

of the Act exempting applicant from all

provisions of the Act until September

25, 2000.

Filing Dates: The application was

filed on January 28, 2000, and amended

on March 14, 2000 and July 19, 2000.

Hearing or Notification of Hearing: An

order granting the application will be

issued unless the Commission orders a

hearing. Interested persons may request

a hearing by writing to the

Commission’s Secretary and serving

applicant with a copy of the request,

personally or by mail. Hearing requests

should be received by the Commission

by 5:30 p.m. on October 6, 2000 and

should be accompanied by proof of

service on the applicant, in the form of

an affidavit, or, for lawyers, a certificate

of service. Hearing requests should state

the nature of the writer’s interest, the

reason for the request, and the issues

contested. Persons may request

notification of a hearing by writing to

the Commission’s Secretary.

ADDRESSES: Secretary, Securities and

Exchange Commission, 450 Fifth Street,

N.W., Washington, D.C. 20549–0609;

Applicant, 130 West Union Street,

Pasadena, CA 91103.

FOR FURTHER INFORMATION CONTACT:

Janet M. Grossnickle, Branch Chief, or

Nadya B. Roytblat, Assistant Director, at

(202) 942–0564 (Office of Investment

Company Regulation, Division of

Investment Management).

SUPPLEMENTARY INFORMATION: The

following is a summary of the

application. The complete application is

available for a fee from the

Commission’s Public Reference Branch,

450 Fifth Street, N.W., Washington, D.C.

20549–0102 (tel. 202–942–8090).

Applicant’s Representations

1. Idealab!, a California corporation,

was founded in 1996 by Bill Gross, its

Chairman, Idealab! states that it was

formed for the purpose of utilizing realtime interactive communications to

satisfy market demand for goods and

services through a network of

companies (‘‘Network Companies’’).

Idealab! represents that it is not in the

business of investing, reinvesting or

trading in securities.

2. Idealab!’s Network Companies fall

into two categories: (i) Interactive

communications infrastructure and

services, and (ii) Internet commerce and

content. As of March 1, 2000, Idealab!’s

network of interactive communications

businesses consisted of 45 Network

Companies, 28 of which were majorityowned subsidiaries of idealab! or

companies which idealab! controlled

within the meaning of section 2(a)(9) of

the Act (majority-owned and controlled

subsidiaries of idealab!, collectively,

‘‘Controlled Companies’’).1 Idealab!

states that it also holds non-controlling

interests in 17 other operating

companies and 3 companies that make

investments in interactive

communications companies.

3. Idealab! states that it has structured

its business operations by creating a

network of interactive communications

businesses, with each product or service

provided by a separate company, rather

than operating as one large company.

Idealab! further states that its goal has

been to retain 50-70% of the equity in

each Network Company it created, but

its interests in some have been diluted

by strategic investors and, on occasion,

by other investors when idealab! was

unable to participate in successive

rounds of financing. Although idealab!

anticipates that it will continue to build

important business relationships by

permitting strategic investors to acquire

equity stakes in some of its Controlled

Companies, idealab! believes it will be

able to maintain a 25% or greater equity

interest in its current and future

Controlled Companies.

4. Idealab! represents that it does not

provide capital to the Network

Companies with a view to profit from

the sale of securities, but has been

building a network of synergistic

interactive communications businesses

that it intends to control and operate for

the long term. As idealab! builds its

network of companies, idealab! expects

that it might have a need to sell its

interest in certain companies that no

longer fit or contribute to the network.

Idealab! does not contemplate selling

interests in Network Companies in the

ordinary course of business.

Additionally, idealab! intends to acquire

more equity in certain of its Controlled

Companies and expects to retain

controlling interests in many of the

Network Companies while creating and

capitalizing more Controlled

Companies. Idealab! represents that all

of the Controlled Companies are

currently ‘‘controlled primarily’’ by

idealab! within the meaning of rule 3a–

1 under the Act, and that all or