4596 Federal Register / Vol. 80, No. 18 / Wednesday, January 28, 2015 / Notices 

IV. Sequestration Order 

As shown on the scorecards, the 

budgetary effects of PAYGO legislation 

enacted in the second session of the 

113th Congress, combined with the 

balances left on the scorecard from 

previous sessions of the Congress, 

resulted in net savings on both the 5- 

year and the 10-year scorecard in the 

budget year, which is 2015 for the 

purposes of this Report. Because the 

costs for the budget year, as shown on 

the scorecards, do not exceed savings 

for the budget year, there is no ‘‘debit’’ 

on either scorecard under section 3 of 

the PAYGO Act, 2 U.S.C. 932, and there 

is no need for a sequestration order. 

The savings shown on the scorecards 

for 2015 will be removed from the 

scorecards that are used to record the 

budgetary effects of PAYGO legislation 

enacted in the first session of the 114th 

Congress. The totals shown in 2016 

through 2024 will remain on the 

scorecards and will be used in 

determining whether a sequestration 

order will be necessary in the future. All 

of the years of the 5-year and 10-year 

scorecards that will carry over into the 

first session of the 114th Congress will 

show balances of savings except for the 

year 2016 on the 5-year scorecard, 

which will show costs of $440 million. 

Because 2016 will be the budget year in 

the first session of the 114th Congress, 

if the costs in that year on the 5-year 

scorecard are not offset by savings from 

PAYGO legislation enacted during the 

session, the PAYGO Act would require 

a sequestration order to be issued 14 

days after the end of the session. 

[FR Doc. 2015–01528 Filed 1–27–15; 8:45 am] 

BILLING CODE P 

NATIONAL SCIENCE FOUNDATION 

Sunshine Act Meetings; National 

Science Board 

The National Science Board, pursuant 

to NSF regulations (45 CFR part 614), 

the National Science Foundation Act, as 

amended (42 U.S.C. 1862n–5), and the 

Government in the Sunshine Act (5 

U.S.C. 552b), hereby gives notice of the 

scheduling of meetings for the 

transaction of National Science Board 

business, as follows: 

DATE AND TIME: February 3, 2015 from 8 

a.m. to 5 p.m. and February 4, 2015 

from 8:30 a.m. to 3 p.m. (EST). 

PLACE: These meetings will be held at 

the National Science Foundation, 4201 

Wilson Blvd., Rooms 1235, Arlington, 

VA 22230. All visitors must contact the 

Board Office (call 703–292–7000 or send 

an email message to nationalscience

brd@nsf.gov) at least 24 hours prior to 

the meeting and provide name and 

organizational affiliation. Visitors must 

report to the NSF visitor desk located in 

the lobby at the 9th and N. Stuart Streets 

entrance to receive a visitor’s badge. 

WEBCAST INFORMATION: Public meetings 

and public portions of meetings will be 

webcast. To view the meetings, go to 

http://www.tvworldwide.com/events/

nsf/150203/ and follow the instructions. 

UPDATES: Please refer to the National 

Science Board Web site for additional 

information. Meeting information and 

schedule updates (time, place, subject 

matter or status of meeting) may be 

found at http://www.nsf.gov/nsb/

notices/. 

AGENCY CONTACT: Jennie L. Moehlmann, 

jmoehlma@nsf.gov, (703) 292–7000. 

PUBLIC AFFAIRS CONTACT: Nadine Lymn, 

nlymn@nsf.gov, (703) 292–2490. 

STATUS: Portions open; portions closed. 

OPEN SESSIONS: 

February 3, 2015 

8–8:05 a.m. (Chairman’s introduction) 

8:05–8:50 a.m. (joint CPP/CSB) 

8:50–10:45 a.m. (CPP) 

1:45–3 p.m. (CEH) 

3–3:30 p.m. (CSB) 

4:15–5 p.m. (AO) 

February 4, 2015 

9:15–10 a.m. (SEI) 

1:15–3 p.m. (Plenary) 

CLOSED SESSIONS: 

February 3, 2015 

11–11:30 a.m. (SCF) 

11:30 a.m.–12:30 p.m. (CPP) 

3:45–4:15 p.m. (CSB) 

February 4, 2015 

8:30–9:15 a.m. (AO) 

10:15–10:45 a.m. (Plenary executive) 

10:45–11:45 a.m. (Plenary) 

MATTERS TO BE DISCUSSED: 

Tuesday, February 3, 2015 

Joint Meeting—Committee on Programs 

and Plans (CPP) and Committee on 

Strategy and Budget (CSB) 

Open Session: 8:05–8:50 a.m. 

• Committee Chairs’ remarks 

• Discussion of the NSF Annual Facility 

Plan 

Committee on Programs and Plans 

(CPP) 

Open Session: 8:50–10:45 a.m. 

• Approval of open minutes of the 

November 2014 meeting 

• Committee Chairman’s remarks 

• Information item: National Ecological 

Observatory Network (NEON) 

• Information Item: Gemini Observatory 

• Information Item: National Optical 

Astronomy Observatory (NOAO) 

• Information Item: Radio Astronomy 

Facilities—National Radio Astronomy 

Observatory (NRAO) and Atacama 

Large Millimeter Array (ALMA) 

• Information Item: Update on Blue 

Waters and strategic planning for high 

performance computing 

CSB Subcommittee on Facilities (SCF) 

Closed Session: 11–11:30 a.m. 

• Committee Chairman’s remarks 

• Approval of the November meeting 

minutes 

• Discussion of the Annual Portfolio 

Review (APR) 

Committee on Programs and Plans 

(CPP) 

Closed Session: 11:30 a.m.–12:30 p.m. 

• Approval of closed CPP minutes for 

November 2014 

• Committee Chairman’s remarks 

• Information Item: Regional Class 

Research Vessel (RCRV) 

• Information Item: National High 

Magnetic Field Laboratory (NHMFL) 

Committee on Education and Human 

Resources (CEH) 

Open Session: 1:45–3 p.m. 

• Committee Chairman’s remarks 

• Approval of open CEH minutes for 

November 2014 meeting 

• Presentation and discussion: 

Appreciating the Power and Promise 

of Education Research 

Committee on Strategy and Budget 

(CSB) 

Open Session: 3–3:30 p.m. 

• Approval of CSB open minutes for 

November 2014 

• NSF FY 2015 budget update 

• NSF FY 2016 budget update 

Committee on Strategy and Budget 

(CSB) 

Closed Session: 3:45–4:15 p.m. 

• Committee Chairman’s remarks 

• Approval of CSB closed minutes for 

November 2014 

• Performance Improvement Officer 

report on FY 2017 strategic issues 

Audit and Oversight Committee (AO) 

Open Session: 4:15–5 p.m. 

• Committee Chairman’s opening 

remarks 

• Approval of November 2014 meeting 

minutes 

• Report on agency Financial Report 

and Audit 

• Inspector General’s update 

mstockstill on DSK4VPTVN1PROD with NOTICES

Federal Register / Vol. 80, No. 18 / Wednesday, January 28, 2015 / Notices 4597 

1The number of closed-end funds that undertake 

repurchases annually under rule 23c–1 is based on 

information provided in response to Item 9 of Form 

N–CSR from December 30, 2013 through December 

30, 2014. Although 112 closed-end funds made 

disclosures regarding ‘‘publicly announced’’ 

repurchase plans in response to Item 9, not all 

repurchases are made pursuant to rule 23c–1. We 

estimate that approximately 30% of such closedend funds have not made repurchases pursuant to 

rule 23c–1. Therefore, our estimate does not include 

all 112 funds that made disclosures of publicly 

announced repurchases under Item 9, but only a 

subset thereof. 

2This estimate is based on the following 

calculation: 702 repurchases x 2.5 hours per 

repurchase = 1755 hours. 

3The $334/hour figure for a compliance attorney 

is from SIFMA’s Management & Professional 

Earnings in the Securities Industry 2013, modified 

by Commission staff to account for an 1800-hour 

work-year and multiplied by 5.35 to account for 

bonuses, firm size, employee benefits and overhead. 

4The $64/hour figure for a compliance clerk is 

from SIFMA’s Office Salaries in the Securities 

Industry 2013, modified by Commission staff to 

account for an 1800-hour work-year and multiplied 

by 2.93 to account for bonuses, firm size, employee 

benefits and overhead. 

5This estimate is based on the following 

calculation: 702 repurchases x $295 per repurchase 

= $207,090. 

6 In addition, Item 9 of Form N–CSR requires 

closed-end funds to disclose information similar to 

the information that was required in Form N–23C– 

1, which was discontinued in 2004. 

• Chief Financial Officer’s update 

• Committee Chairman’s closing 

remarks 

Wednesday, February 4, 2015 

Audit and Oversight Committee 

Closed Session: 8:30–9:15 a.m. 

• Committee Chairman’s opening 

remarks 

• Approval of November 2014 closed 

meeting and December 2014 closed 

teleconference minutes 

• NSF relocation update 

• Discussion of scope of work for 

proposed external review of issues 

pertaining to cooperative agreements 

• Chairman’s closing remarks 

Committee on Science & Engineering 

Indicators (SEI) 

Open Session: 9:15–10 a.m. 

• Chairman’s introduction 

• Approval of the November 2014 

meeting minutes and the January 2015 

teleconference minutes 

• Update on Science and Engineering 

Indicators 2016 production 

• Discussion of the companion report to 

Indicators 2014 

• Update on opportunities for outreach 

and engagement for the Indicators 

suite of products and beyond 

• Chairman’s closing remarks 

Plenary 

Executive Closed Session: 10:15–10:45 

a.m. 

• Approval of executive closed session 

minutes, November 2014 

• Approval of Vannevar Bush award 

recommendation 

• Approval of Alan T. Waterman award 

recommendation 

• Chairman’s remarks 

Plenary Board Meeting 

Closed Session: 10:45– 11:45 a.m. 

• Approval of closed session minutes, 

November 2014 

• Discussion of risks to NSF 

• Closed committee reports 

• Chairman’s remarks 

Plenary Board Meeting 

Open Session: 1:15–3 p.m. 

• Approval of open session minutes, 

November 2014 

• Chairman’s report 

• Director’s report 

• Open committee reports 

• Chairman’s remarks 

Meeting Adjourns: 3 p.m. 

Ann Bushmiller, 

Senior Counsel to the National Science Board. 

[FR Doc. 2015–01695 Filed 1–26–15; 4:15 pm] 

BILLING CODE 7555–01–P 

POSTAL SERVICE 

Product Change—Priority Mail and 

First-Class Package Service 

Negotiated Service Agreement 

AGENCY: Postal ServiceTM. 

ACTION: Notice. 

SUMMARY: The Postal Service gives 

notice of filing a request with the Postal 

Regulatory Commission to add a 

domestic shipping services contract to 

the list of Negotiated Service 

Agreements in the Mail Classification 

Schedule’s Competitive Products List. 

DATES: Effective date: January 28, 2015. 

FOR FURTHER INFORMATION CONTACT: 

Elizabeth A. Reed, 202–268–3179. 

SUPPLEMENTARY INFORMATION: The 

United States Postal Service® hereby 

gives notice that, pursuant to 39 U.S.C. 

3642 and 3632(b)(3), on January 22, 

2015, it filed with the Postal Regulatory 

Commission a Request of the United 

States Postal Service to Add Priority 

Mail & First-Class Package Service 

Contract 2 to Competitive Product List. 

Documents are available at 

www.prc.gov, Docket Nos. MC2015–24, 

CP2015–32. 

Stanley F. Mires, 

Attorney, Federal Requirements. 

[FR Doc. 2015–01501 Filed 1–27–15; 8:45 am] 

BILLING CODE 7710–12–P 

SECURITIES AND EXCHANGE 

COMMISSION 

Proposed Collection; Comment 

Request 

Upon Written Request, Copies 

Available From: Securities and 

Exchange Commission, Office of FOIA 

Services, 100 F Street NE., Washington, 

DC 20549–2736. 

Extension: 

Rule 23c–1, OMB Control No. 3235–0260, 

SEC File No. 270–253. 

Notice is hereby given that, pursuant 

to the Paperwork Reduction Act of 1995 

(44 U.S.C. 350l–3520), the Securities 

and Exchange Commission (the 

‘‘Commission’’) is soliciting comments 

on the collection of information 

summarized below. The Commission 

plans to submit this existing collection 

of information to the Office of 

Management and Budget for extension 

and approval. 

Rule 23c–1(a) under the Investment 

Company Act (17 CFR 270.23c–1(a)) 

permits a closed-end fund to repurchase 

its securities for cash if, in addition to 

the other requirements set forth in the 

rule, the following conditions are met: 

(i) Payment of the purchase price is 

accompanied or preceded by a written 

confirmation of the purchase (‘‘written 

confirmation’’); (ii) the asset coverage 

per unit of the security to be purchased 

is disclosed to the seller or his agent 

(‘‘asset coverage disclosure’’); and (iii) if 

the security is a stock, the fund has, 

within the preceding six months, 

informed stockholders of its intention to 

purchase stock (‘‘six month notice’’). 

Commission staff estimates that 78 

closed-end funds undertake a total of 

702 repurchases annually under rule 

23c–1.1 Staff estimates further that, with 

respect to each repurchase, each fund 

spends 2.5 hours to comply with the 

rule’s written confirmation, asset 

coverage disclosure and six month 

notice requirements. Thus, Commission 

staff estimates the total annual 

respondent reporting burden is 1755 

hours.2 Commission staff further 

estimates that the cost of the hourly 

burden per repurchase is $295 (one half 

hour of a compliance attorney’s time at 

$334 per hour,3 and two hours of 

clerical time at $64 per hour 4). The total 

annual cost for all funds is estimated to 

be $207,090.5

In addition, the fund must file with 

the Commission a copy of any written 

solicitation to purchase securities given 

by or on behalf of the fund to 10 or more 

persons. The copy must be filed as an 

exhibit to Form N–CSR (17 CFR 249.331 

and 274.128).6 The burden associated 

mstockstill on DSK4VPTVN1PROD with NOTICES