34194 Federal Register / Vol. 63, No. 120 /Tuesday, June 23, 1998 / Notices

Region IX, is serving as a cooperating

agency.

Description of the Proposed Action

The proposed project facilities would

include an open pit mine, two waste

rock dumps, ore crushing and cyanide

heap leaching facilities, laboratories, an

office, and a water supply system of four

wells or well fields and two pipelines.

Facilities would be constructed on 118

acres of BLM-administered land, 75

acres of private land, and 8 acres of state

land that would be part of the water

supply system. The mine would operate

for 6 years, followed by a 7-year period

of closure and reclamation.

Alternatives Analyzed

The following three alternatives to the

proposed action were analyzed: (1) No

Action alternative; (2) Alternative 2—

Elimination of the South Waste Rock

Dump and Consolidation of Waste Rock

Into the North Waste Rock Dump; and

(3) Alternative 3—Elimination of the

North Waste Rock Dump and

Consolidation of Waste Rock Into the

South Waste Rock Dump.

Other Relevant Information

Copies of the DEIS have been mailed

to all individuals and organizations that

requested them, and executive

summaries have been mailed to all on

the project mailing list. A copy of the

DEIS or summary may be obtained upon

request by contacting Connie Stone at

the BLM Phoenix Field Office.

PublicUnited States reading copies are

also being kept at the BLM Phoenix

Field Office, the BLM Arizona State

Office (222 N. Central Avenue in

Phoenix), and the Public Libraries in

Yarnell, Wickenburg, and Prescott.

Public Hearings

Three public hearings will be held,

the location and schedules for which are

as follows:

July 28, 1998, 6:00 to 9:00 p.m., at the

Wickenburg Community Center, 160

N. Valentine St., Wickenburg,

Arizona.

July 29, 1998, 4:00 to 8:00 p.m., at the

Yarnell Senior Center, 136 Broadway

St., Yarnell, Arizona.

July 30, 1998, 6:00 to 9:00 p.m., at the

Prescott Resort Conference Center,

1500 Highway 69, Prescott, Arizona.

Public Input Requested

Comments on the alternatives and the

adequacy of the impact analyses are

most useful when they address one or

more of the following:

• Errors in the analysis,

• New information affecting the

analysis,

• Misinformation that could affect

the outcome of the analysis,

• Requests for clarification,

• A substantive new alternative that

differs from any of the existing

alternatives.

Dated: June 17, 1998.

Michael A. Taylor,

Field Manager.

[FR Doc. 98–16617 Filed 6–22–98; 8:45 am]

BILLING CODE 4310–32–M

DEPARTMENT OF LABOR

Pension and Welfare Benefits

Administration

Proposed Extension of Information

Collection Request Submitted for

Public Comment and

Recommendations

ACTION: Notice.

SUMMARY: The Department of Labor, as

part of its continuing effort to reduce

paperwork and respondent burden

conducts a preclearance consultation

program to provide the general public

and other federal agencies with an

opportunity to comment on proposed

and continuing collections of

information in accordance with the

Paperwork Reduction Act of 1995 (PRA

95) (44 U.S.C. 3506(c)(2)(A)). This

program helps to ensure that requested

data can be provided in the desired

format, reporting burden (time and

financial resources) is minimized,

collection instruments are clearly

understood, and the impact of collection

requirements on respondents can be

properly assessed. Currently, the

Pension and Welfare Benefits

Administration is soliciting comments

concerning the proposed extension of a

currently approved collection of

information, Prohibited Transaction

Class Exemption 86–128 for certain

transactions involving employee benefit

plans and securities broker-dealers. A

copy of the proposed information

collection request (ICR) can be obtained

by contacting the office listed below in

the addressee section of this notice.

DATES: Written comments must be

submitted to the office listed in the

addressee section below on or before

August 24, 1998. 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;

• 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 submission of

responses.

ADDRESSES: Interested parties are

invited to submit written comments

regarding the collection of information

of any or all of the Agencies. Send

comments to Mr. Gerald B. Lindrew,

Office of Policy and Research, U.S.

Department of Labor, Pension and

Welfare Benefits Administration, 200

Constitution Avenue, NW, Room N–

5647, Washington, DC 20210.

Telephone: (202) 219–4782 (this is not

a toll-free number).

FOR FURTHER INFORMATION CONTACT:

I. Background

Prohibited Transaction Class

Exemption 86–128 permits persons who

serve as fiduciaries for employee benefit

plans to effect or execute securities

transactions on behalf of employee

benefit plans. The exemption also

allows sponsors of pooled separate

accounts and other pooled investment

funds to use their affiliates to effect or

execute securities transactions for such

accounts in order to recapture brokerage

commissions for benefit of employee

benefit plans whose assets are

maintained in pooled separate accounts

managed by the insurance companies.

In the absence of the exemption, certain

aspects of these transactions might be

prohibited by section 406(b) of the

Employee Retirement Income Security

Act of 1974 (ERISA) and from the taxes

imposed by section 4975(a) and (b) of

the Internal Revenue Code of 1986 (the

Code) by reason of Code section

4975(c)(1)(E) or (F).

II. Current Actions

The Office of Management and

Budget’s approval of this ICR will expire

on September 30, 1998. This existing

collection of information should be

continued because without the relief

provided by this exemption, brokerfiduciaries who provide research and

investment management services to

accounts for which they also effect

transactions for the purchase or sale of
Federal Register / Vol. 63, No. 120 /Tuesday, June 23, 1998 / Notices 34195

securities, may be barred by ERISA from

providing these combined services to

employee benefit plans. Without this

exemption, these sales could not

continue, causing disruption of the

existing business practices of plans and

the businesses that service them.

In order to insure that the exemption

is not abused, that the rights of

participants and beneficiaries are

protected, and that the exemption’s

conditions are being complied with, the

Department has included in the

exemption two information collection

requirements. The first requirement is to

provide the independent fiduciary with

either confirmation slips for each

individual transaction or to provide

quarterly reports. In the quarterly report

the broker-fiduciary must provide

certain financial information including

the total of all transaction related

charges incurred by the plan. The

second requirement calls for the annual

reporting of transaction charges

incurred by the plan as the amount of

such charges paid to other persons.

Furthermore, the annual report must

contain some measure of portfolio

turnover.

Agency: Department of Labor, Pension

and Welfare Benefits Administration.

Title: Class Exemption 86–128 for

Certain Transactions Involving

Employee Benefit Plans and Securities

Broker-Dealers.

Type of Review: Extension of a

currently approved collection.

OMB Numbers: 1210–0059.

Affected Public: Individuals or

households; Business or other for-profit;

Not-for-profit institutions.

Total Respondents: 163,562.

Average Time Per Response: 10

minutes to 15 minutes.

Total Responses: 286,232.

Frequency of Response: Quarterly;

Annually.

Total Annual Burden: 64,743 hours.

Comments submitted in response to

this notice 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: June 18, 1998.

Gerald B. Lindrew,

Deputy Director, Pension and Welfare

Benefits Administration, Office of Policy and

Research.

[FR Doc. 98–16644 Filed 6–22–98; 8:45 am]

BILLING CODE 4510–29–M

MERIT SYSTEMS PROTECTION

BOARD

Sunshine Act Meeting

TIME AND DATE: 10:00 a.m., Thursday,

June 25, 1998.

PLACE: Board Conference Room, Eighth

Floor, 1120 Vermont Avenue, N.W.,

Washington, D.C., 20419.

STATUS: The meeting will be closed to

the public.

MATTERS TO BE CONSIDERED: Agency

caseload and case processing.

CONTACT PERSON FOR ADDITIONAL

INFORMATION: Robert E. Taylor, Clerk of

the Board, (202) 653–7200.

Dated: June 18, 1998.

Robert E. Taylor,

Clerk of the Board.

[FR Doc. 98–16729 Filed 6–18–98; 4:41 pm]

BILLING CODE 7400–01–M

NATIONAL FOUNDATION ON THE

ARTS AND THE HUMANITIES

National Endowment for the Arts;

Combined Arts Panel

Pursuant to Section 10(a)(2) of the

Federal Advisory Committee Act (Public

Law 92–463), as amended, notice is

hereby given that a meeting of the

Combined Arts Panel, Visual Arts

Section (Creation & Presentation

Category) to the National Council on the

Arts will be held on July 28–31, 1998.

The panel will meet from 9:00 a.m. to

5:30 p.m. on July 28–30, and from 9:00

a.m. to 4:00 p.m. on July 31, in Room

716 at the Nancy Hanks Center, 1100

Pennsylvania Avenue, NW.,

Washington, DC 20506. A portion of this

meeting, from 3:00 to 5:30 p.m. on July

30, will be open to the public for a

policy discussion on community, state,

and field issues and needs, Leadership

Initiatives, Millennium projects, and

guidelines.

The remaining portions of this

meeting, from 9:00 a.m. to 5:30 p.m. on

July 28 and 29, from 9:00 a.m. to 3:00

p.m. on July 30, and from 9:00 a.m. to

4:00 p.m. on July 31, are for the purpose

of Panel review, discussion, evaluation,

and recommendation on applications

for financial assistance under the

National Foundation on the Arts and the

Humanities Act of 1965, as amended,

including information given in

confidence to the agency by grant

applicants. In accordance with the

determination of the Chairman of May

14, 1998, these sessions will be closed

to the public pursuant to subsection

(c)(4)(6), and (9)(B) of section 552b of

Title 5, United States Code.

Any person may observe meetings, or

portions thereof, of advisory panels

which are open to the public, and, if

time allows, may be permitted to

participate in the panel’s discussions at

the discretion of the panel chairman and

with the approval of the full-time

Federal employee in attendance.

If you need special accommodations

due to a disability, please contact the

Office of AccessAbility, National

Endowment for the Arts, 1100

Pennsylvania Avenue, NW.,

Washington, DC 20506, 202/682–5532,

TDY–TDD 202/682–5496, at least seven

(7) days prior to the meeting.

Further information with reference to

this meeting can be obtained from Ms.

Kathy Plowitz-Worden, Office of

Guidelines & Panel Operations, National

Endowment for the Arts, Washington,

DC 20506, or call 202/682–5691.

Dated: June 17, 1998.

Kathy Plowitz-Worden,

Panel Coordinator, Panel Operations,

National Endowment for the Arts.

[FR Doc. 98–16595 Filed 6–22–98; 8:45 am]

BILLING CODE 7537–01–M

NATIONAL TRANSPORTATION

SAFETY BOARD

Sunshine Act Meeting

TIME AND DATE: 9:30 a.m., Tuesday, June

30, 1998.

PLACE: NTSB Board Room, 5th Floor,

490 L’Enfant Plaza, S.W., Washington,

D.C. 20594.

STATUS: Open.

MATTERS TO BE CONSIDERED:

6899A Railroad Accident Report—

Collision and Derailment between

Union Pacific Railroad Freight

Trains MKSNP–01 and ZSEME–29

near Delia, Kansas, July 2, 1997.

NEWS MEDIA CONTACT: Telephone: (202)

314–6100.

FOR MORE INFORMATION CONTACT: Rhonda

Underwood, (202) 314–6065.

Dated: June 19, 1998.

Rhonda Underwood,

Federal Register Liaison Officer.

[FR Doc. 98–16834 Filed 6–19–98; 3:28 pm]

BILLING CODE 7533–01–M