Federal Register / Vol. 86, No. 121 / Monday, June 28, 2021 / Notices 34109 

exemption from the notice provisions of 

rule 23c–3(b)(4) to the extent necessary 

to permit each Fund to send notification 

of an upcoming repurchase offer to 

shareholders at least seven days but no 

more than fourteen calendar days in 

advance of the repurchase request 

deadline. 

5. Applicants contend that monthly 

repurchase offers are in the public 

interest and in the common 

shareholders’ interests and consistent 

with the policies underlying rule 23c– 

3. Applicants assert that monthly 

repurchase offers will provide investors 

with more liquidity than quarterly 

repurchase offers. Applicants assert that 

shareholders will be better able to 

manage their investments and plan 

transactions, because if they decide to 

forego a repurchase offer, they will only 

need to wait one month for the next 

offer. Applicants also contend that the 

portfolio of each Fund will be managed 

to provide ample liquidity for monthly 

repurchase offers. 

6. Applicants propose to send 

notification to shareholders at least 

seven days, but no more than fourteen 

calendar days, in advance of a 

repurchase request deadline. Applicants 

assert that, because each Fund intends 

to make payment on the fifth business 

day or seventh calendar day (whichever 

period is shorter) following the 

repurchase pricing date, the entire 

procedure will be completed before the 

next notification is sent out to 

shareholders, thus avoiding any overlap. 

Applicants believe that these 

procedures will eliminate any 

possibility of investor confusion. 

Applicants also state that monthly 

repurchase offers will be a fundamental 

feature of the Funds, and their 

prospectuses will provide a clear 

explanation of the repurchase program. 

7. Applicants submit that for the 

reasons given above the requested relief 

is appropriate in the public interest and 

is consistent with the protection of 

investors and the purposes fairly 

intended by the policy and provisions of 

the Act. 

Applicants’ Conditions 

Applicants agree that any order 

granting the requested relief shall be 

subject to the following conditions: 

1. The Fund (and any Future Fund 

relying on this relief) will make a 

repurchase offer pursuant to rule 23c– 

3(b) for a repurchase offer amount of not 

less than 5% in any one-month period. 

In addition, the repurchase offer amount 

for the then-current monthly period, 

plus the repurchase offer amounts for 

the two monthly periods immediately 

preceding the then-current monthly 

period, will not exceed 25% of the 

Fund’s (or Future Fund’s, as applicable) 

outstanding common shares. The Fund 

(and any Future Fund relying on this 

relief) may repurchase additional 

tendered common shares pursuant to 

rule 23c–3(b)(5) only to the extent the 

percentage of additional common shares 

so repurchased does not exceed 2% in 

any three-month period. 

2. Payment for repurchased common 

shares will occur at least five business 

days before notification of the next 

repurchase offer is sent to common 

shareholders of the Fund (or any Future 

Fund relying on this relief). 

For the Commission, by the Division of 

Investment Management, under delegated 

authority. 

J. Matthew DesLesDernier, 

Assistant Secretary. 

[FR Doc. 2021–13663 Filed 6–25–21; 8:45 am] 

BILLING CODE 8011–01–P 

SURFACE TRANSPORTATION BOARD 

60-Day Notice of Intent To Seek 

Extension of Approval of Collections: 

Rail Carrier Financial Reports 

AGENCY: Surface Transportation Board. 

ACTION: Notice and request for 

comments. 

SUMMARY: As part of its continuing effort 

to reduce paperwork burdens, and as 

required by the Paperwork Reduction 

Act of 1995 (PRA), the Surface 

Transportation Board (Board) gives 

notice of its intent to request from the 

Office of Management and Budget 

(OMB) approval without change of the 

six existing collections described below. 

DATES: Comments on these information 

collections should be submitted by 

August 27, 2021. 

ADDRESSES: Direct all comments to 

Chris Oehrle, PRA Officer, Surface 

Transportation Board, 395 E Street SW, 

Washington, DC 20423–0001, or to 

PRA@stb.gov. When submitting 

comments, please refer to ‘‘Paperwork 

Reduction Act Comments, Rail Carrier 

Financial Reports.’’ For further 

information regarding these collections, 

contact Pedro Ramirez at (202) 245– 

0333 or pedro.ramirez@stb.gov. 

Assistance for the hearing impaired is 

available through the Federal 

Information Relay Service (FIRS) at 

1–800–877–8339. 

SUPPLEMENTARY INFORMATION: Comments 

are requested concerning each 

collection as to (1) whether the 

particular collection of information is 

necessary for the proper performance of 

the functions of the Board, including 

whether the collection has practical 

utility; (2) the accuracy of the Board’s 

burden estimates; (3) ways to enhance 

the quality, utility, and clarity of the 

information collected; and (4) ways to 

minimize the burden of the collection of 

information on the respondents, 

including the use of automated 

collection techniques or other forms of 

information technology, when 

appropriate. Submitted comments will 

be included and summarized in the 

Board’s request for OMB approval. 

Subjects: In this notice, the Board is 

requesting comments on the following 

information collections: 

Description of Collection 1 

Title: Quarterly Report of Revenues, 

Expenses, and Income—Railroads (Form 

RE&I). 

OMB Control Number: 2140–0013. 

Form Number: Form RE&I. 

Type of Review: Extension without 

change. 

Respondents: Class I railroads. 

Number of Respondents: Seven. 

Estimated Time per Response: Six 

hours. 

Frequency of Response: Quarterly. 

Total Annual Hour Burden: 168 hours 

annually. 

Total Annual ‘‘Non-Hour Burden’’ 

Cost: None identified. Filings are 

submitted electronically to the Board. 

Needs and Uses: This collection is a 

report of railroad operating revenues, 

operating expenses, and income items. 

It is also a profit and loss statement, 

disclosing net railway operating income 

on a quarterly and year-to-date basis for 

current and prior years. See 49 CFR 

1243.1. The Board uses the information 

in this report to ensure competitive, 

efficient, and safe transportation 

through general oversight programs that 

monitor and forecast the financial and 

operating condition of railroads, and 

through regulation of railroad rate and 

service issues and rail restructuring 

proposals, including railroad mergers, 

consolidations, acquisitions of control, 

and abandonments. Information from 

these reports is used by the Board, other 

Federal agencies, and industry groups to 

monitor and assess industry growth and 

operations, detect changes in carrier 

financial stability, and identify trends 

that may affect the national 

transportation system. Some of the 

information from these reports is 

compiled by the Board in our quarterly 

Selected Earnings Data Report, which is 

published on the Board’s website, 

https://www.stb.gov/stb/industry/econ_

reports.html. The information contained 

in these reports is not available from 

any other source. 


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34110 Federal Register / Vol. 86, No. 121 / Monday, June 28, 2021 / Notices 

Description of Collection 2 

Title: Quarterly Condensed Balance 

Sheet—Railroads (Form CBS). 

OMB Control Number: 2140–0014. 

Form Number: Form CBS. 

Type of Review: Extension without 

change. 

Respondents: Class I railroads. 

Number of Respondents: Seven. 

Estimated Time per Response: Six 

hours. 

Frequency of Response: Quarterly. 

Total Annual Hour Burden: 168 hours 

annually. 

Total Annual ‘‘Non-Hour Burden’’ 

Cost: None identified. Filings are 

submitted electronically to the Board. 

Needs and Uses: This collection 

shows the balance, quarterly and 

cumulative, for the current and prior 

year of the carrier’s assets and liabilities, 

gross capital expenditures, and revenue 

tons carried. See 49 CFR 1243.2. The 

Board uses the information in this 

report to ensure competitive, efficient, 

and safe transportation through general 

oversight programs that monitor and 

forecast the financial and operating 

condition of railroads, and through 

specific regulation of railroad rate and 

service issues and rail restructuring 

proposals, including railroad mergers, 

consolidations, acquisitions of control, 

and abandonments. Information from 

these reports is used by the Board, other 

Federal agencies, and industry groups to 

assess industry growth and operations, 

detect changes in carrier financial 

stability, and identify trends that may 

affect the national transportation 

system. Revenue ton-miles, which are 

reported in these reports, are compiled 

and published by the Board in its 

quarterly Selected Earnings Data Report, 

which is published on the Board’s 

website, https://www.stb.gov/stb/ 

industry/econ_reports.html. The 

information contained in these reports 

is not available from any other source. 

Description of Collection 3 

Title: Report of Railroad Employees, 

Service and Compensation (Wage Forms 

A and B). 

OMB Control Number: 2140–0004. 

Form Number: Wage Form A; and 

Wage Form B. 

Type of Review: Extension without 

change. 

Respondents: Class I railroads. 

Number of Respondents: Seven. 

Estimated Time per Response: No 

more than 3 hours per quarterly report 

and 4 hours per annual summation. 

Frequency of Response: Quarterly, 

with an annual summation. 

Total Annual Hour Burden: No more 

than 112 hours annually. 

Total Annual ‘‘Non-Hour Burden’’ 

Cost: None identified. Filings are 

submitted electronically to the Board. 

Needs and Uses: This collection 

shows the number of employees, service 

hours, and compensation, by employee 

group (e.g., executive, professional, 

maintenance-of-way and equipment, 

and transportation), of the reporting 

railroads. See 49 CFR 1245. The 

information is used by the Board to 

forecast labor costs and measure the 

efficiency of the reporting railroads. The 

information is also used by the Board to 

evaluate proposed regulated 

transactions that may impact rail 

employees, including mergers and 

consolidations, acquisitions of control, 

purchases, and abandonments. Other 

Federal agencies and industry groups, 

including the Railroad Retirement Board 

(RRB), Bureau of Labor Statistics (BLS), 

and Association of American Railroads 

(AAR), use the information contained in 

the reports to monitor railroad 

operations. Certain information from 

these reports is compiled and published 

on the Board’s website, https://

www.stb.gov/stb/industry/econ_

reports.html. The information contained 

in these reports is not available from 

any other source. 

Description of Collection 4 

Title: Monthly Report of Number of 

Employees of Class I Railroads (Wage 

Form C). 

OMB Control Number: 2140–0007. 

Form Number: STB Form C. 

Type of Review: Extension without 

change. 

Respondents: Class I railroads. 

Number of Respondents: Seven. 

Estimated Time per Response: 1.25 

hours. 

Frequency of Response: Monthly. 

Total Annual Hour Burden: 105 hours 

annually. 

Total Annual ‘‘Non-Hour Burden’’ 

Cost: None identified. Filings are 

submitted electronically to the Board. 

Needs and Uses: This collection 

shows, for each reporting carrier, the 

average number of employees at midmonth in the six job-classification 

groups that encompass all railroad 

employees. See 49 CFR 1246. The 

information is used by the Board to 

forecast labor costs and measure the 

efficiency of the reporting railroads. The 

information is also used by the Board to 

evaluate the impact on rail employees of 

proposed regulated transactions, 

including mergers and consolidations, 

acquisitions of control, purchases, and 

abandonments. Other Federal agencies 

and industry groups, including the RRB, 

BLS, and AAR, use the information 

contained in these reports to monitor 

railroad operations. Certain information 

from these reports is compiled and 

published on the Board’s website, 

https://www.stb.gov/stb/industry/econ_

reports.html. The information contained 

in these reports is not available from 

any other source. 

Description of Collection 5 

Title: Annual Report of Cars Loaded 

and Cars Terminated. 

OMB Control Number: 2140–0011. 

Form Number: Form STB–54. 

Type of Review: Extension without 

change. 

Respondents: Class I railroads. 

Number of Respondents: Seven. 

Estimated Time per Response: Four 

hours. 

Frequency of Response: Annual. 

Total Annual Hour Burden: 28 hours 

annually. 

Total Annual ‘‘Non-Hour Burden’’ 

Cost: None identified. Filings are 

submitted electronically to the Board. 

Needs and Uses: This collection 

reports the number of cars loaded and 

cars terminated on the reporting 

carrier’s line. See 49 CFR 1247. 

Information in this report is entered into 

the Board’s Uniform Rail Costing 

System (URCS), which is a cost 

measurement methodology. URCS, 

which was developed by the Board 

pursuant to 49 U.S.C. 11161, is used as 

a tool in rail rate proceedings, in 

accordance with 49 U.S.C. 10707(d), to 

calculate the variable costs associated 

with providing a particular service. The 

Board also uses URCS to carry out more 

effectively other of its regulatory 

responsibilities, including: Acting on 

railroad requests for authority to engage 

in Board-regulated financial 

transactions such as mergers, 

acquisitions of control, and 

consolidations, see 49 U.S.C. 11323– 

11324; analyzing the information that 

the Board obtains through the annual 

railroad industry waybill sample, see 49 

CFR 1244; measuring off-branch costs in 

railroad abandonment proceedings, in 

accordance with 49 CFR 1152.32(n); 

developing the ‘‘rail cost adjustment 

factors,’’ in accordance with 49 U.S.C. 

10708; and conducting investigations 

and rulemakings. This collection is 

compiled and published on the Board’s 

website, https://www.stb.gov/stb/ 

industry/econ_reports.html. There is no 

other source for the information 

contained in this report. 

Description of Collection 6 

Title: Quarterly Report of Freight 

Commodity Statistics (Form QCS). 

OMB Control Number: 2140–0001. 

Form Number: Form QCS. 

Type of Review: Extension without 

change. 


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Federal Register / Vol. 86, No. 121 / Monday, June 28, 2021 / Notices 34111 

Respondents: Class I railroads. 

Number of Respondents: Seven. 

Estimated Time per Response: One 

hour. 

Frequency of Response: Quarterly, 

with an annual summation. 

Total Annual Hour Burden: 35 hours 

annually. 

Total Annual ‘‘Non-Hour Burden’’ 

Cost: None identified. Filings are 

submitted electronically to the Board. 

Needs and Uses: This collection, 

which is based on information 

contained in carload waybills used by 

railroads in the ordinary course of 

business, reports car loadings and total 

revenues by commodity code for each 

commodity that moved on the railroad 

during the reporting period. See 49 CFR 

1248. Information in this report is 

entered into the Board’s URCS, the uses 

of which are explained under Collection 

Number 5. This collection is compiled 

and published on the Board’s website, 

https://www.stb.gov/stb/industry/econ_

reports.html. There is no other source 

for the information contained in this 

report. 

The Board makes this submission 

because, under the PRA, a federal 

agency that conducts or sponsors a 

collection of information must display a 

currently valid OMB control number. A 

collection of information, which is 

defined in 44 U.S.C. 3502(3) and 5 CFR 

1320.3(c), includes agency requirements 

that persons submit reports, keep 

records, or provide information to the 

agency, third parties, or the public. 

Under 44 U.S.C. 3506(c)(2)(A), federal 

agencies are required to provide, prior 

to an agency’s submitting a collection to 

OMB for approval, a 60-day notice and 

comment period through publication in 

the Federal Register concerning each 

proposed collection of information, 

including each proposed extension of an 

existing collection of information. 

Dated: June 22, 2021. 

Eden Besera, 

Clearance Clerk. 

[FR Doc. 2021–13665 Filed 6–25–21; 8:45 am] 

BILLING CODE 4915–01–P 

DEPARTMENT OF TRANSPORTATION 

Federal Motor Carrier Safety 

Administration 

[Docket No. FMCSA–1998–4334; 

FMCSA–2000–7918; FMCSA–2003–14504; 

FMCSA–2003–15268; FMCSA–2004–17984; 

FMCSA–2004–18885; FMCSA–2005–20027; 

FMCSA–2005–21254; FMCSA–2006–26066; 

FMCSA–2006–26653; FMCSA–2008–0106; 

FMCSA–2008–0340; FMCSA–2009–0086; 

FMCSA–2010–0385; FMCSA–2011–0010; 

FMCSA–2011–0102; FMCSA–2012–0279; 

FMCSA–2012–0337; FMCSA–2013–0022; 

FMCSA–2013–0027; FMCSA–2013–0028; 

FMCSA–2013–0029; FMCSA–2013–0169; 

FMCSA–2014–0004; FMCSA–2014–0006; 

FMCSA–2014–0008; FMCSA–2014–0298; 

FMCSA–2014–0300; FMCSA–2014–0301; 

FMCSA–2014–0304; FMCSA–2014–0305; 

FMCSA–2015–0055; FMCSA–2015–0350; 

FMCSA–2016–0024; FMCSA–2016–0213; 

FMCSA–2016–0377; FMCSA–2017–0014; 

FMCSA–2017–0019; FMCSA–2018–0018; 

FMCSA–2018–0208; FMCSA–2018–0209; 

FMCSA–2019–0004; FMCSA–2019–0005; 

FMCSA–2019–0011] 

Qualification of Drivers; Exemption 

Applications; Vision 

AGENCY: Federal Motor Carrier Safety 

Administration (FMCSA), Department 

of Transportation (DOT). 

ACTION: Notice of renewal of 

exemptions; request for comments. 

SUMMARY: FMCSA announces its 

decision to renew exemptions for 59 

individuals from the vision requirement 

in the Federal Motor Carrier Safety 

Regulations (FMCSRs) for interstate 

commercial motor vehicle (CMV) 

drivers. The exemptions enable these 

individuals to continue to operate CMVs 

in interstate commerce without meeting 

the vision requirements in one eye. 

DATES: Each group of renewed 

exemptions were applicable on the 

dates stated in the discussions below 

and will expire on the dates stated in 

the discussions below. Comments must 

be received on or before July 28, 2021. 

ADDRESSES: You may submit comments 

identified by the Federal Docket 

Management System (FDMS) Docket No. 

FMCSA–1998–4334, Docket No. 

FMCSA–2000–7918, Docket No. 

FMCSA–2003–14504, Docket No. 

FMCSA–2003–15268, Docket No. 

FMCSA–2004–17984, Docket No. 

FMCSA–2004–18885, Docket No. 

FMCSA–2005–20027, Docket No. 

FMCSA–2005–21254, Docket No. 

FMCSA–2006–26066, Docket No. 

FMCSA–2006–26653, Docket No. 

FMCSA–2008–0106, Docket No. 

FMCSA–2008–0340, Docket No. 

FMCSA–2009–0086, Docket No. 

FMCSA–2010–0385, Docket No. 

FMCSA–2011–0010, Docket No. 

FMCSA–2011–0102, Docket No. 

FMCSA–2012–0279, Docket No. 

FMCSA–2012–0337, Docket No. 

FMCSA–2013–0022, Docket No. 

FMCSA–2013–0027, Docket No. 

FMCSA–2013–0028, Docket No. 

FMCSA–2013–0029, Docket No. 

FMCSA–2013–0169, Docket No. 

FMCSA–2014–0004, Docket No. 

FMCSA–2014–0006, Docket No. 

FMCSA–2014–0008, Docket No. 

FMCSA–2014–0298, Docket No. 

FMCSA–2014–0300, Docket No. 

FMCSA–2014–0301, Docket No. 

FMCSA–2014–0304, Docket No. 

FMCSA–2014–0305, Docket No. 

FMCSA–2015–0055, Docket No. 

FMCSA–2015–0350, Docket No. 

FMCSA–2016–0024, Docket No. 

FMCSA–2016–0213, Docket No. 

FMCSA–2016–0377, Docket No. 

FMCSA–2017–0014, Docket No. 

FMCSA–2017–0019, Docket No. 

FMCSA–2018–0018, Docket No. 

FMCSA–2018–0208, Docket No. 

FMCSA–2018–0209, Docket No. 

FMCSA–2019–0004, Docket No. 

FMCSA–2019–0005, or Docket No. 

FMCSA–2019–0011 using any of the 

following methods: 

• Federal eRulemaking Portal: Go to 

www.regulations.gov/, insert the docket 

number, FMCSA–1998–4334, FMCSA– 

2000–7918, FMCSA–2003–14504, 

FMCSA–2003–15268, FMCSA–2004– 

17984, FMCSA–2004–18885, FMCSA– 

2005–20027, FMCSA–2005–21254, 

FMCSA–2006–26066, FMCSA–2006– 

26653, FMCSA–2008–0106, FMCSA– 

2008–0340, FMCSA–2009–0086, 

FMCSA–2010–0385, FMCSA–2011– 

0010, FMCSA–2011–0102, FMCSA– 

2012–0279, FMCSA–2012–0337, 

FMCSA–2013–0022, FMCSA–2013– 

0027, FMCSA–2013–0028, FMCSA– 

2013–0029, FMCSA–2013–0169, 

FMCSA–2014–0004, FMCSA–2014– 

0006, FMCSA–2014–0008, FMCSA– 

2014–0298, FMCSA–2014–0300, 

FMCSA–2014–0301, FMCSA–2014– 

0304, FMCSA–2014–0305, FMCSA– 

2015–0055, FMCSA–2015–0350, 

FMCSA–2016–0024, FMCSA–2016– 

0213, FMCSA–2016–0377, FMCSA– 

2017–0014, FMCSA–2017–0019, 

FMCSA–2018–0018, FMCSA–2018– 

0208, FMCSA–2018–0209, FMCSA– 

2019–0004, FMCSA–2019–0005, or 

FMCSA–2019–0011 in the keyword box, 

and click ‘‘Search.’’ Next, sort the 

results by ‘‘Posted (Newer-Older),’’ 

choose the first notice listed, and click 

on the ‘‘Comment’’ button. Follow the 

online instructions for submitting 

comments. 

• Mail: Dockets Operations; U.S. 

Department of Transportation, 1200 

New Jersey Avenue SE, West Building 


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