60380 Federal Register / Vol. 70, No. 199 / Monday, October 17, 2005 / Notices 

Dated: September 1, 2005. 

Connie M. Downs, 

Corporate Secretary, Overseas Private 

Investment Corporation. 

[FR Doc. 05–20872 Filed 10–13–05; 3:46 am] 

BILLING CODE 3210–01–M 

PENSION BENEFIT GUARANTY 

CORPORATION 

Proposed Submission of Information 

Collection for OMB Review; Comment 

Request; Qualified Domestic Relations 

Orders Submitted to the PBGC 

AGENCY: Pension Benefit Guaranty 

Corporation. 

ACTION: Notice of intention to request 

OMB approval of revisions to, and 

extension of, a currently approved 

information collection. 

SUMMARY: The Pension Benefit Guaranty 

Corporation (‘‘PBGC’’) intends to 

request that the Office of Management 

and Budget (‘‘OMB’’) approve, under the 

Paperwork Reduction Act, revisions to 

an information collection (OMB control 

number 1212–0054; expires December 

31, 2006) relating to model forms 

contained in the PBGC booklet, Divorce 

Orders & PBGC. (The PBGC is changing 

the title of the booklet to Qualified 

Domestic Relations Orders & PBGC.) In 

addition, the PBGC is requesting 3-year 

approval of the revised collection of 

information. The booklet provides 

guidance on how to submit a proper 

qualified domestic relations order (a 

‘‘QDRO’’) to the PBGC. The revisions 

reflect changes in how the PBGC pays 

benefits. This notice informs the public 

of the PBGC’s intent and solicits public 

comment on the collection of 

information. 

DATES: Comments must be submitted by 

December 16, 2005. 

ADDRESSES: Comments may be mailed to 

the Legislative and Regulatory 

Department, Pension Benefit Guaranty 

Corporation, 1200 K Street, NW., 

Washington, DC 20005–4026, or 

delivered to Suite 340 at that address 

during normal business hours. 

Comments also may be submitted by email to paperwork.comments@pbgc.gov, 

or by fax to 202–326–4112. The PBGC 

will make all comments available on its 

Web site at http://www.pbgc.gov. 

Copies of the collections of 

information may be obtained without 

charge by writing to the PBGC’s 

Communications and Public Affairs 

Department at Suite 240 at the above 

address or by visiting that office or 

calling 202–326–4040 during normal 

business hours. (TTY and TDD users 

may call the Federal relay service tollfree at 1–800–877–8339 and ask to be 

connected to 202–326–4040.) The 

reportable events regulations, forms, 

and instructions may be accessed on the 

PBGC’s Web site at http:// 

www.pbgc.gov. 

FOR FURTHER INFORMATION CONTACT: 

James L. Beller, Jr., Attorney, Legislative 

and Regulatory Department, Pension 

Benefit Guaranty Corporation, 1200 K 

Street, NW., Washington, DC 20005–

4026, 202–326–4024. (For TTY/TDD 

users, call the Federal relay service tollfree at 1–800–877–8339 and ask to be 

connected to 202–326–4024.) 

SUPPLEMENTARY INFORMATION: The PBGC 

intends to request paperwork approval 

relating to model forms contained in the 

PBGC booklet, Divorce Orders & PBGC. 

Although the collection of information 

has been approved by OMB under 

control number 1212–0054 through 

December 31, 2006, the PBGC is revising 

the model QDRO forms and 

accompanying guidance to reflect 

changes in how it pays benefits. In 

addition, the PBGC is changing the title 

of the booklet to Qualified Domestic 

Relations Orders & PBGC and requesting 

3-year approval of the revised QDRO 

forms and accompanying guidance. 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 OMB control 

number. 

A defined benefit pension plan that 

does not have enough money to pay 

benefits may be terminated if the 

employer responsible for the plan faces 

severe financial difficulty, such as 

bankruptcy, and is unable to maintain 

the plan. In such an event, the PBGC 

becomes trustee of the plan and pays 

benefits, subject to legal limits, to plan 

participants and beneficiaries. 

The benefits of a pension plan 

participant generally may not be 

assigned or alienated. Title I of ERISA 

provides an exception for domestic 

relations orders that relate to child 

support, alimony payments, or marital 

property rights of an alternate payee (a 

spouse, former spouse, child, or other 

dependent of a plan participant). The 

exception applies only if the domestic 

relations order meets specific legal 

requirements that make it a qualified 

domestic relations order. 

When the PBGC is trustee of a plan, 

it reviews submitted domestic relations 

orders to determine whether the order is 

qualified before paying benefits to an 

alternate payee. The requirements for 

submitting a QDRO are established by 

statute. The models and the guidance 

assist parties by making it easier to 

comply with ERISA’s QDRO 

requirements in plans trusteed by the 

PBGC; they do not create any additional 

requirements and result in a reduction 

of the statutory burden. 

In April of 2002, the PBGC revised its 

regulations to make several changes in 

how it pays benefits, including giving 

participants more choices of annuity 

benefit forms, clarifying (for certain 

purposes under Title IV of ERISA) what 

it means to be able to ‘‘retire’’ under 

plan provisions, and adding rules on 

who will get certain payments the PBGC 

owes to a participant at the time of 

death. See 67 FR 16950, April 8, 2002. 

Many of these changes may affect 

qualified domestic relations orders 

submitted to the PBGC and, therefore, 

necessitate a number of revisions to the 

model QDROs and accompanying 

guidance. 

The PBGC estimates that it will 

receive 875 QDROs each year from 

prospective alternate payees; that the 

average burden of preparing a QDRO 

with the assistance of the guidance and 

model QDROs in PBGC’s booklet will be 1⁄4 hour of the alternate payee’s time and 

$734 in professional fees if the alternate 

payee hires an attorney or other 

professional to prepare the QDRO, or 10 

hours of the alternate payee’s time if the 

alternate payee prepares the QDRO 

without hiring an attorney or other 

professional; and that the total annual 

burden will be 1067 hours and 

$578,600. 

The PBGC is soliciting public 

comments to—

• Evaluate whether the proposed 

collections of information are 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 collections of information, 

including the validity of the 

methodologies and assumptions used; 

• Enhance the quality, utility, and 

clarity of the information to be 

collected; and 

• Minimize the burden of the 

collections 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. 

Federal Register / Vol. 70, No. 199 / Monday, October 17, 2005 / Notices 60381 

Issued in Washington, DC, this 12th day of 

October, 2005. 

Rick Hartt, 

Chief Technology Officer, Pension Benefit 

Guaranty Corporation. 

[FR Doc. 05–20703 Filed 10–14–05; 8:45 am] 

BILLING CODE 7708–01–P 

SMALL BUSINESS ADMINISTRATION 

Rustic Canyon Ventures SBIC, L.P., 

License No. 09/79–0450, Notice 

Seeking Exemption Under Section 312 

of the Small Business Investment Act, 

Conflicts of Interest 

Notice is hereby given that Rustic 

Canyon Ventures SBIC, L.P., 2425 

Olympic Blvd., Suite 6050W, Santa 

Monica, CA 90404, a Federal Licensee 

under the Small Business Investment 

Act of 1958, as amended (‘‘the Act’’), in 

connection with the financing of a small 

concern, has sought an exemption under 

Section 312 of the Act and Section 

107.730, Financings which Constitute 

Conflicts of Interest of the Small 

Business Administration (‘‘SBA’’) Rules 

and Regulations (13 CFR 107.730 

(2005)). Rustic Canyon Ventures SBIC, 

L.P. proposes to provide equity security 

financing to Intrepid Learning 

Solutions, Inc., 411 First Avenue South, 

Suite #300, Seattle WA 98104. The 

financing is contemplated for operating 

expenses and for general corporate 

purposes. 

The financing is brought within the 

purview of § 107.730(a)(1) of the 

Regulations because Staenberg Private 

Capital, LLC and Staenberg Venture 

Partners II, L.P., both Associates of 

Rustic Canyon Ventures SBIC, L.P., own 

more than ten percent of Intrepid 

Learning Solutions, Inc. Therefore, 

Intrepid Learning Solutions, Inc., is 

considered an Associate of Rustic 

Canyon Ventures SBIC, L.P., as defined 

at 13 CFR 107.50 of the SBIC 

Regulations. 

Notice is hereby given that any 

interested person may submit written 

comments on the transaction to the 

Associate Administrator for Investment, 

U.S. Small Business Administration, 

409 Third Street, SW., Washington, DC 

20416. 

Jaime Guzman-Fournier, 

Associate Administrator for Investment. 

[FR Doc. 05–20638 Filed 10–14–05; 8:45 am] 

BILLING CODE 8025–01–P 

SMALL BUSINESS ADMINISTRATION 

[Disaster Declaration # 10180 and # 10181] 

Alabama Disaster Number AL–00003 

AGENCY: Small Business Administration. 

ACTION: Amendment 2. 

SUMMARY: This is an amendment of the 

Presidential declaration of a major 

disaster for the State of Alabama 

(FEMA–1605–DR), dated August 29, 

2005. 

Incident: Hurricane Katrina. 

Incident Period: August 29, 2005 and 

continuing through September 26, 2005. 

Effective Date: September 26, 2005. 

Physical Loan Application Deadline 

Date: October 28, 2005. 

EIDL Loan Application Deadline Date: 

May 29, 2006. 

ADDRESSES: Submit completed loan 

applications to: Small Business 

Administration, Processing and 

Disbursement Center, 14925 Kingsport 

Road, Fort Worth, TX 76155. 

FOR FURTHER INFORMATION CONTACT: A. 

Escobar, Office of Disaster Assistance, 

Small Business Administration, 409 3rd 

Street, Suite 6050, Washington, DC 

20416. 

SUPPLEMENTARY INFORMATION: The notice 

of the President’s major disaster 

declaration for the State of Alabama, 

dated August 29, 2005, is hereby 

amended to establish the incident 

period for this disaster as beginning 

August 29, 2005 and continuing through 

September 26, 2005. 

All other information in the original 

declaration remains unchanged. 

(Catalog of Federal Domestic Assistance 

Numbers 59002 and 59008) 

Herbert L. Mitchell, 

Associate Administrator for Disaster 

Assistance. 

[FR Doc. 05–20643 Filed 10–14–05; 8:45 am] 

BILLING CODE 8025–01–P 

SMALL BUSINESS ADMINISTRATION 

[Disaster Declaration # 10198 and # 10199] 

Florida Disaster Number FL–00009 

AGENCY: Small Business Administration. 

ACTION: Amendment 1. 

SUMMARY: This is an amendment of the 

Administrative declaration of a major 

disaster for the State of Florida, effective 

9/30/2005. 

Incident: Hurricane Katrina. 

Incident Period: 8/25/2005. 

Effective Date: 9/30/2005. 

Physical Loan Application Deadline 

Date: 11/29/2005. 

EIDL Loan Application Deadline Date: 

6/14/2006. 

ADDRESSES: Submit completed loan 

applications to: U.S. Small Business 

Administration, Disaster Area Office 3, 

14925 Kingsport Road, Fort Worth, TX 

76155. 

FOR FURTHER INFORMATION CONTACT: A. 

Escobar, Office of Disaster Assistance, 

U.S. Small Business Administration, 

409 3rd Street, Suite 6050, Washington, 

DC 20416. 

SUPPLEMENTARY INFORMATION: The notice 

of an Administrative declaration for the 

State of Florida, dated 09/14/2005, is 

hereby amended to include the 

following areas as adversely affected by 

the disaster. 

Primary Counties: Broward, Miami-Dade. 

Contiguous Counties: 

Florida: Hendry, Palm Beach. 

All other information in the original 

declaration remains unchanged. 

(Catalog of Federal Domestic Assistance 

Numbers 59002 and 59008) 

Dated: September 30, 2005. 

Hector V. Barreto, 

Administrator. 

[FR Doc. 05–20642 Filed 10–14–05; 8:45 am] 

BILLING CODE 8025–01–P 

SMALL BUSINESS ADMINISTRATION 

[Disaster Declaration # 10205 and # 10206] 

Louisiana Disaster Number LA–00004 

AGENCY: Small Business Administration. 

ACTION: Amendment 4. 

SUMMARY: This is an amendment of the 

Presidential declaration of a major 

disaster for the State of Louisiana 

(FEMA–1607–DR), dated 9/24/2005. 

Incident: Hurricane Rita. 

Incident Period: 9/23/2005 and 

continuing. 

Effective Date: 10/03/2005. 

Physical Loan Application Deadline 

Date: 11/23/2005. 

EIDL Loan Application Deadline Date: 

6/26/2006. 

ADDRESSES: Submit completed loan 

applications to: U.S. Small Business 

Administration, Processing and 

Disbursement Center, 14925 Kingsport 

Road, Fort Worth, TX 76155. 

FOR FURTHER INFORMATION CONTACT: A. 

Escobar, Office of Disaster Assistance, 

U.S. Small Business Administration, 

409 3rd Street, Suite 6050, Washington, 

DC 20416. 

SUPPLEMENTARY INFORMATION: The notice 

of the Presidential disaster declaration 

for the State of Louisiana, dated 09/24/ 

2005, is hereby amended to include the 

following areas as adversely affected by 

the disaster: 

Primary Parishes: Evangeline, Jefferson,