Document ID: FERC-2014-0673-0001
Agency: ferc
Document Type: Notice
Title: Agency Information Collection Activities; Proposals, Submissions, and Approvals
Posted Date: 2014-05-28T04:00Z

[Federal Register Volume 79, Number 102 (Wednesday, May 28, 2014)]
[Notices]
[Pages 30599-30600]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2014-12194]

-----------------------------------------------------------------------

DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission

[Docket No. IC14-12-000]

Commission Information Collection Activities (FERC-523); Comment 
Request; Extension

AGENCY: Federal Energy Regulatory Commission, DOE.

ACTION: Notice of information collection and request for comments.

-----------------------------------------------------------------------

SUMMARY: In compliance with the requirements of the Paperwork Reduction 
Act of 1995, 44 USC 3506(c)(2)(A), the Federal Energy Regulatory 
Commission (Commission or FERC) is soliciting public comment on the 
currently approved information collection, FERC-523, Applications for 
Authorization for Issuance of Securities or the Assumption of 
Liabilities.

    Note: This 60-day notice is correcting an erroneous burden 
estimate that was published in the Federal Register on 5/14/2014 (79 
FR 27589). That published notice contained data concerning two other 
FERC collections: FERC Form 2 (OMB Control No. 1902-0028) and FERC 
Form 2A (OMB Control No. 1902-0030). These collections are also 
being renewed, but they are completely unrelated to the FERC-523. 
The burden estimations for the FERC Form 2 and Form 2A are 
unaffected by this notice. Please see the Estimate of Annual Burden 
section below for the corrected burden estimate for FERC-523. 
Comments for all three collections will be due by the date listed in 
this notice.

DATES: Comments on the collections of information are due July 28, 
2014.

ADDRESSES: You may submit comments (identified by Docket No. IC14-12-
000) by either of the following methods:
     eFiling at Commission's Web site: http://www.ferc.gov/docs-filing/efiling.asp.
     Mail/Hand Delivery/Courier: Federal Energy Regulatory 
Commission, Secretary of the Commission, 888 First Street NE., 
Washington, DC 20426.
    Instructions: All submissions must be formatted and filed in 
accordance with submission guidelines at: http://www.ferc.gov/help/submission-guide.asp. For user assistance contact FERC Online Support 
by email at ferconlinesupport@ferc.gov, or by phone at: (866) 208-3676 
(toll-free), or (202) 502-8659 for TTY.
    Docket: Users interested in receiving automatic notification of 
activity in this docket or in viewing/downloading comments and 
issuances in this docket may do so at http://www.ferc.gov/docs-filing/docs-filing.asp.

FOR FURTHER INFORMATION CONTACT: Ellen Brown may be reached by email at 
DataClearance@FERC.gov, telephone at (202) 502-8663, and fax at (202) 
273-0873.

SUPPLEMENTARY INFORMATION:
    Title: Applications for Authorization for Issuance of Securities or 
the Assumption of Liabilities
    OMB Control No.: 1902-0082.
    Type of Request: Three-year extension of the FERC-523 information 
collection requirements with no changes to the current reporting 
requirements.
    Abstract: Under Federal Power Act (FPA) section 204, 16 U.S.C. 
824c, no public utility or licensee shall issue any security, or assume 
any obligation or liability as guarantor, endorser, surety, or 
otherwise in respect of any security of another person, until the 
public utility applies for and receives Commission approval by order 
authorizing the issue or assumption of the liability. The Commission 
issues an order if it finds that such issue or assumption (a) is for 
lawful object, within the corporate purposes of the applicant and 
compatible with the public interest, which is necessary or appropriate 
for or consistent with the proper performance by the applicant as a 
public utility, and which will not impair its ability to perform that 
service, and (b) is reasonably necessary or appropriate for such 
purposes.
    The Commission uses the information contained in filings to 
determine its acceptance and/or rejection of applications for 
authorization to either issue securities or to assume an obligation or 
liability by the public utilities and their licensees who submit these 
applications.
    The specific application requirements and filing format are found 
at 18 CFR Part 34; and 18 CFR 131.43 and 131.50. The information is 
filed electronically.
    Type of Respondents: Public utilities subject to the FPA.

[[Page 30600]]

    Estimate of Annual Burden: \1\ The Commission estimates the annual 
public reporting burden for the information collection as:
---------------------------------------------------------------------------

    \1\ The Commission defines burden as the total time, effort, or 
financial resources expended by persons to generate, maintain, 
retain, or disclose or provide information to or for a Federal 
agency. For further explanation of what is included in the 
information collection burden, reference 5 Code of Federal 
Regulations 1320.3.

                          FERC-523--Applications for Authorization for Issuance of Securities or the Assumption of Liabilities
--------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                              Average      Total annual
                                                          Number of      Annual  number   Total  number   burden &  cost  burden hours &     Cost per
                                                         respondents     of  responses    of  responses    per  response   total annual     respondent
                                                                        per  respondent                         \2\            cost             ($)
                                                                  (1)              (2)      (1)*(2)=(3)              (4)     (3)*(4)=(5)         (5)/(1)
--------------------------------------------------------------------------------------------------------------------------------------------------------
FERC-523.............................................              56                1               56               70           3,920          $4,935
                                                                                                                  $4,935        $276,360  ..............
--------------------------------------------------------------------------------------------------------------------------------------------------------

     
---------------------------------------------------------------------------

    \2\ The estimates for cost per response are derived using the 
following formula: Average Burden Hours per Response * $70.50 per 
Hour = Average Cost per Response. The hourly cost figure of $70.50 
is the average FERC employee wage plus benefits. We assume that 
respondents earn at a similar rate.
---------------------------------------------------------------------------

    Comments: Comments are invited on: (1) Whether the collection of 
information is necessary for the proper performance of the functions of 
the Commission, including whether the information will have practical 
utility; (2) the accuracy of the agency's estimate of the burden and 
cost of the collection of information, including the validity of the 
methodology and assumptions used; (3) ways to enhance the quality, 
utility and clarity of the information collection; and (4) ways to 
minimize the burden of the collection of information on those who are 
to respond, including the use of automated collection techniques or 
other forms of information technology.

    Dated: May 19, 2014.
Kimberly D. Bose,
Secretary.
[FR Doc. 2014-12194 Filed 5-27-14; 8:45 am]
BILLING CODE 6717-01-P