PTE 76-1 permits multiemployer employee benefit plans under specific conditions to negotiate with contributing employer to accept delinquent contributions and settle delinquencies; to make construction loans to contributing employers; and to lease property and purchase services and goods from parties in interest, including contributing employers and employee associations. PTE 77-10 expands the scope of relief provided under PTE 76-1 part C, for leasing property and purchasing goods and services. PTE 78-6 provides an exemption to multiemployer apprenticeship plans for purchasing personal property or leasing real property from a contributing employer. All three exemptions impose recordkeeping requirements on plans as a condition to availability of the relief.
There have been no program changes to the exemptions since the last submission. The only adjustments to the burden analysis arise from new data on the number of multiemployer plans eligible to rely on the exemptions, taken from the 2002 Form 5500 filings, which has resulted in a lower annual hour burden estimate. The information collections included in this ICR have been disaggregated into three separate ICs in order to present more clearly the separate groups of respondents, although all respondents are within the same type of affected public (private sector, for profit).
$0
No
No
Uncollected
Uncollected
Uncollected
Uncollected
Susan Lahne 202 693-8500
No
On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control number;
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.
PTE76-1ss06.doc
Prohibited Transaction Class Exemption for Multiemployer Apprenticeship Plans: PTE 78-6