In accordance with 5 CFR 1320, OMB is filing comment and withholding approval at this time. The agency shall examine public comment in response to the proposed rulemaking and will include in the supporting statement of the next ICR--to be submitted to OMB at the final rule stage--a description of how the agency has responded to any public comments on the ICR, including comments on maximizing the practical utility of the collection and minimizing the burden.
Inventory as of this Action
Requested
Previously Approved
08/31/2019
36 Months From Approved
08/31/2019
141
0
141
56,055
0
56,055
0
0
0
IThe information collected under the FERC-519 enables the Commission to meet its statutory responsibilities regarding public utility disposition, merger, consolidation of facilities, purchase, or acquisition oversight and enforcement in accordance with the FPA as referenced above. Without this information, FERC would be unable to meet these responsibilities.
FERC's regulations require jurisdictional companies to maintain the following types of records: Corporate, Information Technology Management, General Accounting, Personnel and Payroll, Transportation, Tariffs and Rates, Insurance, Operations and Maintenance, Plant and Depreciation, Purchase and Stores, Revenue Accounting and Collection, Tax, Treasury, Miscellaneous. The required information includes descriptions of corporate attributes of the party or parties to the proposed transaction (e.g. a sale, lease, or other disposition, merger, or consolidation of facilities, or purchase of other acquisition of the securities of a public utility and the facilities or other property involved in the transaction), statements about effect of the transaction, and the applicant's proof that the transaction will be consistent with the public interest.
On September 28, 2018, the President signed into law the Act to amend section 203 of the Federal Power Act which includes an amendment to section 203 of the Federal Power Act (FPA) implementing the following two changes that:
⢠Revise Section 203(a)(1)(B) to establish a $10 million threshold for transactions requiring Commission approval under that section; and
⢠Require the Commission to promulgate a rule, â[n]ot later than 180 days after the date of enactment of this paragraph,â that establishes a notification requirement for transactions valued between $1 million and $10 million that would have been subject to the Commissionâs jurisdiction under Section 203(a)(1)(B) absent the newly implemented $10 million threshold.
On September 28, 2018, the President signed into law an amendment to Section 203 of the Federal Power Act (FPA) implementing the following two changes: (1) Revising Section 203(a)(1)(B) to establish a $10 million threshold for transactions requiring Commission approval under that section, and (2) Requiring the Commission to promulgate a rule, â[n]ot later than 180 days after the date of enactment of this paragraph,â that establishes a notification requirement for transactions valued between $1 million and $10 million that would have been subject to the Commissionâs jurisdiction under 203(a)(1)(B) absent the newly implemented $10 million threshold.
There are an estimated 26 respondents who could file full applications over the course of a year, but will now only submit notification filings. Each of those filers (regardless of size) is estimated to submit one response annually, with an estimated burden of 1 hour/response.
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.
Public Law No 115.247.docx
16 USC 824(b).pdf
Application Under Federal Power Act Section 203 (Notification filings due to RM19-4-000 NOPR)