Notice2024-27473
Commission Information Collection Activities (FERC-523); Comment Request; Extension
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
November 25, 2024
Issuing agencies
Energy DepartmentFederal Energy Regulatory Commission
Abstract
In compliance with the requirements of the Paperwork Reduction Act of 1995, the Federal Energy Regulatory Commission (Commission or FERC) is soliciting public comment on a renewal of currently approved information collection, FERC-523 (Application for Authorization for the Issuance of Securities or the Assumption of Liabilities). There were no comments received on the 60-day notice that ended on November 12, 2024.
Full Text
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<title>Federal Register, Volume 89 Issue 227 (Monday, November 25, 2024)</title>
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[Federal Register Volume 89, Number 227 (Monday, November 25, 2024)]
[Notices]
[Pages 92925-92926]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-27473]
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DEPARTMENT OF ENERGY
Federal Energy Regulatory Commission
[Docket No. IC24-28-000]
Commission Information Collection Activities (FERC-523); Comment
Request; Extension
AGENCY: Federal Energy Regulatory Commission, DOE.
ACTION: Notice of information collection and request for comments.
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SUMMARY: In compliance with the requirements of the Paperwork Reduction
Act of 1995, the Federal Energy Regulatory Commission (Commission or
FERC) is soliciting public comment on a renewal of currently approved
information collection, FERC-523 (Application for Authorization for the
Issuance of Securities or the Assumption of Liabilities). There were no
comments received on the 60-day notice that ended on November 12, 2024.
DATES: Comments on the collection of information are due December 26,
2024.
ADDRESSES: Send written comments on FERC-523 to OMB through
<a href="http://www.reginfo.gov/public/do/PRAMain">www.reginfo.gov/public/do/PRAMain</a>. Attention: Federal Energy Regulatory
Commission Desk Officer. Please identify the OMB Control Number (1902-
0043) in the subject line of your comments. Comments should be sent
within 30 days of publication of this notice to <a href="http://www.reginfo.gov/public/do/PRAMain">www.reginfo.gov/public/do/PRAMain</a>.
Please submit copies of your comments to the Commission. You may
submit copies of your comments (identified by Docket No. IC24-28-000)
by one of the following methods:
Electronic filing through <a href="https://www.ferc.gov">https://www.ferc.gov</a>, is preferred.
<bullet> Electronic Filing: Documents must be filed in acceptable
native applications and print-to-PDF, but not in scanned or picture
format.
<bullet> For those unable to file electronically, comments may be
filed by USPS mail or by other delivery methods:
[cir] Mail via U.S. Postal Service Only: Federal Energy Regulatory
Commission, Secretary of the Commission, 888 First Street NE,
Washington, DC 20426.
[cir] All other delivery methods: Federal Energy Regulatory
Commission, Secretary of the Commission, 12225 Wilkins Avenue,
Rockville, MD 20852.
Instructions: OMB submissions must be formatted and filed in
accordance with submission guidelines at <a href="http://www.reginfo.gov/public/do/PRAMain">www.reginfo.gov/public/do/PRAMain</a>. Using the search function under the ``Currently Under Review''
field, select Federal Energy Regulatory Commission; click ``submit,''
and select ``comment'' to the right of the subject collection.
FERC submissions must be formatted and filed in accordance with
submission guidelines at: <a href="https://www.ferc.gov/ferc-online/overview">https://www.ferc.gov/ferc-online/overview</a>.
For user assistance, contact FERC Online Support by email at
<a href="/cdn-cgi/l/email-protection#15737067767a7b797c7b70666065657a676155737067763b727a63"><span class="__cf_email__" data-cfemail="e68083948589888a8f888395939696899492a680839485c8818990">[email protected]</span></a>, or by phone at: (866) 208-3676 (toll-free).
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 <a href="https://www.ferc.gov/ferc-online/overview">https://www.ferc.gov/ferc-online/overview</a>.
FOR FURTHER INFORMATION CONTACT: Kayla Willams may be reached by email
at <a href="/cdn-cgi/l/email-protection#54103520351738313526353a373114121106177a333b22"><span class="__cf_email__" data-cfemail="7337120712301f161201121d101633353621305d141c05">[email protected]</span></a>, telephone at (202) 502-6468.
[[Page 92926]]
SUPPLEMENTARY INFORMATION: Title: FERC-523, Application for
Authorization for the Issuance of Securities or the Assumption of
Liabilities.
OMB Control No.: 1902-0043.
Type of Request: Three-year approval of the FERC-523 information
collection requirements with no changes to the current reporting
requirements.
Abstract: The information collected by FERC-523 is required to
implement the statutory provisions of section 204 of the Federal Power
Act (FPA) (16 U.S.C. 824c). Under section 204 of the FPA, 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 issuance or
assumption of the liability. The Commission issues an order if it finds
that such issuance 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 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. This information is
filed electronically.
Type of Respondents: Public utilities subject to the Federal Power
Act.
Estimate of Annual Burden \1\ and Cost: \2\ The Commission
estimates the reduction in the annual public reporting burden for the
FERC-523, as follows:
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\1\ Burden is defined 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, refer to 5 CFR 1320.3.
\2\ Commission staff estimates that the industry's skill set and
cost (for wages and benefits) for FERC-523 are approximately the
same as the Commission's average cost. The FERC 2024 average salary
plus benefits for one FERC full-time equivalent (FTE) is $207,786/
year (or $100.00/hour).
FERC-523--Application for Authorization for Issuance of Securities or the Assumption of Liabilities
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Annual number of
Number of respondents responses per Total number of Average burden hrs. & Total annual burden hrs. Cost per respondent ($)
respondent responses cost ($) per response & total annual cost ($)
(1) (2) (1) * (2) = (3)......... (3) * (4) = (5)......... (5) / (1))
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72................................... 1 72 70 hrs.; $7,000......... 5,040 hrs.; $504,000.... $7,000
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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: November 18, 2024.
Debbie-Anne A. Reese,
Secretary.
[FR Doc. 2024-27473 Filed 11-22-24; 8:45 am]
BILLING CODE 6717-01-P
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