[Federal Register Volume 77, Number 121 (Friday, June 22, 2012)]
[Notices]
[Pages 37714-37715]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2012-15215]
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DEPARTMENT OF LABOR
Employment and Training Administration
Comment Request for Information Collection for Unemployment
Insurance (UI) Trust Fund Activity Reports, Extension Without Revisions
AGENCY: Employment and Training Administration (ETA), Labor.
ACTION: Notice.
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SUMMARY: The Department of Labor (Department), as part of its
continuing effort to reduce paperwork and respondent burden, conducts a
preclearance consultation program to provide the public and Federal
agencies with an opportunity to comment on proposed and/or continuing
collections of information in accordance with the Paperwork Reduction
Act of 1995 [44 U.S.C. 3506(c)(2)(A)]. This program helps ensure that
requested data can be provided in the desired format, reporting burden
(time and financial resources) is minimized, collection instruments are
clearly understood, and the impact of collection requirements on
respondents can be properly assessed.
Currently, ETA is soliciting comments concerning the collection of
data about UI Trust Fund Activity Reporting, expiring 10/31/2012.
DATES: Written comments must be submitted to the office listed in the
ADDRESSES section below on or before August 21, 2012.
ADDRESSES: Submit written comments to Joe Williams, U.S. Department of
Labor, Employment and Training Administration, Office of Workforce
Security, 200 Constitution Avenue NW., Frances Perkins Bldg., Room S-
4524, Washington, DC 20210, telephone number (202) 693-2928 (this is
not a toll-free number) or by email: [email protected].
Individuals with hearing or speech impairments may access the telephone
number above via TTY by calling the toll-free Federal Information Relay
Service at 1-877-889-5627 (TTY/TDD). A copy of the proposed information
collection request (ICR) can be obtained by contacting the office
listed above.
SUPPLEMENTARY INFORMATION:
I. Background
Section 303(a)(4) of the Social Security Act (SSA) and Section
3304(a)(3) of the Federal Unemployment Tax Act (FUTA) require that all
monies received in the unemployment fund of a state be paid immediately
to the Secretary of Treasury to the credit of the Unemployment Trust
Fund (UTF). This is the ``immediate deposit'' standard.
Section 303(a)(5) of the SSA and Section 3304(a)(4) of the FUTA
require that all monies withdrawn from the UTF be used solely for the
payment of unemployment compensation, exclusive of the expenses of
administration. This is the ``limited withdrawal'' standard.
Federal law (Section 303(a)(6) of the SSA) gives the Secretary of
Labor the authority to require the reporting of information deemed
necessary to assure state compliance with the provisions of the SSA.
Under this authority, the Secretary of Labor requires the following
reports to monitor state compliance with the immediate deposit and
limited withdrawal standards:
ETA 2112: UI Financial Transactions Summary, Unemployment Fund
ETA 8401: Monthly Analysis of Benefit Payment Account
ETA 8403: Summary of Financial Transactions--Title IX Funds
ETA 8403A: Spending Plans for Special Distributions
ETA 8405: Monthly Analysis of Clearing Account
ETA 8413: Income--Expense Analysis UC Fund, Benefit Payment Account
ETA 8414: Income--Expense Analysis UC Fund, Clearing Account
These reports are submitted to the Office of Unemployment Insurance
(OUI) within ETA which uses them to:
Monitor cash flows into and out of the UTF to determine
state compliance with the immediate deposit and limited withdrawal
standards.
Assure proper accounting for unemployment funds, an
integral part of preparing the Department's consolidated financial
statements required by the Chief Financial Officer Act of 1990. The UTF
is the single largest asset and liability on the statements.
Reconcile the Department's records with the U.S. Treasury
records.
Support UI research and actuarial reports analyzing the
solvency of the UTF.
II. Review Focus
The Department seeks renewal of this collection since the reports
are essential to the Department's financial statements and program
oversight responsibilities. The Department is particularly interested
in comments which:
Evaluate whether the proposed collection of information is
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 collection of information, including the
validity of the methodology and assumptions used;
Enhance the quality, utility, and clarity of the
information to be collected; and
Minimize the burden of the collection 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 submissions of responses.
III. Current Actions
Type of Review: Extension without changes.
Title: Unemployment Insurance (UI) Trust Fund Activities Reports.
OMB Number: 1205-0154.
Affected Public: State Workforce Agencies.
Form(s): ETA 2112, 8401, 8405, 8413, 8414, 8403, 8403A.
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Average time
Data collection activity Number of Frequency Total per response Burden hours
respondents responses (in hours)
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Reporting of ETA 2112.......... 53 Monthly........ 636 0.5 318
Reporting of ETA 8401.......... 53 Monthly........ 636 0.5 318
Reporting of ETA 8405.......... 53 Monthly........ 636 0.5 318
[[Page 37715]]
Reporting of ETA 8413.......... 53 Monthly........ 636 0.5 318
Reporting of ETA 8414.......... 53 Monthly........ 636 0.5 318
Reporting of ETA 8403.......... 53 As Needed...... 318 0.5 159
Reporting of ETA 8403A......... 53 As Needed...... 106 0.5 53
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Total...................... .............. ............... 3,604 .............. 1,802
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Total Annual Burden Cost for Respondents: There are no annualized
costs to respondents.
Comments submitted in response to this comment request will be
summarized and/or included in the request for OMB approval of the ICR;
they will also become a matter of public record.
Dated: Signed in Washington, DC, this 15th day of June, 2012.
Jane Oates,
Assistant Secretary for Employment and Training, Labor.
[FR Doc. 2012-15215 Filed 6-21-12; 8:45 am]
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