The class exemption permits individual
account pension plans sponsored by Trust Real Estate Investment
Trusts (REITs) or their affiliates to purchase, hold, and sell
publicly trades shares of beneficial interest in the Trust REIT,
subject to conditions.
US Code:
29
USC 1108 Name of Law: Employee Retirement Income Security Act
of 1974
US Code:
26 USC 4975(c)(2) Name of Law: Internal Revenue Code
There have been no program
changes in this exemption since the prior submission; however, the
Department has updated estimates underlying the analysis. The
number of affected trusts and the costs of labor and postage have
all increased, which resulted in an increase in the hour and cost
burdens, when compared with the previous submission.
$0
No
No
No
No
No
Uncollected
Christopher Cosby 202-693-8425
cosby.chris@dol.gov
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.