Acquisition and Sale of Trust
Real Estate Investment Trust Shares by Individual Account Plans
Sponsored by Trust Real Estate Investment Trusts
Extension without change of a currently approved collection
No
Regular
02/23/2022
Requested
Previously Approved
36 Months From Approved
04/30/2022
140,700
144,900
7,046
7,257
465,717
459,333
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:
26 USC 4975(c)(2) Name of Law: Internal Revenue Code
US Code: 29
USC 1108 Name of Law: Employee Retirement Income Security Act
of 1974
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 has decreased but the costs of labor have
all increased, which resulted in a decrease in the hour burden with
an increase in the cost burden, when compared to the previous
submission.
$0
No
No
No
No
No
No
No
James Butikofer 202 693-8434
Butikofer.James@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.