FERC Form No. 561, Annual Report of Interlocking Directorates

Forms and Documents

Forms and supporting documents for this ICR

Document	Type	Status	Availability
Form 561 Annual Report of Interlocking Directorates	Form	Modified	Available
Supporting Statement FERC-561 7.19.docx	Supporting Statement A	Uploaded 2017-07-19	Available
IC17-9_510_583_FedReg2017-15089.pdf	Supplementary Document	Uploaded 2017-07-19	Available
FERC 30-day Consolidation.doc	Supplementary Document	Uploaded 2017-07-13	Available
18 CFR 46.4.PNG	Supplementary Document	Uploaded 2017-07-11	Available
CFR-2017-title18-vol1-part46.pdf	Supplementary Document	Uploaded 2017-07-11	Available
16 USC 824d.pdf	Supplementary Document	Uploaded 2017-07-11	Available
FERC 561 FR 60-day notice.pdf	Supplementary Document	Uploaded 2017-07-11	Available
FERC 510, 520, 561, 583 60-day notice.doc	Supplementary Document	Uploaded 2017-07-11	Available

IC Document Collections

Information collection document groups

IC ID	Collection	Type	Status	Form
23084	Annual Report of Interlocking Directorates	Form	Modified

ICR Details

OMB Control No: 1902-0099	ICR Reference No: 201707-1902-003
Status: Historical Active	Previous ICR Reference No: 201406-1902-008
Agency/Subagency: FERC	Agency Tracking No: FERC-561
Title: FERC Form No. 561, Annual Report of Interlocking Directorates
Type of Information Collection: Extension without change of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 10/19/2017
	Date Received in OIRA: 07/19/2017
Terms of Clearance: In accordance with 5 CFR 1320, the information collection is approved for three years.

table that charts list comparision

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	10/31/2020	36 Months From Approved	10/31/2017
Responses	2,700	0	2,675
Time Burden (Hours)	675	0	669
Cost Burden (Dollars)	0	0	0

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Abstract: The information the Commission collects with the FERC Form 561 (Annual Report of Interlocking Positions) responds to the FPA requirements for annual reporting of similar types of positions public utility officers and directors hold with financial institution, insurance companies, utility equipment and fuel providers, and with any of an electric utility's 20 largest purchasers of electric energy (i.e. the 20 entities with high expenditures of electricity). The FPA specifically defines most of the information elements in the Form 561 including the information that must be filed, the required filers, the directive to make the information available to the public, and the filing deadline. The Commission uses the information collected by the Form 561 to implement the FPA requirement that those who are authorized to hold interlocked directorates annually disclose all the interlocked positions held within the prior year. The Form 561 data identifies persons holding interlocking positions between public utilities and other entities, allows the Commission to review these interlocking positions, and allows identification of possible conflicts of interest.

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Authorizing Statute(s): US Code: 16 USC 825(d) Name of Law: Federal Power Act
  

Citations for New Statutory Requirements: None

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

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Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	82 FR 16191	04/03/2017
30-day Notice:	Federal Register Citation:	Citation Date:
	82 FR 33102	07/19/2017
Did the Agency receive public comments on this ICR? No

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Number of Information Collection (IC) in this ICR: 1

table that charts list of burden

IC Title	Form No.	Form Name
Annual Report of Interlocking Directorates	561	Annual Report of Interlocking Positions

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ICR Summary of Burden

table that charts list of burden

	Total Approved	Previously Approved	Change Due to New Statute	Change Due to Agency Discretion	Change Due to Adjustment in Estimate	Change Due to Potential Violation of the PRA
Annual Number of Responses	2,700	2,675	0	0	25	0
Annual Time Burden (Hours)	675	669	0	0	6	0
Annual Cost Burden (Dollars)	0	0	0	0	0	0

Burden increases because of Program Change due to Agency Discretion: No

Burden Increase Due to:

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement: There are no changes in the information collection requirements and no program changes to the figures. However there are ‘adjustments in estimates’ for some of the components. The Commission expects to process approximately 2,700 (rather than 2,675) responses this year. The change in the estimated number of responses reflects normal fluctuations in industry and the economy. In addition, based on additional information, the Commission is adjusting the estimated burden per filing (or per response) to 675 hours (rather than 669 hours). This adjustment in estimated burden per response also increases the total burden by 6 hours.

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Annual Cost to Federal Government: $164,468

Does this IC contain surveys, censuses, or employ statistical methods? No

Does this ICR request any personally identifiable information (see OMB Circular No. A-130 for an explanation of this term)? Please consult with your agency's privacy program when making this determination.     No

Does this ICR include a form that requires a Privacy Act Statement (see 5 U.S.C. §552a(e)(3))? Please consult with your agency's privacy program when making this determination.     No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? No

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? No

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

Is this ICR related to the Pandemic Response? Uncollected

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Common Form ICR:  No

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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:

(a) It is necessary for the proper performance of agency functions;

(b) It avoids unnecessary duplication;

(c) It reduces burden on small entities;

(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;

(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;

(f) It indicates the retention periods for recordkeeping requirements;

(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:

(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;

(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.

(i) It uses effective and efficient statistical survey methodology (if applicable); and

(j) It makes appropriate use of information technology.

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.

Certification Date: 07/19/2017

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