FERC-519, Application Under
Federal Power Act Section 203
Extension without change of a currently approved collection
No
Regular
02/15/2022
Requested
Previously Approved
36 Months From Approved
04/30/2022
134
141
43,474
45,744
0
0
In this final rule, the Commission
amends its regulations to establish that a public utility must seek
authorization under amended section 203(a)(1)(B) of the Federal
Power Act (FPA) to merge or consolidate, directly or indirectly,
its facilities subject to the jurisdiction of the Commission, or
any part thereof, with the facilities of any other person, or any
part thereof, that are subject to the jurisdiction of the
Commission and have a value in excess of $10 million, by any means
whatsoever. In addition, as required by the Act, the Commission
establishes a requirement to submit a notification filing for
mergers or consolidations by a public utility if the facilities to
be acquired have a value in excess of $1 million and such public
utility is not required to secure Commission authorization under
amended section 203(a)(1)(B). The information collected under the
FERC-519 enables the Commission to meet its statutory
responsibilities regarding public utility disposition, merger,
consolidation of facilities, purchase, or acquisition oversight and
enforcement in accordance with the FPA as referenced above. Without
this information, FERC would be unable to meet these
responsibilities. The required information includes descriptions of
corporate attributes of the party or parties to the proposed
transaction (e.g. a sale, lease, or other disposition, merger, or
consolidation of facilities, or purchase of other acquisition of
the securities of a public utility and the facilities or other
property involved in the transaction), statements about effect of
the transaction, and the applicant's proof that the transaction
will be consistent with the public interest.
US Code:
16
USC 824b Name of Law: Federal Power Act
PL: Pub.L. 115 - 247 3152 Name of Law: “An
Act to amend section 203 of the Federal Power Act” (Act)
The annual number of responses
changes from year to year depending on industry merger, acquisition
and disposition activity. The reduction in responses are based on
industry activity and submittals to FERC; the reporting
requirements have not changed. The number of responses reduced from
141 to 134.
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.