18798 Federal Register / Vol. 78, No. 60 / Thursday, March 28, 2013 / Rules and Regulations 

1026.52(a)(1) does not permit the card 

issuer to charge a $2.50 cash advance 

fee to the account. Furthermore, 

§ 1026.52(a)(1) prohibits the card issuer 

from collecting the $2.50 cash advance 

fee from the consumer by other means. 

ii. Assume that, under the terms of a 

credit card account, a consumer is 

required to pay $125 in fees for the 

issuance or availability of credit during 

the first year after account opening. At 

account opening on January 1 of year 

one, the credit limit for the account is 

$500. Section 1026.52(a)(1) permits the 

card issuer to charge the $125 in fees to 

the account. However, § 1026.52(a)(1) 

prohibits the card issuer from requiring 

the consumer to make payments to the 

card issuer for additional non-exempt 

fees with respect to the account during 

the first year after account opening. 

Section 1026.52(a)(1) also prohibits the 

card issuer from requiring the consumer 

to open a separate credit account with 

the card issuer to fund the payment of 

additional non-exempt fees during the 

first year after the credit card account is 

opened. 

* * * * * 

3. Changes in credit limit during first 

year. 

i. Increases in credit limit. If a card 

issuer increases the credit limit during 

the first year after the account is 

opened, § 1026.52(a)(1) does not permit 

the card issuer to require the consumer 

to pay additional fees that would 

otherwise be prohibited (such as a fee 

for increasing the credit limit). For 

example, assume that, at account 

opening on January 1, the credit limit 

for a credit card account is $400 and the 

consumer is required to pay $100 in fees 

for the issuance or availability of credit. 

On July 1, the card issuer increases the 

credit limit for the account to $600. 

Section 1026.52(a)(1) does not permit 

the card issuer to require the consumer 

to pay additional fees based on the 

increased credit limit. 

ii. Decreases in credit limit. If a card 

issuer decreases the credit limit during 

the first year after the account is 

opened, § 1026.52(a)(1) requires the card 

issuer to waive or remove any fees 

charged to the account that exceed 25 

percent of the reduced credit limit or to 

credit the account for an amount equal 

to any fees the consumer was required 

to pay with respect to the account that 

exceed 25 percent of the reduced credit 

limit within a reasonable amount of 

time but no later than the end of the 

billing cycle following the billing cycle 

during which the credit limit was 

reduced. For example, assume that, at 

account opening on January 1, the credit 

limit for a credit card account is $1,000 

and the consumer is required to pay 

$250 in fees for the issuance or 

availability of credit. The billing cycles 

for the account begin on the first day of 

the month and end on the last day of the 

month. On July 30, the card issuer 

decreases the credit limit for the 

account to $600. Section 1026.52(a)(1) 

requires the card issuer to waive or 

remove $100 in fees from the account or 

to credit the account for an amount 

equal to $100 within a reasonable 

amount of time but no later than August 

31. 

* * * * * 

52(a)(2) Fees not subject to 

limitations. 

1. Covered fees. Except as provided in 

§ 1026.52(a)(2), § 1026.52(a) applies to 

any fees or other charges that a card 

issuer will or may require the consumer 

to pay with respect to a credit card 

account during the first year after 

account opening, other than charges 

attributable to periodic interest rates. 

For example, § 1026.52(a) applies to: 

i. Fees that the consumer is required 

to pay for the issuance or availability of 

credit described in § 1026.60(b)(2), 

including any fee based on account 

activity or inactivity and any fee that a 

consumer is required to pay in order to 

receive a particular credit limit; 

ii. Fees for insurance described in 

§ 1026.4(b)(7) or debt cancellation or 

debt suspension coverage described in 

§ 1026.4(b)(10) written in connection 

with a credit transaction, if the 

insurance or debt cancellation or debt 

suspension coverage is required by the 

terms of the account; 

iii. Fees that the consumer is required 

to pay in order to engage in transactions 

using the account (such as cash advance 

fees, balance transfer fees, foreign 

transaction fees, and fees for using the 

account for purchases); 

iv. Fees that the consumer is required 

to pay for violating the terms of the 

account (except to the extent 

specifically excluded by 

§ 1026.52(a)(2)(i)); 

v. Fixed finance charges; and 

vi. Minimum charges imposed if a 

charge would otherwise have been 

determined by applying a periodic 

interest rate to a balance except for the 

fact that such charge is smaller than the 

minimum. 

* * * * * 

Dated: March 22, 2013. 

Richard Cordray, 

Director, Bureau of Consumer Financial 

Protection. 

[FR Doc. 2013–07066 Filed 3–27–13; 8:45 am] 

BILLING CODE 4810–AM–P 

DEPARTMENT OF TRANSPORTATION 

Federal Aviation Administration 

14 CFR Part 71 

[Docket No. FAA–2011–1434; Airspace 

Docket No. 11–ACE–27] 

Amendment of Class E Airspace; West 

Union, IA 

AGENCY: Federal Aviation 

Administration (FAA), DOT. 

ACTION: Final rule. 

SUMMARY: This action amends Class E 

airspace at West Union, IA. 

Decommissioning of the West Union 

non-directional beacon (NDB) at George 

L. Scott Municipal Airport has made 

reconfiguration necessary for standard 

instrument approach procedures and for 

the safety and management of 

Instrument Flight Rule (IFR) operations 

at the airport. 

DATES: Effective date: 0901 UTC, June 

27, 2013. The Director of the Federal 

Register approves this incorporation by 

reference action under 1 CFR part 51, 

subject to the annual revision of FAA 

Order 7400.9 and publication of 

conforming amendments. 

FOR FURTHER INFORMATION CONTACT: 

Scott Enander, Central Service Center, 

Operations Support Group, Federal 

Aviation Administration, Southwest 

Region, 2601 Meacham Blvd., Fort 

Worth, TX 76137; telephone 817–321– 

7716. 

SUPPLEMENTARY INFORMATION: 

History 

On November 30, 2012, the FAA 

published in the Federal Register a 

notice of proposed rulemaking (NPRM) 

to amend Class E airspace for the West 

Union, IA, area, creating additional 

controlled airspace at George L. Scott 

Municipal Airport (77 FR 71361) Docket 

No. FAA–2011–1434. Interested parties 

were invited to participate in this 

rulemaking effort by submitting written 

comments on the proposal to the FAA. 

No comments were received. Class E 

airspace designations are published in 

paragraph 6005 of FAA Order 7400.9W 

dated August 8, 2012, and effective 

September 15, 2012, which is 

incorporated by reference in 14 CFR 

71.1. The Class E airspace designations 

listed in this document will be 

published subsequently in the Order. 

The Rule 

This action amends Title 14 Code of 

Federal Regulations (14 CFR) Part 71 by 

amending Class E airspace extending 

upward from 700 feet above the surface 


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Federal Register / Vol. 78, No. 60 / Thursday, March 28, 2013 / Rules and Regulations 18799 

at George L. Scott Municipal Airport, 

West Union, IA. Decommissioning of 

the West Union non-directional beacon 

(NDB) at George L. Scott Municipal 

Airport has made reconfiguration 

necessary for standard instrument 

approach procedures and for the safety 

and management of Instrument Flight 

Rule (IFR) operations within a 6.4-mile 

radius of the airport. 

The FAA has determined that this 

regulation only involves an established 

body of technical regulations for which 

frequent and routine amendments are 

necessary to keep them operationally 

current. Therefore, this regulation: (1) Is 

not a ‘‘significant regulatory action’’ 

under Executive Order 12866; (2) is not 

a ‘‘significant rule’’ under DOT 

Regulatory Policies and Procedures 

(44 FR 11034; February 26, 1979); and 

(3) does not warrant preparation of a 

regulatory evaluation as the anticipated 

impact is so minimal. Since this is a 

routine matter that will only affect air 

traffic procedures and air navigation, it 

is certified that this rule, when 

promulgated, will not have a significant 

economic impact on a substantial 

number of small entities under the 

criteria of the Regulatory Flexibility Act. 

The FAA’s authority to issue rules 

regarding aviation safety is found in 

Title 49 of the U.S. Code. Subtitle 1, 

Section 106, describes the authority of 

the FAA Administrator. Subtitle VII, 

Aviation Programs, describes in more 

detail the scope of the agency’s 

authority. This rulemaking is 

promulgated under the authority 

described in Subtitle VII, Part A, 

Subpart I, Section 40103. Under that 

section, the FAA is charged with 

prescribing regulations to assign the use 

of airspace necessary to ensure the 

safety of aircraft and the efficient use of 

airspace. This regulation is within the 

scope of that authority as it amends 

controlled airspace at George L. Scott 

Municipal Airport, West Union, IA. 

Environmental Review 

The FAA has determined that this 

action qualifies for categorical exclusion 

under the National Environmental 

Policy Act in accordance with FAA 

Order 1050.1E, ‘‘Environmental 

Impacts: Policies and Procedures,’’ 

paragraph 311a. This airspace action is 

not expected to cause any potentially 

significant environmental impacts, and 

no extraordinary circumstances exist 

that warrant preparation of an 

environmental assessment. 

List of Subjects in 14 CFR Part 71 

Airspace, Incorporation by reference, 

Navigation (Air). 

Adoption of the Amendment 

In consideration of the foregoing, the 

Federal Aviation Administration 

amends 14 CFR part 71 as follows: 

PART 71—DESIGNATION OF CLASS A, 

B, C, D, AND E AIRSPACE AREAS; AIR 

TRAFFIC SERVICE ROUTES; AND 

REPORTING POINTS 

■ 1. The authority citation for 14 CFR 

part 71 continues to read as follows: 

Authority: 49 U.S.C. 106(g), 40103, 40113, 

40120; E.O. 10854, 24 FR 9565, 3 CFR, 1959– 

1963 Comp., p. 389. 

§ 71.1 [Amended] 

■ 2. The incorporation by reference in 

14 CFR 71.1 of the Federal Aviation 

Administration Order 7400.9W, 

Airspace Designations and Reporting 

Points, dated August 8, 2012, and 

effective September 15, 2012, is 

amended as follows: 

Paragraph 6005 Class E airspace areas 

extending upward from 700 feet or more 

above the surface. 

* * * * * 

ACE IA E5 West Union, IA [Amended] 

West Union, George L. Scott Municipal 

Airport, IA 

(Lat. 42°59′06′′ N., long. 91°47′26′′ W.) 

That airspace extending upward from 700 

feet above the surface within a 6.4-mile 

radius of George L. Scott Municipal Airport. 

Issued in Fort Worth, Texas, on March 15, 

2013. 

David P. Medina, 

Manager, Operations Support Group, ATO 

Central Service Center. 

[FR Doc. 2013–06908 Filed 3–27–13; 8:45 am] 

BILLING CODE 4910–13–P 

DEPARTMENT OF TRANSPORTATION 

Federal Aviation Administration 

14 CFR Part 71 

[Docket No. FAA–2012–0656; Airspace 

Docket No. 12–AGL–5] 

Amendment of Class E Airspace; 

Superior, WI 

AGENCY: Federal Aviation 

Administration (FAA), DOT. 

ACTION: Final rule. 

SUMMARY: This action amends Class E 

airspace at Superior, WI. Additional 

controlled airspace is necessary to 

accommodate new Area Navigation 

(RNAV) Standard Instrument Approach 

Procedures at Richard I. Bong Airport. 

The airport’s geographic coordinates are 

also adjusted. The FAA is taking this 

action to enhance the safety and 

management of Instrument Flight Rule 

(IFR) operations at the airport. 

DATES: Effective date: 0901 UTC, June 

27, 2013. The Director of the Federal 

Register approves this incorporation by 

reference action under 1 CFR part 51, 

subject to the annual revision of FAA 

Order 7400.9 and publication of 

conforming amendments. 

FOR FURTHER INFORMATION CONTACT: 

Scott Enander, Central Service Center, 

Operations Support Group, Federal 

Aviation Administration, Southwest 

Region, 2601 Meacham Blvd., Fort 

Worth, TX 76137; telephone 817–321– 

7716. 

SUPPLEMENTARY INFORMATION: 

History 

On November 30, 2012, the FAA 

published in the Federal Register a 

notice of proposed rulemaking (NPRM) 

to amend Class E airspace for the 

Superior, WI, area, creating additional 

controlled airspace at Richard I. Bong 

Airport (77 FR 71363) Docket No. FAA– 

2012–0656. Interested parties were 

invited to participate in this rulemaking 

effort by submitting written comments 

on the proposal to the FAA. No 

comments were received. Class E 

airspace designations are published in 

paragraph 6005 of FAA Order 7400.9W 

dated August 8, 2012, and effective 

September 15, 2012, which is 

incorporated by reference in 14 CFR 

71.1. The Class E airspace designations 

listed in this document will be 

published subsequently in the Order. 

The Rule 

This action amends Title 14 Code of 

Federal Regulations (14 CFR) Part 71 by 

amending Class E airspace extending 

upward from 700 feet above the surface 

to ensure that required controlled 

airspace exists from the 6.7-mile radius 

of the airport to 12.2 miles southeast of 

the airport to contain aircraft executing 

new standard instrument approach 

procedures at Richard I. Bong Airport, 

Superior, WI. This action enhances the 

safety and management of IFR 

operations at the airport. Geographic 

coordinates of the airport are also 

updated to coincide with the FAA’s 

aeronautical database. 

The FAA has determined that this 

regulation only involves an established 

body of technical regulations for which 

frequent and routine amendments are 

necessary to keep them operationally 

current. Therefore, this regulation: (1) Is 

not a ‘‘significant regulatory action’’ 

under Executive Order 12866; (2) is not 

a ‘‘significant rule’’ under DOT 

Regulatory Policies and Procedures (44 

FR 11034; February 26, 1979); and (3) 


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