66872 Federal Register / Vol. 76, No. 209 / Friday, October 28, 2011 / Proposed Rules 

Availability of NPRMs 

An electronic copy of this document 

may be downloaded from and 

comments submitted through 

http://www.regulations.gov. Recently 

published rulemaking documents can 

also be accessed through the FAA’s Web 

page at http://www.faa.gov/ 

airports_airtraffic/air_traffic/ 

publications/airspace_amendments/. 

You may review the public docket 

containing the proposal, any comments 

received and any final disposition in 

person in the Dockets Office (see the 

ADDRESSES section for address and 

phone number) between 9 a.m. and 

5 p.m., Monday through Friday, except 

Federal holidays. An informal docket 

may also be examined during normal 

business hours at the office of the 

Eastern Service Center, Federal Aviation 

Administration, room 350, 1701 

Columbia Avenue, College Park, Georgia 

30337. 

Persons interested in being placed on 

a mailing list for future NPRMs should 

contact the FAA’s Office of Rulemaking, 

(202) 267–9677, to request a copy of 

Advisory Circular No. 11–2A, Notice of 

Proposed Rulemaking distribution 

System, which describes the application 

procedure. 

The Proposal 

The FAA is considering an 

amendment to Title 14, Code of Federal 

Regulations (14 CFR) part 71 to establish 

Class E airspace at Inverness, FL, 

providing the controlled airspace 

required to support the new RNAV 

(GPS) standard instrument approach 

procedures for Inverness Airport. 

Controlled airspace extending upward 

from 700 feet above the surface would 

be established for the safety and 

management of IFR operations at the 

airport. 

Class E airspace designations are 

published in Paragraph 6005 of FAA 

order 7400.9V, dated August 9, 2011, 

and effective September 15, 2011, which 

is incorporated by reference in 14 CFR 

71.1. The Class E airspace designation 

listed in this document will be 

published subsequently in the Order. 

The FAA has determined that this 

proposed regulation only involves an 

established body of technical 

regulations for which frequent and 

routine amendments are necessary to 

keep them operationally current. It, 

therefore, (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 

proposed rule, when promulgated, 

would 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 United States Code. 

Subtitle I, 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 proposed 

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 proposed regulation is 

within the scope of that authority as it 

would establish Class E airspace at 

Inverness Airport, Inverness, FL. 

Lists of Subjects in 14 CFR Part 71 

Airspace, Incorporation by reference, 

Navigation (air). 

The Proposed Amendment 

In consideration of the foregoing, the 

Federal Aviation Administration 

proposes to amend 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 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 Federal Aviation 

Administration Order 7400.9V, Airspace 

Designations and Reporting Points, 

dated August 9, 2011, effective 

September 15, 2011, is amended as 

follows: 

Paragraph 6005 Class E airspace areas 

extending upward from 700 feet or more 

above the surface of the earth. 

* * * * * 

ASO FL E5 Inverness, FL [New] 

Inverness Airport, FL 

(Lat. 28°48′22′′ N., long. 82°19′09′′ W.) 

That airspace extending upward from 700 

feet above the surface within a 6.5-mile 

radius of Inverness Airport. 

Issued in College Park, Georgia, on October 

21, 2011. 

Michael Vermuth, 

Acting Manager, Operations Support Group, 

Eastern Service Center, Air Traffic 

Organization. 

[FR Doc. 2011–27966 Filed 10–27–11; 8:45 am] 

BILLING CODE 4910–13–P 

DEPARTMENT OF COMMERCE 

Bureau of Economic Analysis 

15 CFR Part 801 

[Docket No. 110817508–1529–01] 

RIN 0691–AA79 

International Services Surveys: 

Amendments to the BE–150, Quarterly 

Survey of Cross-Border Credit, Debit, 

and Charge Card Transactions 

AGENCY: Bureau of Economic Analysis, 

Commerce. 

ACTION: Notice of proposed rulemaking. 

SUMMARY: This proposed rule would 

amend the regulations of the Bureau of 

Economic Analysis, Department of 

Commerce (BEA) to add new entities 

that would be required to report 

information on the BE–150, Quarterly 

Survey of Cross-Border Credit, Debit, 

and Charge Card Transactions. 

Specifically, this rule would expand the 

covered entities to include companies 

that operate personal identification 

number (PIN)-based debit networks. As 

proposed, PIN-based debit network 

companies would be required to report 

on cross-border transactions between (1) 

U.S. cardholders traveling abroad and 

foreign businesses and (2) foreign 

cardholders traveling in the United 

States and U.S. businesses. BEA is 

proposing this change to improve the 

identification of cross-border travel 

transactions. BEA also proposes to 

change the survey title from Quarterly 

Survey of Cross-Border Credit, Debit, 

and Charge Card Transactions to 

Quarterly Survey of Payment Card and 

Bank Card Transactions Related to 

International Travel to reflect this 

change to the regulations. In addition, 

BEA proposes to make certain changes 

to the data collected on the BE–150 form 

to collect them in greater detail. If these 

changes are approved, the BE–150 

survey would be conducted on a 

quarterly basis beginning with the first 

quarter of 2012. 

DATES: Comments on this proposed rule 

will receive consideration if submitted 

in writing on or before 5 p.m. December 

27, 2011. 


tkelley on DSK3SPTVN1PROD with PROPOSALS
Federal Register / Vol. 76, No. 209 / Friday, October 28, 2011 / Proposed Rules 66873 

ADDRESSES: You may submit comments 

by any of the following methods: 

• Federal eRulemaking Portal: http:// 

www.regulations.gov. Follow the 

instructions for submitting comments. 

For agency, select ‘‘Commerce 

Department—all.’’ 

• Email: 

Christopher.Emond@bea.gov. 

• Fax: Chris Emond, Chief, Special 

Surveys Branch, (202) 606–5318. 

• Mail: Chris Emond, Chief, Special 

Surveys Branch, Balance of Payments 

Division, U.S. Department of Commerce, 

Bureau of Economic Analysis, BE–50, 

Washington, DC 20230. 

• Hand Delivery/Courier: Chris 

Emond, Chief, Special Surveys Branch, 

Balance of Payments Division, U.S. 

Department of Commerce, Bureau of 

Economic Analysis, BE–50, Shipping 

and Receiving Section, M100, 1441 L 

Street, NW., Washington, DC 20005. 

Please include in your comment a 

reference to RIN 0691–AA79 in the 

subject line. 

Written comments regarding the 

burden-hour estimates or other aspects 

of the collection-of-information 

requirements contained in the proposed 

rule should be sent both to BEA, 

through any of the methods listed 

above, and to the Office of Management 

and Budget, O.I.R.A., Paperwork 

Reduction Project, Attention PRA Desk 

Officer for BEA, via email at 

pbugg@omb.eop.gov, or by FAX at (202) 

395–7245. 

Public Inspection: All comments 

received are a part of the public record 

and will generally be posted to http:// 

www.regulations.gov without change. 

All personal identifying information (for 

example, name, address, etc.) 

voluntarily submitted by the 

commentator may be publicly 

accessible. Do not submit confidential 

business information or otherwise 

sensitive or protected information. BEA 

will accept anonymous comments. 

FOR FURTHER INFORMATION CONTACT: 

Chris Emond, Chief, Special Surveys 

Branch, Balance of Payments Division 

(BE–50), Bureau of Economic Analysis, 

U.S. Department of Commerce, 

Washington, DC 20230; email 

Christopher.Emond@bea.gov; or phone 

(202) 606–9826. 

SUPPLEMENTARY INFORMATION: This 

proposed rule would amend BEA’s 

regulations at 15 CFR 801.9 to expand 

the types of entities that are required to 

submit information on BE–150, 

Quarterly Survey of Cross-Border Credit, 

Debit, and Charge Card Transactions to 

include companies that operate personal 

identification number (PIN)-based debit 

networks. To reflect this change to the 

regulations, BEA also proposes to 

change the title of the form from 

Quarterly Survey of Cross-Border Credit, 

Debit, and Charge Card Transactions to 

Quarterly Survey of Payment Card and 

Bank Card Transactions Related to 

International Travel. In addition, BEA 

revises the BE–150 survey form to 

collect certain data in greater detail. 

The Department of Commerce, as part 

of its continuing effort to reduce 

paperwork and respondent burden, 

invites the general public and other 

Federal agencies to comment on 

proposed and/or continuing information 

collections, as required by the 

Paperwork Reduction Act of 1995. 

Description of Changes 

BEA proposes to amend 15 CFR 

801.9(c)(7) to require companies that 

operate personal identification number 

(PIN)-based debit networks to submit 

information on BE–150, Quarterly 

Survey of Cross-Border Credit, Debit, 

and Charge Card Transactions. If this 

change is adopted, PIN-based debit 

network companies would be required 

to submit information on cross-border 

transactions between (1) U.S. 

cardholders traveling abroad and foreign 

businesses and (2) foreign cardholders 

traveling in the United States and U.S. 

businesses. The survey as proposed 

would be mandatory for all PIN-based 

debit network companies as it is for the 

U.S. credit card companies that are 

currently required to complete the 

survey. The PIN-based debit network 

companies have been added to the list 

of required reporters to close a gap in 

the coverage of international travel 

transactions. BEA also proposes to 

change the title of the form from 

Quarterly Survey of Cross-Border Credit, 

Debit, and Charge Card Transactions to 

Quarterly Survey of Payment Card and 

Bank Card Transactions Related to 

International Travel to reflect this 

change. 

In addition, BEA proposes to make 

certain changes to the information 

collected on the BE–150 form. As 

proposed, the BE–150 would collect the 

same information as the current BE–150, 

but in greater detail. The proposed 

survey would distinguish between 

transactions when the bank or payment 

card is present at the point of sale and 

when the bank or payment card is not 

present at the point of sale. This change 

would improve the identification of 

cross-border travel transactions. In 

addition, the survey would disaggregate 

transactions by spending category by 

type of card—personal card versus 

government, business or corporate card. 

This change would provide the detail 

necessary for BEA to publish U.S. 

international travel statistics in 

accordance with international economic 

accounting guidelines. 

The BE–150 survey proposed in this 

rule would be conducted by BEA on a 

quarterly basis, beginning with 

transactions for the first quarter of 2012, 

under the authority provided in the 

International Investment and Trade in 

Services Survey Act (Pub. L. 94–472. 90 

Stat. 2059, 22 U.S.C. 3101–3108), 

hereinafter, ‘‘the Act.’’ The proposed 

BE–150 survey would be mandatory for 

both U.S. credit card and PIN-based 

debit network companies. If this rule is 

implemented, BEA would begin sending 

the survey to potential respondents in 

March of 2012; responses would be due 

by May 15, 2012. 

The proposed BE–150 survey data 

will be used by BEA to estimate the 

travel component of the U.S. 

International Transactions Accounts 

(ITAs). In constructing the estimates, 

these data will be used in conjunction 

with data BEA collected separately from 

U.S. and foreign travelers on the Survey 

of International Travel Expenditures 

about the methods these travelers used 

to pay for their international travel, such 

as credit, debit, and charge card 

purchases, cash withdrawals, currency 

brought from home, and travelers’ 

checks. 

BEA maintains a continuing dialogue 

with respondents and with data users, 

including its own internal users, to 

ensure that, as far as possible, the 

required data serve their intended 

purposes and are available from the 

existing records, that instructions are 

clear, and that unreasonable burdens are 

not imposed. In reaching decisions on 

what questions to include in the survey, 

BEA considered the Government’s need 

for the data, the burden imposed on 

respondents, the quality of the likely 

responses (for example, whether the 

data are available on respondents’ 

books), and BEA’s experience in 

previous annual and quarterly surveys. 

Survey Background 

The Bureau of Economic Analysis 

(BEA), U.S. Department of Commerce, 

would conduct the survey under the 

International Investment and Trade in 

Services Survey Act (22 U.S.C. 3101– 

3108), hereinafter, ‘‘the Act.’’ Section 

4(a) of the Act (22 U.S.C. 3103(a)) 

provides that the President shall, to the 

extent he deems necessary and feasible, 

conduct a regular data collection 

program to secure current information 

related to international investment and 

trade in services and publish for the use 

of the general public and United States 

Government agencies periodic, regular, 

and comprehensive statistical 


tkelley on DSK3SPTVN1PROD with PROPOSALS
66874 Federal Register / Vol. 76, No. 209 / Friday, October 28, 2011 / Proposed Rules 

information collected pursuant to this 

subsection. 

In section 3 of Executive Order 11961, 

as amended by Executive Orders 12318 

and 12518, the President delegated the 

responsibilities under the Act for 

performing functions concerning 

international trade in services to the 

Secretary of Commerce, who has 

redelegated them to BEA. 

The survey would provide a basis for 

compiling the travel account of the 

United States international transactions 

accounts. In constructing the estimates, 

these data would be used in conjunction 

with data BEA collected separately from 

U.S. and foreign travelers on the Survey 

of International Travel Expenditures on 

the methods these travelers used to pay 

for international travel expenditures. 

With the two data sources, BEA would 

be able to estimate total expenditures by 

foreign travelers in the United States 

(U.S. exports) and total expenditures by 

U.S. travelers abroad (U.S. imports) by 

country and region. 

Executive Order 12866 

This proposed rule has been 

determined to be not significant for 

purposes of E.O. 12866. 

Executive Order 13132 

This proposed rule does not contain 

policies with Federalism implications as 

that term is defined under E.O. 13132. 

Paperwork Reduction Act 

This proposed rule contains a 

collection-of-information requirement 

subject to review and approval by the 

Office of Management and Budget 

(OMB) under the Paperwork Reduction 

Act. The requirement will be submitted 

to OMB as a request for a new collection 

of information. 

Notwithstanding any other provisions 

of the law, no person is required to 

respond to, nor shall any person be 

subject to a penalty for failure to comply 

with, a collection of information subject 

to the requirements of the Paperwork 

Reduction Act unless that collection 

displays a currently valid Office of 

Management and Budget Control 

Number. 

The BE–150 quarterly survey, as 

proposed, is expected to result in the 

filing of reports from six respondents on 

a quarterly basis, or 24 reports annually. 

The respondent burden for this 

collection of information would vary 

from one respondent to another, but is 

estimated to average 16 hours per 

response (64 hours annually), including 

time for reviewing the instructions, 

searching existing data sources, 

gathering and maintaining the data 

needed, and completing and reviewing 

the collection of information. Thus, the 

total respondent burden for the BE–150 

survey is estimated at 384 hours. 

Comments are requested concerning: 

(a) Whether the proposed collection of 

information is necessary for the proper 

performance of the functions of the 

agency, including whether the 

information will have practical utility; 

(b) the accuracy of the burden estimate; 

(c) ways to enhance the quality, utility, 

and clarity of the information collected; 

and (d) ways to minimize the burden of 

the collection of information on the 

respondents, including the use of 

automated collection techniques or 

other forms of information technology. 

Written comments regarding the 

burden-hour estimates or other aspects 

of the collection-of-information 

requirements contained in the proposed 

rule should be sent to both BEA and 

OMB following the instructions given in 

the ADDRESSES section above. 

Regulatory Flexibility Act 

The Chief Counsel for Regulation, 

Department of Commerce, has certified 

to the Chief Counsel for Advocacy, 

Small Business Administration, under 

provisions of the Regulatory Flexibility 

Act (5 U.S.C. 605(b)), that this proposed 

rulemaking, if adopted, will not have a 

significant economic impact on a 

substantial number of small entities. A 

description of the changes proposed by 

this rule are described in the preamble 

and are not repeated here. 

BEA estimates that this rule would 

not have an impact on any small entities 

as the BE–150 survey would be 

mandatory for only those U.S. credit 

card companies that operate networks 

used to clear and settle credit card 

transactions between issuing banks and 

acquiring banks, and PIN-based debit 

network companies. BEA estimates that 

there are only six companies that would 

be subject to this rule. Of the six 

companies, none is considered to be a 

small entity under the Small Business 

Administration’s Table of Small 

Business Size Standards. All six 

companies are corporations that exceed 

the maximum annual revenue threshold 

to be considered a small entity. Because 

no small businesses are subject to 

reporting, the Chief Counsel for 

Regulation certifies that this proposed 

rule would not have a significant 

economic impact on a substantial 

number of small entities. 

List of Subjects in 15 CFR Part 801 

International transactions, Economic 

statistics, Foreign trade, Penalties, 

Reporting and recordkeeping 

requirements, Travel expenses, CrossBorder transactions, Credit card, and 

Debit card. 

J. Steven Landefeld, 

Director, Bureau of Economic Analysis. 

For the reasons set forth in the 

preamble, BEA proposes to amend 15 

CFR Part 801, as follows: 

PART 801—SURVEY OF 

INTERNATIONAL TRADE IN SERVICES 

BETWEEN U.S. AND FOREIGN 

PERSONS 

1. The authority citation for 15 CFR 

Part 801 continues to read as follows: 

Authority: 5 U.S.C. 301; 15 U.S.C. 4908; 

22 U.S.C. 3101–3108; and E.O. 11961, 3 CFR, 

1977 Comp., p. 86, as amended by E.O. 

12318, 3 CFR, 1981 Comp., p. 173, and E.O. 

12518, 3 CFR, 1985 Comp., p. 348. 

2. Amend § 801.9 by adding 

paragraph (c)(7): 

§ 801.9 Reports required. 

(c) Quarterly surveys. * * * 

(7) BE–150, Quarterly Survey of 

Payment Card and Bank Card 

Transactions Related to International 

Travel: 

(i) A BE–150, Quarterly Survey of 

Payment Card and Bank Card 

Transactions Related to International 

Travel will be conducted covering the 

first quarter of the 2012 calendar year 

and every quarter thereafter. 

(A) Who must report. A BE–150 report 

is required from each U.S. company that 

operates networks for clearing and 

settling credit card transactions made by 

U.S. cardholders in foreign countries 

and by foreign cardholders in the 

United States and from PIN-based debit 

network companies. Each reporting 

company must complete all applicable 

parts of the BE–150 form before 

transmitting it to BEA. Issuing banks, 

acquiring banks, and individual 

cardholders are not required to report. 

(B) Covered Transactions. The BE– 

150 survey collects aggregate 

information on the use of credit, debit, 

and charge cards by U.S. cardholders 

when traveling abroad and foreign 

cardholders when traveling in the 

United States. Data are collected by the 

type of transaction, by type of card, by 

spending category, and by country. 

(ii) [Reserved] 

[FR Doc. 2011–27938 Filed 10–27–11; 8:45 am] 

BILLING CODE 3510–06–P 


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