10958 Federal Register / Vol. 77, No. 37 / Friday, February 24, 2012 / Rules and Regulations 

SUPPLEMENT NO. 7 TO PART 748—AUTHORIZATION VALIDATED END-USER (VEU); LIST OF VALIDATED END-USERS, 

RESPECTIVE ITEMS ELIGIBLE FOR EXPORT, REEXPORT AND TRANSFER, AND ELIGIBLE DESTINATIONS—Continued 

Country Validated 

end-user 

Eligible items 

(by ECCN) Eligible destination Federal Register citation 

*******

India ........................ GE India Industrial 

Pvt Ltd.

1C002.a.1, 1C002.a.2, 1C002.b.1.a, 

1C002.b.1.b, 1E001, 2E003.f, 

9E003.a.1, 9E003.a.2, 9E003.a.4, 

9E003.a.5, 9E003.a.6, 9E003.a.8, 

and 9E003.c.

GE India Technology Centre Private 

Limited (GEITC), No. 122, EPIP, 

Phase II, Hoodi Village, Whitefield 

Road, Bangalore 560066, 

Karnataka, India.

Bangalore Engineering Center (BEC), 

c/o GE India Technology Centre Private Limited (GEITC), No. 122, 

EPIP, Phase II Hoodi Village, Whitefield Road, Bangalore 560066, 

Karnataka, India.

74 FR 31620, 7/2/09. 

74 FR 68147, 12/23/09. 

77 FR [INSERT FR PAGE NUMBER] 

2/24/12. 

Dated: February 14, 2012. 

Kevin J. Wolf, 

Assistant Secretary for Export 

Administration. 

[FR Doc. 2012–4365 Filed 2–23–12; 8:45 am] 

BILLING CODE 3510–33–P 

DEPARTMENT OF COMMERCE 

Bureau of Economic Analysis 

15 CFR Part 801 

[110817508–2069–2] 

RIN 0691–AA79 

International Services Surveys: BE– 

150, Quarterly Survey of Cross-Border 

Credit, Debit, and Charge Card 

Transactions 

AGENCY: Bureau of Economic Analysis, 

Commerce. 

ACTION: Final rule. 

SUMMARY: This final rule amends the 

regulations of the Bureau of Economic 

Analysis, Department of Commerce 

(BEA) to add new entities that are 

required to report information on the 

BE–150, Quarterly Survey of CrossBorder Credit, Debit, and Charge Card 

Transactions, to change the survey title, 

and to collect data in greater detail. 

Specifically, this rule expands the 

covered entities to include companies 

that operate debit networks based on a 

personal identification number (PIN). 

PIN-based debit network companies will 

be required to report on cross-border 

transactions between U.S. cardholders 

traveling abroad and foreign businesses 

and foreign cardholders traveling in the 

United States and U.S. businesses. This 

change improves the identification of 

cross-border travel transactions. This 

rule also changes 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, 

this rule makes certain changes to the 

BE–150 form to collect data in greater 

detail. The revised BE–150 survey will 

be conducted on a quarterly basis 

beginning with the first quarter of 2012. 

DATES: The final rule is effective March 

26, 2012. 

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 rule 

amends 15 CFR 801.9 to expand the 

covered entities to include companies 

that operate debit networks based on a 

personal identification number (PIN). 

To reflect this change to the regulations, 

this final rule also changes 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, this final rule 

revises the BE–150 survey form to 

collect certain data in greater detail. 

In the October 28, 2011 issue of the 

Federal Register (76 FR 66872–66874), 

BEA published a notice of proposed 

rulemaking that would amend 15 CFR 

801.9(c)(7) to set forth the reporting 

requirements for the BE–150, Quarterly 

Survey of Cross-Border Credit, Debit, 

and Charge Card Transactions. No 

comments were received on the 

proposed rule. Thus, the proposed rule 

is adopted without change. 

Description of Changes 

This final rule amends 15 CFR 

801.9(c)(7) to require companies that 

operate PIN-based debit networks to 

submit information on BE–150, 

Quarterly Survey of Cross-Border Credit, 

Debit, and Charge Card Transactions in 

addition to U.S. credit card companies 

that are required to complete the current 

survey. These companies are 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 revised BE–150 survey 

is mandatory for all U.S. credit card 

companies and PIN-based debit network 

companies. 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. This final rule also 

changes 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 the 

change in companies that are required 

to report. 

BEA also revised the BE–150 survey 

to collect in greater detail certain 

information that was currently collected 

on the BE–150. The revised survey 

distinguishes 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 

improves the identification of crossborder travel transactions. In addition, 

the revised survey disaggregates 

transactions by spending category by 

type of card—personal card, government 

card, and business or corporate card. 

This change provides the detail 

necessary for BEA to publish U.S. 

international travel statistics in 

accordance with international economic 

accounting guidelines. 

Upon the effective date of this rule, 

BEA will conduct the revised BE–150 

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, 22 U.S.C. 3101– 


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Federal Register / Vol. 77, No. 37 / Friday, February 24, 2012 / Rules and Regulations 10959 

3108, hereinafter, ‘‘the Act.’’ BEA will 

begin sending the survey to potential 

respondents in March of 2012; 

responses will be due by May 15, 2012. 

The revised BE–150 survey data will 

be used by BEA to estimate the travel 

component of the U.S. International 

Transactions Accounts. 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, 

will conduct the revised survey under 

the Act, which 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 

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 revised survey will provide a 

basis for compiling the travel account of 

the U.S. International Transactions 

Accounts. 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 on 

the methods these travelers used to pay 

for international travel expenditures. 

With the two data sources, BEA will 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 final rule has been determined to 

be not significant for purposes of E.O. 

12866. 

Executive Order 13132 

This final rule does not contain 

policies with Federalism implications as 

that term is defined under E.O. 13132. 

Paperwork Reduction Act 

The collection-of-information 

requirement in this final rule has been 

approved by the Office of Management 

and Budget (OMB) under control 

Number 0608–0072 pursuant to the 

requirements of the Paperwork 

Reduction Act. 

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 revised BE–150 quarterly survey 

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 varies 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 revised 

BE–150 survey is estimated at 384 

hours. 

Written comments regarding the 

burden-hour estimates or other aspects 

of the collection-of-information 

requirements contained in the final rule 

should be sent to both 

Christopher.emond@bea.gov 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. 

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 rule will 

not have a significant economic impact 

on a substantial number of small 

entities. The factual basis for this 

certification was published with the 

proposed rule and is not repeated here. 

No comments were received regarding 

the economic impact of this rule. As a 

result, final regulatory flexibility 

analysis is not required and none was 

prepared. 

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. 

Dated: February 6, 2012. 

J. Steven Landefeld, 

Director, Bureau of Economic Analysis. 

For the reasons set forth in the 

preamble, BEA amends 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 revising 

paragraph (c)(7) to read as follows: 

§ 801.9 Reports required. 

* * * * * 

(c) * * * 

(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, 


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10960 Federal Register / Vol. 77, No. 37 / Friday, February 24, 2012 / Rules and Regulations 

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. 2012–4352 Filed 2–23–12; 8:45 am] 

BILLING CODE 3510–06–P 

DEPARTMENT OF HOMELAND 

SECURITY 

Coast Guard 

33 CFR Part 117 

[Docket No. USCG–2012–0047] 

Drawbridge Operation Regulation; 

Snake Creek, Islamorada, FL 

AGENCY: Coast Guard, DHS. 

ACTION: Notice of temporary deviation 

from regulations. 

SUMMARY: The Commander, Seventh 

Coast Guard District, has issued a 

temporary deviation from the regulation 

governing the operation of Snake Creek 

Bridge, mile 0.5, across Snake Creek, in 

Islamorada, Florida. The regulation is 

set forth in 33 CFR 117.331. The 

deviation is necessary due to the high 

volume of vehicle traffic anticipated 

during the Annual Nautical Flea Market, 

which will be held in Islamorada, 

Florida on February 25, 2012 and 

February 26, 2012. The deviation will 

result in the bridge only opening to 

navigation at the top of the hour from 

8 a.m. until 5 p.m. daily on February 25, 

2012 and February 26, 2012. At all other 

times on February 25, 2012 and 

February 26, 2012, the bridge will open 

on demand. 

DATES: This deviation is effective from 

8 a.m. on February 25, 2012 through 

5 p.m. on February 26, 2012. 

ADDRESSES: Documents mentioned in 

this preamble as being available in the 

docket are part of docket USCG–2012– 

0047 and are available online by going 

to http://www.regulations.gov, inserting 

USCG–2012–0047 in the ‘‘Keyword’’ 

box and then clicking ‘‘Search’’. They 

are also available for inspection or 

copying at the Docket Management 

Facility (M–30), U.S. Department of 

Transportation, West Building Ground 

Floor, Room W12–140, 1200 New Jersey 

Avenue SE., Washington, DC 20590, 

between 9 a.m. and 5 p.m., Monday 

through Friday, except Federal holidays. 

FOR FURTHER INFORMATION CONTACT: If 

you have questions on this rule, call or 

email Jessica Hopkins, Seventh District 

Bridge Branch, Coast Guard; telephone 

(305) 415–6946, email 

Jessica.R.Hopkins@uscg.mil. If you have 

questions on viewing the docket, call 

Renee V. Wright, Program Manager, 

Docket Operations, telephone (202) 

366–9826. 

SUPPLEMENTARY INFORMATION: The 

Monroe County Sheriff’s Office has 

requested a temporary modification to 

the operating schedule of Snake Creek 

Bridge in Islamorada, Florida. This 

deviation will result in the bridge 

opening only on the top of the hour 

from 8 a.m. to 5 p.m. daily on February 

25, 2012 and February 26, 2012 during 

the Annual Nautical Flea Market. The 

Annual Nautical Flea Market generates 

a high volume of vehicle traffic. 

Opening this bridge on demand in past 

years during the event has resulted in 

significant vehicle congestion. By 

opening the bridge only on the top of 

the hour vehicular congestion will be 

reduced. 

The vertical clearance of Snake Creek 

Bridge, across Snake Creek is 27 feet. 

Vessels with a clearance of less than 

27 feet may pass underneath the bridge 

while it is in the closed position. The 

normal operating schedule for Snake 

Creek Bridge is set forth in 33 CFR 

117.331. 33 CFR 117.331 requires the 

bridge to open on signal; except that 

from 8 a.m. to 4 p.m., the bridge need 

only open on the hour and half-hour. As 

a result of this temporary deviation, 

Snake Creek Bridge will only open to 

navigation on the top of the hour from 

8 a.m. until 5 p.m. daily on February 25, 

2012 and February 26, 2012. At all other 

times on February 25, 2012 and 

February 26, 2012, the bridge will open 

on signal. However, the drawspan will 

open as soon as possible for the passage 

of tugs with tows, vessels in distress, 

and Public vessels of the United States. 

In accordance with 33 CFR 117.35(e), 

the drawbridge must return to its regular 

operating schedule immediately at the 

end of the designated time period. This 

deviation from the operating regulation 

is authorized under 33 CFR 117.35. 

Dated: February 1, 2012. 

B.L. Dragon, 

Bridge Program Director, Seventh Coast 

Guard District. 

[FR Doc. 2012–4392 Filed 2–22–12; 11:15 am] 

BILLING CODE 9110–04–P 

DEPARTMENT OF HOMELAND 

SECURITY 

Coast Guard 

33 CFR Part 165 

[Docket No. USCG–2012–0092] 

RIN 1625–AA87 

Security Zone, East River and Bronx 

Kill; Randalls and Wards Islands, NY 

AGENCY: Coast Guard, DHS. 

ACTION: Temporary final rule. 

SUMMARY: The Coast Guard is 

establishing a temporary security zone 

on the waters of the East River and 

Bronx Kill, in the vicinity of Randalls 

and Wards Islands, New York. This 

security zone is necessary to ensure the 

safety of the President of the United 

States, members of his official party, 

and other senior government officials. 

The zone is intended to restrict vessels 

from a portion of the East River and 

Bronx Kill when public officials are 

scheduled to arrive and depart the area. 

Persons or vessels may not enter this 

security zone without permission of the 

Captain of the Port New York (COTP) or 

the COTP’s designated on-scene 

representative. 

DATES: This rule is effective from 4 p.m. 

until 11:30 p.m. on Thursday, March 1, 

2012. 

ADDRESSES: Documents indicated in this 

preamble as being available in the 

docket are part of docket USCG–2012– 

0092 and are available online by going 

to http://www.regulations.gov, inserting 

USCG–2012–0092 in the ‘‘Keyword’’ 

box, and then clicking ‘‘Search.’’ They 

are also available for inspection or 

copying at the Docket Management 

Facility (M–30), U.S. Department of 

Transportation, West Building Ground 

Floor, Room W12–140, 1200 New Jersey 

Avenue SE., Washington, DC 20590, 

between 9 a.m. and 5 p.m., Monday 

through Friday, except Federal holidays. 

FOR FURTHER INFORMATION CONTACT: If 

you have questions on this temporary 

rule, call or email Mr. Jeff Yunker, 

Waterways Management Division, Coast 

Guard Sector New York; telephone 718– 

354–4195, email 

Jeff.M.Yunker@uscg.mil. If you have 

questions on viewing the docket, call 

Renee V. Wright, Program Manager, 

Docket Operations, telephone 202–366– 

9826. 

SUPPLEMENTARY INFORMATION: 

Regulatory Information 

The Coast Guard is issuing this 

temporary final rule without prior 


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