Paperwork Reduction Act: Updated List of Approved Information Collections and Removal of a Redundant Reporting Requirement, 40602-40605 [2011-17356]
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40602
Federal Register / Vol. 76, No. 132 / Monday, July 11, 2011 / Rules and Regulations
Campbellsville, KY, Taylor County, VOR/
DME–A, Amdt 6
Springfield, KY, Lebanon-Springfield, RNAV
(GPS) RWY 11, Orig
Springfield, KY, Lebanon-Springfield, RNAV
(GPS) RWY 29, Orig
Abbeville, LA, Abbeville Chris Crusta
Memorial, RNAV (GPS) RWY 16, Amdt 1
Abbeville, LA, Abbeville Chris Crusta
Memorial, RNAV (GPS) RWY 34, Amdt 1
Abbeville, LA, Abbeville Chris Crusta
Memorial, Takeoff Minimums and Obstacle
DP, Orig
De Ridder, LA, Beauregard Rgnl, RADAR 1,
Orig-A, CANCELLED
Beverly, MA, Beverly Muni, RNAV (GPS)
RWY 16, Amdt 1
Oakland, MD, Garrett County, RNAV (GPS)
RWY 9, Amdt 1
Oakland, MD, Garrett County, RNAV (GPS)
RWY 27, Amdt 1
Owosso, MI, Owosso Community, RNAV
(GPS) RWY 11, Amdt 1A
Owosso, MI, Owosso Community, RNAV
(GPS) RWY 29, Amdt 1A
Owosso, MI, Owosso Community, VOR/DME
RWY 29, Amdt 1A
Sault Ste Marie, MI, Sault Ste Marie Muni/
Sanderson Field, RNAV (GPS) RWY 14,
Orig
Sault Ste Marie, MI, Sault Ste Marie Muni/
Sanderson Field, RNAV (GPS) RWY 32,
Orig
Sault Ste Marie, MI, Sault Ste Marie Muni/
Sanderson Field, Takeoff Minimums and
Obstacle DP, Orig
Sault Ste Marie, MI, Sault Ste Marie Muni/
Sanderson Field, VOR RWY 32, Amdt 3
Hibbing, MN, Range Rgnl, RNAV (GPS) RWY
13, Amdt 1
Hibbing, MN, Range Rgnl, RNAV (GPS) RWY
31, Amdt 1
Maple Lake, MN, Maple Lake Muni, GPS
RWY 28, Orig, CANCELLED
Maple Lake, MN, Maple Lake Muni, RNAV
(GPS) RWY 28, Orig
Orr, MN, Orr Rgnl, GPS RWY 13, Orig,
CANCELLED
Orr, MN, Orr Rgnl, RNAV (GPS) RWY 13,
Orig
Ortonville, MN, Ortonville Muni-Martinson
Field, GPS RWY 34, Orig, CANCELLED
Ortonville, MN, Ortonville Muni-Martinson
Field, RNAV (GPS) RWY 34, Orig
Sauk Centre, MN, Sauk Centre Muni, GPS
RWY 32, Orig, CANCELLED
Sauk Centre, MN, Sauk Centre Muni, RNAV
(GPS) RWY 32, Orig
Sauk Centre, MN, Sauk Centre Muni, Takeoff
Minimums and Obstacle DP, Orig
Neosho, MO, Neosho Hugh Robinson,
Takeoff Minimums and Obstacle DP, Amdt
1
Shelby, MT, Shelby, RNAV (GPS) RWY 23,
Amdt 1
Plymouth, NC, Plymouth Muni, GPS RWY 3,
Orig, CANCELLED
Plymouth, NC, Plymouth Muni, GPS RWY
21, Orig, CANCELLED
Plymouth, NC, Plymouth Muni, RNAV (GPS)
RWY 3, Orig
Plymouth, NC, Plymouth Muni, RNAV (GPS)
RWY 21, Orig
Battle Mountain, NV, Battle Mountain, VOR–
A, Amdt 5
Las Vegas, NV, Henderson Executive, RNAV
(GPS)-B, Amdt 1A
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Shirley, NY, Brookhaven, RNAV (GPS) RWY
6, Amdt 2
Cincinnati, OH, Cincinnati-Blue Ash, Takeoff
Minimums and Obstacle DP, Amdt 1
Stigler, OK, Stigler Rgnl, GPS RWY 17, OrigA, CANCELLED
Stigler, OK, Stigler Rgnl, GPS RWY 35, OrigA, CANCELLED
Stigler, OK, Stigler Rgnl, RNAV (GPS) RWY
17, Orig
Stigler, OK, Stigler Rgnl, RNAV (GPS) RWY
35, Orig
Lancaster, PA, Lancaster, RNAV (GPS) RWY
13, Orig
Lancaster, PA, Lancaster, RNAV (GPS) RWY
26, Amdt 2
Lancaster, PA, Lancaster, RNAV (GPS) RWY
31, Amdt 1
Aguadilla, PR, Rafael Hernandez, VOR/DME
or TACAN RWY 8, Amdt 3
College Station, TX, Easterwood Field, RNAV
(GPS) RWY 10, Amdt 1
College Station, TX, Easterwood Field, RNAV
(GPS) RWY 16, Amdt 1
College Station, TX, Easterwood Field, RNAV
(GPS) RWY 28, Amdt 1
College Station, TX, Easterwood Field, RNAV
(GPS) RWY 34, Amdt 1
Crosbyton, TX, Crosbyton Muni, GPS RWY
35, Orig-B, CANCELLED
Crosbyton, TX, Crosbyton Muni, RNAV (GPS)
RWY 17, Orig
Crosbyton, TX, Crosbyton Muni, RNAV (GPS)
RWY 35, Orig
Houston, TX, David Wayne Hooks Memorial,
LOC RWY 17R, Amdt 2
Lockhart, TX, Lockhart Muni, GPS RWY 18,
Orig, CANCELLED
Lockhart, TX, Lockhart Muni, GPS RWY 36,
Orig-C, CANCELLED
Lockhart, TX, Lockhart Muni, RNAV (GPS)
RWY 18, Orig
Lockhart, TX, Lockhart Muni, RNAV (GPS)
RWY 36, Orig
Lockhart, TX, Lockhart Muni, Takeoff
Minimums and Obstacle DP, Orig
Midland, TX, Midland Airpark, RNAV (GPS)
RWY 25, Orig
Delta, UT, Delta Muni, RNAV (GPS) RWY 17,
Amdt 1
Delta, UT, Delta Muni, RNAV (GPS) RWY 35,
Amdt 1
Roanoke, VA, Roanoke Rgnl/Woodrum Field,
ILS OR LOC RWY 34, Amdt 13
Roanoke, VA, Roanoke Rgnl/Woodrum Field,
LDA RWY 6, Amdt 10
Roanoke, VA, Roanoke Rgnl/Woodrum Field,
RNAV (GPS) RWY 6, Amdt 1
Roanoke, VA, Roanoke Rgnl/Woodrum Field,
RNAV (GPS) RWY 24, Amdt 1
Roanoke, VA, Roanoke Rgnl/Woodrum Field,
RNAV (GPS) RWY 34, Amdt 1
Roanoke, VA, Roanoke Rgnl/Woodrum Field,
Takeoff Minimums and Obstacle DP, Amdt
9
Roanoke, VA, Roanoke Rgnl/Woodrum Field,
VOR/DME–A, Amdt 7
Roanoke, VA, Roanoke Rgnl/Woodrum Field,
VOR/NDB RWY 34, Amdt 1
Arlington, WA, Arlington Muni, LOC RWY
34, Amdt 5
Arlington, WA, Arlington Muni, NDB RWY
34, Amdt 4
Arlington, WA, Arlington Muni, RNAV (GPS)
RWY 34, Orig
Arlington, WA, Arlington Muni, Takeoff
Minimums & Obstacle DP, Amdt 3
PO 00000
Frm 00010
Fmt 4700
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Bellingham, WA, Bellingham Intl, ILS OR
LOC RWY 16, Amdt 5B
La Crosse, WI, La Crosse Muni, RNAV (GPS)
RWY 3, Amdt 1
Madison, WI, Dane County Rgnl-Truax Field,
ILS OR LOC/DME RWY 18, Amdt 1
Madison, WI, Dane County Rgnl-Truax Field,
ILS OR LOC/DME RWY 36, Amdt 1
Madison, WI, Dane County Rgnl-Truax Field,
RNAV (GPS) RWY 18, Amdt 2
Madison, WI, Dane County Rgnl-Truax Field,
RNAV (GPS) RWY 36, Amdt 2
Milwaukee, WI, Lawrence J Timmerman,
RNAV (GPS) RWY 4L, Orig
Milwaukee, WI, Lawrence J Timmerman,
RNAV (GPS) RWY 22R, Orig-A
Beckley, WV, Raleigh County Memorial, ILS
OR LOC RWY 19, Amdt 6
Beckley, WV, Raleigh County Memorial,
RNAV (GPS) RWY 1, Amdt 1
Beckley, WV, Raleigh County Memorial,
RNAV (GPS) RWY 10, Amdt 1
Beckley, WV, Raleigh County Memorial,
RNAV (GPS) RWY 19, Amdt 1
Beckley, WV, Raleigh County Memorial,
RNAV (GPS) RWY 28, Amdt 1
Ravenswood, WV, Jackson County, GPS RWY
4, Orig, CANCELLED
Ravenswood, WV, Jackson County, GPS RWY
22, Orig, CANCELLED
Ravenswood, WV, Jackson County, RNAV
(GPS) RWY 4, Orig
Ravenswood, WV, Jackson County, RNAV
(GPS) RWY 22, Orig
Ravenswood, WV, Jackson County, Takeoff
Minimums and Obstacle DP, Amdt 2
[FR Doc. 2011–16784 Filed 7–8–11; 8:45 am]
BILLING CODE 4910–13–P
DEPARTMENT OF COMMERCE
Bureau of Industry and Security
15 CFR Parts 730, 748 and 754
[Docket No. 110224166–1212–01]
RIN 0694–AF08
Paperwork Reduction Act: Updated
List of Approved Information
Collections and Removal of a
Redundant Reporting Requirement
Bureau of Industry and
Security, Commerce.
ACTION: Final rule.
AGENCY:
This rule makes several
technical amendments to the Export
Administration Regulations (EAR). This
rule corrects one omission of a
publication date in the authority
citation paragraph of part 730 of the
Export Administration Regulations. It
revises the address of the Bureau of
Industry and Security’s (BIS) Western
Regional Office at two places in the EAR
to reflect the recent relocation of that
office. Additionally, this rule updates
the table of authorized information
collection control numbers in
SUMMARY:
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Federal Register / Vol. 76, No. 132 / Monday, July 11, 2011 / Rules and Regulations
Supplement No. 1 to part 730 of the
EAR to reflect consolidation of several
authorizations relating to license
exceptions and exclusions into a single
authorization with a single control
number. Finally, this rule removes a
requirement to report to BIS certain
exports of oil transported from the
North Slope of Alaska over Federal
rights-of-way granted pursuant to
section 203 of the Trans-Alaska Pipeline
Authorization Act because BIS can now
obtain this information from the
Automated Export System (AES).
DATES: This rule is effective July 11,
2011.
FOR FURTHER INFORMATION CONTACT:
William Arvin, Regulatory Policy
Division, Office of Exporter Services,
e-mail william.arvin@bis.doc.gov,
telephone (202) 482–2440.
SUPPLEMENTARY INFORMATION:
Background
Through this rule, BIS is undertaking
the following actions:
Adding Omitted Date to an Authority
Citation
In a previous rule that, inter alia,
updated the authority citation paragraph
for part 730 of the EAR (76 FR 21631,
April 18, 2011), BIS inadvertently
omitted the publication date of the most
recent Presidential notice listed in that
paragraph. This rule corrects the
omission by adding the date ‘‘January
18, 2011’’ to the end of the authority
citation paragraph for part 730 of the
EAR.
Updating Address and Telephone
Number
Recently, BIS’s Western Regional
Office moved to a new location. This
rule revises § 730.8(c) of the EAR to
include the address and telephone
number of the new location.
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Consolidation of Information
Collections
Supplement No. 1 to part 730 of the
EAR contains a table that lists approved
information collections that are related
to the EAR. In 2010, the Office of
Management and Budget approved BIS’s
requests to consolidate approved
information collections that relate
license exceptions or other exemptions
from EAR requirements into a single
approved collection with OMB control
number 0694–0137, entitled ‘‘License
Exemptions and Exclusions.’’
Accordingly, this rule removes the
entries for OMB control numbers 0694–
0023, 0694–0025, 0694–0027, 0694–
0029, 0694–0033, 0694–0086, 0694–
0101, 0694–0104, 0694–0106, 0694–
VerDate Mar<15>2010
15:08 Jul 08, 2011
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0123 and 0694–0133 from the table and
adds an entry for control number 0694–
0137.
Removal of Redundant Reporting
Requirement
In 1996, the Department of Commerce
created License Exception TAPS to
authorize the export of crude oil from
the North Slope of Alaska and
transported over Federal rights-of-way
granted pursuant to section 203 of the
Trans-Alaska Pipeline Authorization
Act (61 FR 27255, May 31, 1996). This
license exception required exporters to
submit to the Bureau of Export
Administration (the predecessor of BIS)
a copy of the same Shippers Export
Declaration that the exporter was
required to submit to U.S. Customs for
transmittal to the Bureau of the Census.
Subsequently, U.S. Customs and the
Bureau of the Census developed AES,
and required all exporters to use it to
electronically submit export related
information that had previously been
submitted via paper declaration. In
2010, the Bureau of the Census gave BIS
authorization to access AES data
specific to individual transactions. This
authorization gave BIS access, via the
AES system, to export data connected
with License Exception TAPS. Due to
this new access, BIS concluded that the
separate reporting requirement created
by the TAPS License Exception was
redundant. Accordingly, this rule
removes that reporting requirement
from § 754.2 of the EAR.
Rulemaking Requirements
1. Executive Orders 13563 and 12866
direct agencies to assess all costs and
benefits of available regulatory
alternatives and, if regulation is
necessary, to select regulatory
approaches that maximize net benefits
(including potential economic,
environmental, public health and safety
effects, distributive impacts, and
equity). This rule reduces regulatory
burdens on the public and accomplishes
the goals of Executive Order 13563. This
rule has been determined to be not
significant for purposes of Executive
Order 12866.
2. Notwithstanding any other
provision of law, no person is required
to respond to, nor is subject to a penalty
for failure to comply with, a collection
of information, subject to the
requirements of the Paperwork
Reduction Act of 1995 (44 U.S.C. 3501
et seq.) (PRA), unless that collection of
information displays a currently valid
Office of Management and Budget
(OMB) Control Number. This rule
affects a collection of information
approved by OMB under control
PO 00000
Frm 00011
Fmt 4700
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40603
number 0607–0137: License Exemptions
and Exclusions. BIS estimates that this
rule will reduce the burden associated
with that collection by 10 hours
annually. Send comments regarding this
burden estimate or any other aspect of
this collection of information, including
suggestions for reducing the burden, to
Jasmeet Seehra, Office of Management
and Budget (OMB), by e-mail to
jseehra@omb.eop.gov, or by fax to (202)
395–7285; and to the Regulatory Policy
Division, Bureau of Industry and
Security, Department of Commerce,
Room 2099B, 14th Street and
Pennsylvania Ave., NW., Washington,
DC 20230 or by e-mail to
publiccomments@bis.doc.gov.
3. This rule does not contain policies
with Federalism implications as that
term is defined under E.O. 13132.
4. BIS finds that there is good cause
under 5 U.S.C. 553(b)(3)(B) to waive the
provisions of the Administrative
Procedure Act requiring prior notice
and the opportunity for public comment
because they are unnecessary. This rule
(1) updates a statement of legal
authority to state completely the
authority conferred by a Presidential
decision; (2) updates an address and
telephone number to accurately reflect
current information about BIS’s Western
Regional Office; (3) updates a table of
approved information collections to
reflect decisions already made by the
Office of Management and Budget; and
(4) removes a requirement that certain
exporters submit directly to BIS
information that those same exporters
are also required to submit to the
government via the AES and that is now
available to BIS via that same system.
This rule makes no changes to the rights
of any person under the EAR, nor does
it impose any additional burdens or
requirements on the public. The only
change that this rule makes to any
person’s obligations under the EAR is to
relieve some exporters of the
requirement to report to BIS information
that they have reported to another
government agency and to which BIS
now has ready access.
In addition, the 30-day delay in
effectiveness required by 5 U.S.C. 553(d)
is unnecessary and contrary to the
public interest here, where BIS is
updating an authority citation, an
address and telephone number and the
approved collections table because these
are technical changes that do not alter
any right, duty, obligation or prohibition
that applies to any person under the
EAR. The 30-day delay is inapplicable
to the removal of the redundant
reporting requirement that this rule
provides because such removal grants
an exemption from a requirement.
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Federal Register / Vol. 76, No. 132 / Monday, July 11, 2011 / Rules and Regulations
Moreover, any delay in the effective
date of the contact information for BIS’s
office may cause public confusion and/
or errors by the public; thus delaying
the effective date of this regulation is
contrary to the public interest.
No other law requires that notice of
proposed rulemaking and an
opportunity for public comment be
given for this rule; therefore, the
analytical requirements of the
Regulatory Flexibility Act (5 U.S.C. 601
et seq.) are not applicable.
List of Subjects
15 CFR Part 730
Administrative practice and
procedure, Advisory committees,
Exports, Reporting and recordkeeping
requirements, Strategic and critical
materials.
15 CFR Part 748
Administrative practice and
procedure, Exports, Reporting and
recordkeeping requirements.
15 CFR Part 754
Agricultural commodities, Exports,
Forests and forest products, Horses,
Petroleum, Reporting and recordkeeping
requirements.
Accordingly, the Export
Administration Regulations (15 CFR
parts 730–774) are amended as follows:
PART 730—[AMENDED]
1. The authority citation for part 730
is revised to read as follows:
■
Authority: 50 U.S.C. app. 2401 et seq.; 50
U.S.C. 1701 et seq.; 10 U.S.C. 7420; 10 U.S.C.
7430(e); 22 U.S.C. 287c; 22 U.S.C. 2151 note;
22 U.S.C. 3201 et seq.; 22 U.S.C. 6004; 30
U.S.C. 185(s), 185(u); 42 U.S.C. 2139a; 42
U.S.C. 6212; 43 U.S.C. 1354; 15 U.S.C. 1824a;
50 U.S.C. app. 5; 22 U.S.C. 7201 et seq.; 22
U.S.C. 7210; E.O. 11912, 41 FR 15825, 3 CFR,
1976 Comp., p. 114; E.O. 12002, 42 FR 35623,
3 CFR, 1977 Comp., p.133; E.O. 12058, 43 FR
20947, 3 CFR, 1978 Comp., p. 179; E.O.
12214, 45 FR 29783, 3 CFR, 1980 Comp., p.
256; E.O. 12851, 58 FR 33181, 3 CFR, 1993
Comp., p. 608; E.O. 12854, 58 FR 36587, 3
CFR, 1993 Comp., p. 179; E.O. 12918, 59 FR
28205, 3 CFR, 1994 Comp., p. 899; E.O.
12938, 59 FR 59099, 3 CFR, 1994 Comp., p.
950; E.O. 12947, 60 FR 5079, 3 CFR, 1995
Comp., p. 356; E.O. 12981, 60 FR 62981, 3
CFR, 1995 Comp., p. 419; E.O. 13020, 61 FR
54079, 3 CFR, 1996 Comp., p. 219; E.O.
13026, 61 FR 58767, 3 CFR, 1996 Comp., p.
228; E.O. 13099, 63 FR 45167, 3 CFR, 1998
Comp., p.208; E.O. 13222, 66 FR 44025, 3
CFR, 2001 Comp., p. 783; E.O. 13224, 66 FR
49079, 3 CFR, 2001 Comp., p. 786; E.O.
13338, 69 FR 26751, 3 CFR, 2004 Comp., p.
168; Notice of August 12, 2010, 75 FR 50681
(August 16, 2010); Notice of November 4,
2010, 75 FR 68673 (November 8, 2010);
Notice of January 13, 2011, 76 FR 3009
(January 18, 2011).
2. Section 730.8 is amended by
revising the last sentence in paragraph
(c) to read as follows:
■
§ 730.8
help.
How to proceed and where to get
*
*
*
*
*
(c) * * * General information
including assistance in understanding
the EAR, information on how to obtain
forms, electronic services, publications,
and information on training programs
offered by BIS, is available from the
Office of Export Services at the
following locations: Outreach and
Educational Services Division, U.S.
Department of Commerce, 14th and
Pennsylvania Avenue, NW., Room
H1099D, Washington, DC 20230, Tel:
(202) 482–4811, Fax: (202) 482–2927,
and Bureau of Industry and Security,
Western Regional Office, U.S.
Department of Commerce, 2302 Martin
St., Suite 330, Irvine, CA 92612, Tel:
(949) 660–0144, Fax: (949) 660–9347,
and Bureau of Industry and Security,
Western Regional Office, Northern
California Branch, U.S. Department of
Commerce, 160 W. Santa Clara Street,
Suite 725, San Jose, CA 95113, Tel:
(408) 998–8806, Fax: (408) 998–8677.
3. The table in Supplement No. 1 to
part 730 is amended by:
■ a. Removing the entries for collection
numbers 0694–0023, 0694–0025, 0694–
0027, 0694–0029, 0694–0033, 0694–
0086, 0694–0101, 0694–0104, 0694–
0106, 0694–0123 and 0694–0133; and
b. Adding immediately following the
entry for collection number 0694–0134
and immediately preceding the entry for
collection number 0607–0152, a new
entry for collection number 0694–0137
to read as follows:
■
Supplement No. 1 to Part 730—
Information Collection Requirements
Under the Paperwork Reduction Act:
OMB Control Numbers
Collection No.
Title
Reference in the EAR
*
0694–0137 ........
*
*
License Exemptions and Exclusions .......
*
*
*
*
§ 734.4, Supplement No. 2 to part 734, §§ 740.3(d), 740.4(c), 740.9(a)(2)(viii)(B),
740.9(c), 740.13(e), 740.12(b)(7), 740.17, 740.18, Supp. No. 2 to Part 740,
§§ 742.15, 743.1, 743.3, 754.2, 754.4, 762.2(b) and Supplement No. 1 to part
774
*
*
*
*
*
*
*
4. The authority citation for part 748
continues to read as follows:
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■
Authority: 50 U.S.C. app. 2401 et seq.; 50
U.S.C. 1701 et seq.; E.O. 13026, 61 FR 58767,
3 CFR, 1996 Comp., p. 228; E.O. 13222, 66
FR 44025, 3 CFR, 2001 Comp., p. 783; Notice
of August 12, 2010, 75 FR 50681 (August 16,
2010).
5. Section 748.2 is amended by
revising paragraph (a) to read as follows:
■
15:08 Jul 08, 2011
*
§ 748.2 Obtaining forms; mailing
addresses.
*
PART 748—[AMENDED]
VerDate Mar<15>2010
*
Jkt 223001
(a) You may obtain the forms required
by the EAR from any U.S. Department
of Commerce District Office; or in
person or by telephone or facsimile from
the following BIS offices:
(1) Outreach and Educational Services
Division, U.S. Department of Commerce,
14th Street and Pennsylvania Ave.,
NW., Room H1099D, Washington, DC
20230, Tel: (202) 482–4811, Fax: (202)
482–2927, or
(2) Western Regional Office, Northern
California Branch, U.S. Department of
Commerce, 2302 Martin St., Suite 330,
PO 00000
Frm 00012
Fmt 4700
Sfmt 4700
*
*
Irvine, CA 92612, Tel: (949) 660–0144,
Fax: (949) 660–9347, or
(3) Bureau of Industry and Security,
160 W. Santa Clara Street, Suite 725,
San Jose, CA 95113, Tel: (408) 998–8805
or (408) 998–8806, Fax: (408) 998–8677.
*
*
*
*
*
PART 754—[AMENDED]
6. The authority citation for part 754
continues to read as follows:
■
Authority: 50 U.S.C. app. 2401 et seq.; 50
U.S.C. 1701 et seq.; 10 U.S.C. 7420; 10 U.S.C.
7430(e); 30 U.S.C. 185(s), 185(u); 42 U.S.C.
6212; 43 U.S.C. 1354; 15 U.S.C. 1824a; E.O.
11912, 41 FR 15825, 3 CFR, 1976 Comp., p.
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Federal Register / Vol. 76, No. 132 / Monday, July 11, 2011 / Rules and Regulations
114; E.O. 13222, 66 FR 44025, 3 CFR, 2001
Comp., p. 783; Notice of August 12, 2010, 75
FR 50681 (August 16, 2010).
§ 754.2—[Amended]
7. Section 754.2 is amended by
removing paragraph (j)(2) and
redesignating paragraph (j)(3) as
paragraph (j)(2) .
■
Dated July 1, 2011.
Matthew S. Borman,
Acting Assistant Secretary for Export
Administration.
[FR Doc. 2011–17356 Filed 7–8–11; 8:45 am]
BILLING CODE 3510–33–P
SECURITIES AND EXCHANGE
COMMISSION
17 CFR Parts 230, 240 and 260
[Release Nos. 33–9231; 34–64794; 39–2475;
File No. S7–26–11]
RIN 3235–AL17
Exemptions for Security-Based Swaps
Securities and Exchange
Commission.
ACTION: Interim final rules; request for
comments.
AGENCY:
We are adopting interim final
rules providing exemptions under the
Securities Act of 1933, the Securities
Exchange Act of 1934, and the Trust
Indenture Act of 1939 for those securitybased swaps that under current law are
security-based swap agreements and
will be defined as ‘‘securities’’ under the
Securities Act and the Exchange Act as
of July 16, 2011 due solely to the
provisions of Title VII of the DoddFrank Wall Street Reform and Consumer
Protection Act. The interim final rules
will exempt offers and sales of these
security-based swaps from all
provisions of the Securities Act, other
than the Section 17(a) anti-fraud
provisions, as well as exempt these
security-based swaps from Exchange
Act registration requirements and from
the provisions of the Trust Indenture
Act, provided certain conditions are
met. The interim final rules will remain
in effect until the compliance date for
final rules that we may adopt further
defining the terms ‘‘security-based
swap’’ and ‘‘eligible contract
participant.’’
erowe on DSK5CLS3C1PROD with RULES
SUMMARY:
Effective Date: The interim final
rules are effective July 11, 2011
Comments should be received on or
before August 15, 2011.
ADDRESSES: Comments may be
submitted by any of the following
methods:
DATES:
VerDate Mar<15>2010
15:08 Jul 08, 2011
Jkt 223001
Electronic Comments
• Use the Commission’s Internet
comment form (https://www.sec.gov/
rules/interim-final-temp.shtml);
• Send an e-mail to rulecomments@sec.gov. Please include File
Number S7–26–11 on the subject line;
or
• Use the Federal Rulemaking Portal
(https://www.regulations.gov). Follow the
instructions for submitting comments.
Paper Comments
• Send paper comments in triplicate
to Elizabeth M. Murphy, Secretary,
Securities and Exchange Commission,
100 F Street, NE., Washington, DC
20549–1090.
All submissions should refer to File
Number S7–26–11. This file number
should be included on the subject line
if e-mail is used. To help us process and
review your comments more efficiently,
please use only one method. We will
post all comments on the Commission’s
Internet Web site (https://www.sec.gov/
rules/interim-final-temp.shtml).
Comments also are available for public
inspection and copying in the
Commission’s Public Reference Room,
100 F Street, NE., Washington, DC
20549, on official business days
between the hours of 10 a.m. and 3 p.m.
All comments received will be posted
without change; we do not edit personal
identifying information from
submissions. You should submit only
information that you wish to make
available publicly.
FOR FURTHER INFORMATION CONTACT:
Andrew Schoeffler, Special Counsel,
Office of Capital Market Trends,
Division of Corporation Finance, at
(202) 551–3860, U.S. Securities and
Exchange Commission, 100 F Street,
NE., Washington, DC 20549–3628.
SUPPLEMENTARY INFORMATION: We are
adopting interim final Rule 240 under
the Securities Act of 1933 (‘‘Securities
Act’’),1 interim final Rule 12a–11 and
Rule 12h–1(i) under the Securities
Exchange Act of 1934 (‘‘Exchange
Act’’),2 and interim final Rule 4d–12
under the Trust Indenture Act of 1939
(‘‘Trust Indenture Act’’).3
I. Background
On July 21, 2010, President Barack
Obama signed the Dodd-Frank Wall
Street Reform and Consumer Protection
Act (‘‘Dodd-Frank Act’’) into law.4 The
Dodd-Frank Act was enacted, among
U.S.C. 77a et seq.
U.S.C. 78a et seq.
3 15 U.S.C. 77aaa et seq.
4 The Dodd-Frank Wall Street Reform and
Consumer Protection Act, Public Law 111–203, 124
Stat. 1376 (2010).
PO 00000
1 15
2 15
Frm 00013
Fmt 4700
Sfmt 4700
40605
other reasons, to promote the financial
stability of the United States by
improving accountability and
transparency in the financial system.5
The recent financial crisis demonstrated
the need for enhanced regulation of the
over-the-counter (‘‘OTC’’) derivatives
markets, which have experienced
dramatic growth in recent years 6 and
are capable of affecting significant
sectors of the U.S. economy.7 Title VII
of the Dodd-Frank Act (‘‘Title VII’’)
establishes a regulatory regime
applicable to the OTC derivatives
markets by providing the Securities and
Exchange Commission (‘‘Commission’’
or ‘‘we’’) and the Commodity Futures
Trading Commission (‘‘CFTC’’) with the
tools to oversee these heretofore largely
unregulated markets. Title VII provides
that the CFTC will regulate ‘‘swaps,’’ the
Commission will regulate ‘‘securitybased swaps,’’ and the CFTC and the
Commission will jointly regulate
‘‘mixed swaps.’’ 8
Title VII amends the Securities Act
and the Exchange Act to substantially
expand the regulation of the securitybased swap markets, establishing a new
regulatory framework within which
such markets can continue to evolve in
a more transparent, efficient, fair,
accessible, and competitive manner.9
The Title VII amendments to the
Exchange Act impose, among other
requirements, the following: (1)
Registration and comprehensive
oversight of security-based swap dealers
5 See,
e.g., Public Law 111–203, Preamble.
their beginnings in the early 1980s, the
notional value of these markets has grown to almost
$600 trillion globally. See Monetary and Econ.
Dep’t, Bank for Int’l Settlements, Triennial and
Semiannual Surveys—Positions in Global Over-theCounter (OTC) Derivatives Markets at End-June
2010 (Nov. 2010), available at https://www.bis.org/
publ/otc_hy1011.pdf.
7 See 156 Cong. Rec. S5878 (daily ed. July 15,
2010) (statement of Sen. Dodd).
8 Section 712(d) of the Dodd-Frank Act provides
that the Commission and the CFTC, in consultation
with the Board of Governors of the Federal Reserve
System, shall further define the terms ‘‘swap,’’
‘‘security-based swap,’’ ‘‘swap dealer,’’ ‘‘securitybased swap dealer,’’ ‘‘major security-based swap
participant,’’ ‘‘eligible contract participant,’’ and
‘‘security-based swap agreement.’’ These terms are
defined in sections 721 and 761 of the Dodd-Frank
Act and the Commission and the CFTC have
proposed to further define these terms in proposed
joint rulemaking. See Further Definition of ‘‘Swap
Dealer,’’ ‘‘Security-Based Swap Dealer,’’ ‘‘Major
Swap Participant,’’ ‘‘Major Security-Based Swap
Participant’’ and ‘‘Eligible Contract Participant’’,
Release No. 34–63452 (Dec. 7, 2010), 75 FR 80174
(Dec. 21, 2010)(‘‘SBS Participant Definition
Proposing Release’’); and Further Definition of
‘‘Swap,’’ ‘‘Security-Based Swap,’’ and ‘‘SecurityBased Swap Agreement’’; Mixed Swaps; SecurityBased Swap Agreement Recordkeeping, Release No.
33–9204 (Apr. 29, 2011), 76 FR 29818 (May 23,
2011), corrected in Release No. 33–9204A (June 1,
2011), 76 FR 32880 (June 7, 2011)(‘‘SBS Product
Definition Proposing Release’’).
9 See generally subtitle B of Title VII.
6 From
E:\FR\FM\11JYR1.SGM
11JYR1
Agencies
[Federal Register Volume 76, Number 132 (Monday, July 11, 2011)]
[Rules and Regulations]
[Pages 40602-40605]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2011-17356]
=======================================================================
-----------------------------------------------------------------------
DEPARTMENT OF COMMERCE
Bureau of Industry and Security
15 CFR Parts 730, 748 and 754
[Docket No. 110224166-1212-01]
RIN 0694-AF08
Paperwork Reduction Act: Updated List of Approved Information
Collections and Removal of a Redundant Reporting Requirement
AGENCY: Bureau of Industry and Security, Commerce.
ACTION: Final rule.
-----------------------------------------------------------------------
SUMMARY: This rule makes several technical amendments to the Export
Administration Regulations (EAR). This rule corrects one omission of a
publication date in the authority citation paragraph of part 730 of the
Export Administration Regulations. It revises the address of the Bureau
of Industry and Security's (BIS) Western Regional Office at two places
in the EAR to reflect the recent relocation of that office.
Additionally, this rule updates the table of authorized information
collection control numbers in
[[Page 40603]]
Supplement No. 1 to part 730 of the EAR to reflect consolidation of
several authorizations relating to license exceptions and exclusions
into a single authorization with a single control number. Finally, this
rule removes a requirement to report to BIS certain exports of oil
transported from the North Slope of Alaska over Federal rights-of-way
granted pursuant to section 203 of the Trans-Alaska Pipeline
Authorization Act because BIS can now obtain this information from the
Automated Export System (AES).
DATES: This rule is effective July 11, 2011.
FOR FURTHER INFORMATION CONTACT: William Arvin, Regulatory Policy
Division, Office of Exporter Services, e-mail
william.arvin@bis.doc.gov, telephone (202) 482-2440.
SUPPLEMENTARY INFORMATION:
Background
Through this rule, BIS is undertaking the following actions:
Adding Omitted Date to an Authority Citation
In a previous rule that, inter alia, updated the authority citation
paragraph for part 730 of the EAR (76 FR 21631, April 18, 2011), BIS
inadvertently omitted the publication date of the most recent
Presidential notice listed in that paragraph. This rule corrects the
omission by adding the date ``January 18, 2011'' to the end of the
authority citation paragraph for part 730 of the EAR.
Updating Address and Telephone Number
Recently, BIS's Western Regional Office moved to a new location.
This rule revises Sec. 730.8(c) of the EAR to include the address and
telephone number of the new location.
Consolidation of Information Collections
Supplement No. 1 to part 730 of the EAR contains a table that lists
approved information collections that are related to the EAR. In 2010,
the Office of Management and Budget approved BIS's requests to
consolidate approved information collections that relate license
exceptions or other exemptions from EAR requirements into a single
approved collection with OMB control number 0694-0137, entitled
``License Exemptions and Exclusions.'' Accordingly, this rule removes
the entries for OMB control numbers 0694-0023, 0694-0025, 0694-0027,
0694-0029, 0694-0033, 0694-0086, 0694-0101, 0694-0104, 0694-0106, 0694-
0123 and 0694-0133 from the table and adds an entry for control number
0694-0137.
Removal of Redundant Reporting Requirement
In 1996, the Department of Commerce created License Exception TAPS
to authorize the export of crude oil from the North Slope of Alaska and
transported over Federal rights-of-way granted pursuant to section 203
of the Trans-Alaska Pipeline Authorization Act (61 FR 27255, May 31,
1996). This license exception required exporters to submit to the
Bureau of Export Administration (the predecessor of BIS) a copy of the
same Shippers Export Declaration that the exporter was required to
submit to U.S. Customs for transmittal to the Bureau of the Census.
Subsequently, U.S. Customs and the Bureau of the Census developed AES,
and required all exporters to use it to electronically submit export
related information that had previously been submitted via paper
declaration. In 2010, the Bureau of the Census gave BIS authorization
to access AES data specific to individual transactions. This
authorization gave BIS access, via the AES system, to export data
connected with License Exception TAPS. Due to this new access, BIS
concluded that the separate reporting requirement created by the TAPS
License Exception was redundant. Accordingly, this rule removes that
reporting requirement from Sec. 754.2 of the EAR.
Rulemaking Requirements
1. Executive Orders 13563 and 12866 direct agencies to assess all
costs and benefits of available regulatory alternatives and, if
regulation is necessary, to select regulatory approaches that maximize
net benefits (including potential economic, environmental, public
health and safety effects, distributive impacts, and equity). This rule
reduces regulatory burdens on the public and accomplishes the goals of
Executive Order 13563. This rule has been determined to be not
significant for purposes of Executive Order 12866.
2. Notwithstanding any other provision of law, no person is
required to respond to, nor is subject to a penalty for failure to
comply with, a collection of information, subject to the requirements
of the Paperwork Reduction Act of 1995 (44 U.S.C. 3501 et seq.) (PRA),
unless that collection of information displays a currently valid Office
of Management and Budget (OMB) Control Number. This rule affects a
collection of information approved by OMB under control number 0607-
0137: License Exemptions and Exclusions. BIS estimates that this rule
will reduce the burden associated with that collection by 10 hours
annually. Send comments regarding this burden estimate or any other
aspect of this collection of information, including suggestions for
reducing the burden, to Jasmeet Seehra, Office of Management and Budget
(OMB), by e-mail to jseehra@omb.eop.gov, or by fax to (202) 395-7285;
and to the Regulatory Policy Division, Bureau of Industry and Security,
Department of Commerce, Room 2099B, 14th Street and Pennsylvania Ave.,
NW., Washington, DC 20230 or by e-mail to publiccomments@bis.doc.gov.
3. This rule does not contain policies with Federalism implications
as that term is defined under E.O. 13132.
4. BIS finds that there is good cause under 5 U.S.C. 553(b)(3)(B)
to waive the provisions of the Administrative Procedure Act requiring
prior notice and the opportunity for public comment because they are
unnecessary. This rule (1) updates a statement of legal authority to
state completely the authority conferred by a Presidential decision;
(2) updates an address and telephone number to accurately reflect
current information about BIS's Western Regional Office; (3) updates a
table of approved information collections to reflect decisions already
made by the Office of Management and Budget; and (4) removes a
requirement that certain exporters submit directly to BIS information
that those same exporters are also required to submit to the government
via the AES and that is now available to BIS via that same system. This
rule makes no changes to the rights of any person under the EAR, nor
does it impose any additional burdens or requirements on the public.
The only change that this rule makes to any person's obligations under
the EAR is to relieve some exporters of the requirement to report to
BIS information that they have reported to another government agency
and to which BIS now has ready access.
In addition, the 30-day delay in effectiveness required by 5 U.S.C.
553(d) is unnecessary and contrary to the public interest here, where
BIS is updating an authority citation, an address and telephone number
and the approved collections table because these are technical changes
that do not alter any right, duty, obligation or prohibition that
applies to any person under the EAR. The 30-day delay is inapplicable
to the removal of the redundant reporting requirement that this rule
provides because such removal grants an exemption from a requirement.
[[Page 40604]]
Moreover, any delay in the effective date of the contact information
for BIS's office may cause public confusion and/or errors by the
public; thus delaying the effective date of this regulation is contrary
to the public interest.
No other law requires that notice of proposed rulemaking and an
opportunity for public comment be given for this rule; therefore, the
analytical requirements of the Regulatory Flexibility Act (5 U.S.C. 601
et seq.) are not applicable.
List of Subjects
15 CFR Part 730
Administrative practice and procedure, Advisory committees,
Exports, Reporting and recordkeeping requirements, Strategic and
critical materials.
15 CFR Part 748
Administrative practice and procedure, Exports, Reporting and
recordkeeping requirements.
15 CFR Part 754
Agricultural commodities, Exports, Forests and forest products,
Horses, Petroleum, Reporting and recordkeeping requirements.
Accordingly, the Export Administration Regulations (15 CFR parts
730-774) are amended as follows:
PART 730--[AMENDED]
0
1. The authority citation for part 730 is revised to read as follows:
Authority: 50 U.S.C. app. 2401 et seq.; 50 U.S.C. 1701 et seq.;
10 U.S.C. 7420; 10 U.S.C. 7430(e); 22 U.S.C. 287c; 22 U.S.C. 2151
note; 22 U.S.C. 3201 et seq.; 22 U.S.C. 6004; 30 U.S.C. 185(s),
185(u); 42 U.S.C. 2139a; 42 U.S.C. 6212; 43 U.S.C. 1354; 15 U.S.C.
1824a; 50 U.S.C. app. 5; 22 U.S.C. 7201 et seq.; 22 U.S.C. 7210;
E.O. 11912, 41 FR 15825, 3 CFR, 1976 Comp., p. 114; E.O. 12002, 42
FR 35623, 3 CFR, 1977 Comp., p.133; E.O. 12058, 43 FR 20947, 3 CFR,
1978 Comp., p. 179; E.O. 12214, 45 FR 29783, 3 CFR, 1980 Comp., p.
256; E.O. 12851, 58 FR 33181, 3 CFR, 1993 Comp., p. 608; E.O. 12854,
58 FR 36587, 3 CFR, 1993 Comp., p. 179; E.O. 12918, 59 FR 28205, 3
CFR, 1994 Comp., p. 899; E.O. 12938, 59 FR 59099, 3 CFR, 1994 Comp.,
p. 950; E.O. 12947, 60 FR 5079, 3 CFR, 1995 Comp., p. 356; E.O.
12981, 60 FR 62981, 3 CFR, 1995 Comp., p. 419; E.O. 13020, 61 FR
54079, 3 CFR, 1996 Comp., p. 219; E.O. 13026, 61 FR 58767, 3 CFR,
1996 Comp., p. 228; E.O. 13099, 63 FR 45167, 3 CFR, 1998 Comp.,
p.208; E.O. 13222, 66 FR 44025, 3 CFR, 2001 Comp., p. 783; E.O.
13224, 66 FR 49079, 3 CFR, 2001 Comp., p. 786; E.O. 13338, 69 FR
26751, 3 CFR, 2004 Comp., p. 168; Notice of August 12, 2010, 75 FR
50681 (August 16, 2010); Notice of November 4, 2010, 75 FR 68673
(November 8, 2010); Notice of January 13, 2011, 76 FR 3009 (January
18, 2011).
0
2. Section 730.8 is amended by revising the last sentence in paragraph
(c) to read as follows:
Sec. 730.8 How to proceed and where to get help.
* * * * *
(c) * * * General information including assistance in understanding
the EAR, information on how to obtain forms, electronic services,
publications, and information on training programs offered by BIS, is
available from the Office of Export Services at the following
locations: Outreach and Educational Services Division, U.S. Department
of Commerce, 14th and Pennsylvania Avenue, NW., Room H1099D,
Washington, DC 20230, Tel: (202) 482-4811, Fax: (202) 482-2927, and
Bureau of Industry and Security, Western Regional Office, U.S.
Department of Commerce, 2302 Martin St., Suite 330, Irvine, CA 92612,
Tel: (949) 660-0144, Fax: (949) 660-9347, and Bureau of Industry and
Security, Western Regional Office, Northern California Branch, U.S.
Department of Commerce, 160 W. Santa Clara Street, Suite 725, San Jose,
CA 95113, Tel: (408) 998-8806, Fax: (408) 998-8677.
0
3. The table in Supplement No. 1 to part 730 is amended by:
0
a. Removing the entries for collection numbers 0694-0023, 0694-0025,
0694-0027, 0694-0029, 0694-0033, 0694-0086, 0694-0101, 0694-0104, 0694-
0106, 0694-0123 and 0694-0133; and
b. Adding immediately following the entry for collection number
0694-0134 and immediately preceding the entry for collection number
0607-0152, a new entry for collection number 0694-0137 to read as
follows:
Supplement No. 1 to Part 730--Information Collection Requirements Under
the Paperwork Reduction Act: OMB Control Numbers
----------------------------------------------------------------------------------------------------------------
Collection No. Title Reference in the EAR
----------------------------------------------------------------------------------------------------------------
* * * * * * *
0694-0137.......................... License Exemptions and Sec. 734.4, Supplement No. 2 to part 734,
Exclusions. Sec. Sec. 740.3(d), 740.4(c),
740.9(a)(2)(viii)(B), 740.9(c), 740.13(e),
740.12(b)(7), 740.17, 740.18, Supp. No. 2 to
Part 740, Sec. Sec. 742.15, 743.1, 743.3,
754.2, 754.4, 762.2(b) and Supplement No. 1
to part 774
* * * * * * *
----------------------------------------------------------------------------------------------------------------
* * * * *
PART 748--[AMENDED]
0
4. The authority citation for part 748 continues to read as follows:
Authority: 50 U.S.C. app. 2401 et seq.; 50 U.S.C. 1701 et seq.;
E.O. 13026, 61 FR 58767, 3 CFR, 1996 Comp., p. 228; E.O. 13222, 66
FR 44025, 3 CFR, 2001 Comp., p. 783; Notice of August 12, 2010, 75
FR 50681 (August 16, 2010).
0
5. Section 748.2 is amended by revising paragraph (a) to read as
follows:
Sec. 748.2 Obtaining forms; mailing addresses.
(a) You may obtain the forms required by the EAR from any U.S.
Department of Commerce District Office; or in person or by telephone or
facsimile from the following BIS offices:
(1) Outreach and Educational Services Division, U.S. Department of
Commerce, 14th Street and Pennsylvania Ave., NW., Room H1099D,
Washington, DC 20230, Tel: (202) 482-4811, Fax: (202) 482-2927, or
(2) Western Regional Office, Northern California Branch, U.S.
Department of Commerce, 2302 Martin St., Suite 330, Irvine, CA 92612,
Tel: (949) 660-0144, Fax: (949) 660-9347, or
(3) Bureau of Industry and Security, 160 W. Santa Clara Street,
Suite 725, San Jose, CA 95113, Tel: (408) 998-8805 or (408) 998-8806,
Fax: (408) 998-8677.
* * * * *
PART 754--[AMENDED]
0
6. The authority citation for part 754 continues to read as follows:
Authority: 50 U.S.C. app. 2401 et seq.; 50 U.S.C. 1701 et seq.;
10 U.S.C. 7420; 10 U.S.C. 7430(e); 30 U.S.C. 185(s), 185(u); 42
U.S.C. 6212; 43 U.S.C. 1354; 15 U.S.C. 1824a; E.O. 11912, 41 FR
15825, 3 CFR, 1976 Comp., p.
[[Page 40605]]
114; E.O. 13222, 66 FR 44025, 3 CFR, 2001 Comp., p. 783; Notice of
August 12, 2010, 75 FR 50681 (August 16, 2010).
Sec. 754.2--[Amended]
0
7. Section 754.2 is amended by removing paragraph (j)(2) and
redesignating paragraph (j)(3) as paragraph (j)(2) .
Dated July 1, 2011.
Matthew S. Borman,
Acting Assistant Secretary for Export Administration.
[FR Doc. 2011-17356 Filed 7-8-11; 8:45 am]
BILLING CODE 3510-33-P