Quarterly Survey of Payment Card and Bank Card Transactions Related to International Travel (BE-150)

Forms and Documents

Document Name	Status
Form BE-150 Quarterly Survey of Payment Card and Bank CardTransactions Related to International Travel (BE-150) Form and Instruction	Modified
BE-150 support sttmt section B v4.doc Supporting Statement B	2012-02-16
0608-0072 Supporting Statement 1-10-12.doc Supporting Statement A	2012-01-10

IC Document Collections

IC ID	Document Title	Status
187444	Quarterly Survey of Payment Card and Bank CardTransactions Related to International Travel (BE-150) Form and Instruction	Modified

ICR Details

OMB Control No: 0608-0072	ICR Reference No: 201109-0608-001
Status: Historical Inactive	Previous ICR Reference No: 201006-0608-003
Agency/Subagency: DOC/EASA	Agency Tracking No:
Title: Quarterly Survey of Payment Card and Bank Card Transactions Related to International Travel (BE-150)
Type of Information Collection: Revision of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Preapproved	Conclusion Date: 02/17/2012
	Date Received in OIRA: 01/10/2012
Terms of Clearance: Prior to the commencement of the Quarterly Survey of Payment Card and Bank Card Transactions Related to International Travel (BE-150)form distribution, the Bureau of Economic Analysis (BEA) shall provide on its Internet site prominent links to a complete set of finalized survey forms, including instructions and cover letters. The final forms and letters shall reflect any changes in the survey year, OMB number expiration date, and BEA leadership from those submitted for review.

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	02/28/2015	36 Months From Approved	03/31/2012
Responses	24	0	16
Time Burden (Hours)	384	0	256
Cost Burden (Dollars)	0	0	0

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Abstract: This action would amend 15 CFR Part 801 to provide for the conduct of new quarterly survey to collect data from major U.S. credit card and personal identification number- based network companies on cross-border transactions between U.S. cardholders traveling abroad and foreign businesses and between foreign cardholders traveling in the United States and U.S. businesses.

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Authorizing Statute(s): PL: Pub.L. 94 - 472 3101-3108 Name of Law: International Investment and Trade in Services Survey Act
  

Citations for New Statutory Requirements: None

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
0691-AA79	Proposed rulemaking	76 FR 66872	10/28/2011

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Federal Register Notices & Comments

Did the Agency receive public comments on this ICR? No

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Number of Information Collection (IC) in this ICR: 1

IC Title	Form No.	Form Name
Quarterly Survey of Payment Card and Bank CardTransactions Related to International Travel (BE-150)	BE-150	Quarterly Survey of Payment Card and Bank Card Transactions Related to International Travel

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ICR Summary of Burden

	Total Request	Previously Approved	Change Due to New Statute	Change Due to Agency Discretion	Change Due to Adjustment in Estimate	Change Due to Potential Violation of the PRA
Annual Number of Responses	24	16	0	8	0	0
Annual Time Burden (Hours)	384	256	0	128	0	0
Annual Cost Burden (Dollars)	0	0	0	0	0	0

Burden increases because of Program Change due to Agency Discretion: Yes

Burden Increase Due to: Miscellaneous Actions

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement: BEA added personal identification number-based data networks to close a gap in coverage of payment card and bank card transactions related to international travel.

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Annual Cost to Federal Government: $150,000

Does this IC contain surveys, censuses, or employ statistical methods? Yes Part B of Supporting Statement

Is the Supporting Statement intended to be a Privacy Impact Assessment required by the E-Government Act of 2002? No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? No

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? No

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

Is this ICR related to the Pandemic Response? Uncollected

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Common Form ICR:  No

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On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).

The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:

(a) It is necessary for the proper performance of agency functions;

(b) It avoids unnecessary duplication;

(c) It reduces burden on small entities;

(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;

(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;

(f) It indicates the retention periods for recordkeeping requirements;

(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:

(i) Why the information is being collected;

(ii) Use of information;

(iii) Burden estimate;

(iv) Nature of response (voluntary, required for a benefit, or mandatory);

(v) Nature and extent of confidentiality; and

(vi) Need to display currently valid OMB control number;

(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.

(i) It uses effective and efficient statistical survey methodology (if applicable); and

(j) It makes appropriate use of information technology.

If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.

Certification Date: 01/10/2012

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