HOUSE 393116th CongressReferred to the Subcommittee on Aviation.

Aircraft Ownership Transparency Act of 2019

Last Action: 2/7/2019

Actions

2019-02-07Referred to the Subcommittee on Aviation.
2019-01-09Referred to the House Committee on Transportation and Infrastructure.
2019-01-09Introduced in House
2019-01-09Introduced in House

CRS Summary

As of 2019-01-09 (00)

Aircraft Ownership Transparency Act of 2019

This bill requires the Federal Aviation Administration to obtain the identity of each beneficial owner of an entity seeking a certificate of registration for an aircraft before approving such certificate.

"Beneficial owner" is defined as a natural person who exercises control over or has an interest in the entity seeking the aircraft registration.

Cosponsors (4)

CAROLYN MALONEY (D-NY)
PETER KING (R-NY)
Brian Babin (R-TX)
Tom Malinowski (D-NJ)

Subjects

Aviation and airports
Business records
Government information and archives
Licensing and registrations
U.S. and foreign investments

Read on Congress.gov

Sourced from Congress.gov (public domain).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.