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Increased Aircraft Ownership Transparency: New Registration Rules

New regulations require the disclosure of true aircraft owners, especially foreign ones. This aims to enhance security and transparency, making it harder to conceal the identities of those controlling aircraft. Citizens may experience an indirect impact through increased aviation safety.
Key points
Requirement to disclose personal data of true aircraft owners (name, address, ID, nationality).
Obligation to report changes in owner data within 60 days.
Definition of "beneficial owner" includes individuals controlling or benefiting, excluding minors or employees, among others.
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Expired
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Additional Information
Print number: 118_HR_2563
Sponsor: Rep. Lynch, Stephen F. [D-MA-8]
Process start date: 2023-04-10
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Aircraft Ownership Transparency Act of 2023

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_2563.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2023-04-10.

What are the main provisions?

Key points include:

  • Requirement to disclose personal data of true aircraft owners (name, address, ID, nationality).
  • Obligation to report changes in owner data within 60 days.
  • Definition of "beneficial owner" includes individuals controlling or benefiting, excluding minors or employees, among others.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Lynch, Stephen F. [D-MA-8].

What is the latest detailed status?

The latest detailed status is: Referred to the Subcommittee on Aviation.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-24.

CATEGORIES

Transport Security Courts and Law