H.R. 393House116th Congress (2019-2021)In Committee

Aircraft Ownership Transparency Act of 2019

Introduced January 9, 2019

AI-Generated Summary

Updated April 14, 2026 at 12:19 AM UTC

The Aircraft Ownership Transparency Act of 2019 would make the Federal Aviation Administration collect detailed information about who actually owns or controls an aircraft before it can be registered. The rule focuses on identifying any foreign individuals who benefit from the ownership, and it applies to any person, trust, corporation, or other entity that seeks to register an aircraft in the United States.

Key Provisions

  • Before issuing a registration certificate, the FAA must require the applicant to list each beneficial owner’s name, address, government‑issued ID, nationality, and the aircraft’s make, model, and serial number.
  • If the applicant is owned or controlled by multiple entities, it must describe how each entity relates to the others and to the natural‑person owners, including any foreign trust grantors, trustees, protectors, or beneficiaries.
  • The applicant must update this ownership information within 60 days of any change in owners or their details.
  • The bill defines “beneficial owner” as any natural person who controls or receives substantial economic benefits from the entity, with limited exceptions (e.g., minors, trustees acting only as agents) that cannot be used to evade the rule.
  • It defines a “covered entity” broadly to include individuals, trusts, associations, corporations, and other private or public entities, and clarifies that a “foreign person” is anyone who is not a U.S. citizen or permanent resident.

Legislative Activity

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2 earlier actions
HouseCommittee Latest Action

Referred to the Subcommittee on Aviation.

February 7, 2019

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HouseIntro Referral

Introduced in House

January 9, 2019

HouseIntro Referral

Referred to the House Committee on Transportation and Infrastructure.

January 9, 2019

HouseCommittee

Referred to the Subcommittee on Aviation.

February 7, 2019

Floor Debate

7 members

What members said about H.R. 393 on the floor

3 Republicans4 Democrats
Nancy Pelosi
Rep. Nancy PelosiD-CA-12 · Jun 4, 2019

Madam Speaker, I thank the gentleman for yielding, and I thank him for his lifelong commitment to promoting human rights throughout the world. I thank him, also, for his leadership in bringing this…

Scott Perry
Rep. Scott PerryR-PA-10 · Jun 4, 2019

Madam Speaker, I thank the ranking member for yielding. Madam Speaker, today I am in support of this resolution on the 30th anniversary of the Tiananmen Square massacre, and I thank Representative…

Christopher H. Smith
Rep. Christopher H. SmithR-NJ-4 · Jun 4, 2019

Madam Speaker, it's been 30 years since the Chinese government brutally crushed the peaceful demonstrations occurring in Beijing Tiananmen Square. The beating, the bayonetting, the torture, and…

Tom Malinowski
Rep. Tom MalinowskiD-NJ-7 · Jun 4, 2019

Madam Speaker, I move to suspend the rules and agree to the resolution (H. Res. 393) remembering the victims of the violent suppression of democracy protests in Tiananmen Square and elsewhere in…

Sheila Jackson Lee
Rep. Sheila Jackson LeeD-TX-18 · Jun 4, 2019

Madam Speaker, I rise today in strong support of H.R. 393, a resolution ``Remembering the victims of Tiananmen Square.'' H. Res. 393 remembers the victims of the violent suppression of democracy…

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Michael T. McCaul
Rep. Michael T. McCaulR-TX-10 · Jun 4, 2019

Madam Speaker, I yield myself such time as I may consume. Madam Speaker, I would like to associate myself with Speaker Pelosi's comments, that we have been riding the dragon for too long. Thirty…

James P. McGovern
Rep. James P. McGovernD-MA-2 · Jun 4, 2019

Madam Speaker, I thank my colleague for yielding, and I thank Mr. McCaul for his support of this legislation as well. Madam Speaker, I rise today in support of H. Res. 393, remembering the victims of…

Bill Text

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Introduced in HouseIssued January 9, 2019

I

116th CONGRESS

1st Session

H. R. 393

IN THE HOUSE OF REPRESENTATIVES

January 9, 2019

Mr. Lynch (for himself, Mrs. Carolyn B. Maloney of New York, and Mr. King of New York) introduced the following bill; which was referred to the Committee on Transportation and Infrastructure

A BILL

To require the disclosure of beneficial ownership by a foreign person of aircraft registration, and for other purposes.

1.

Short title

This Act may be cited as the Aircraft Ownership Transparency Act of 2019.

2.

Certification of aircraft registration

(a)

In general

Before approving a certificate of registration issued under section 44103 of title 49, United States Code, with a covered entity, the Administrator of the Federal Aviation Administration shall require the covered entity to—

(1)

identify each beneficial owner of the covered entity by—

(A)

name;

(B)

current residential or business street address;

(C)

a unique identifying number from a nonexpired passport issued by the United States or a nonexpired drivers license issued by a State or if neither is available, a legible and credible copy of the pages of a nonexpired passport issued by the government of a foreign country bearing a photograph, date of birth, and unique identifying information for the person;

(D)

nationality; and

(E)

the make, model, and serial number of the aircraft to be registered;

(2)

in the case of a covered entity that is owned or controlled by more than one entity, identify how each entity relates to every other entity, including the extent to which each entity holds an ownership interest in or exercises control over another entity, and the relationship of each such entity with the beneficial owners who are natural persons; and in addition to each beneficial owner, identify each trust grantor, trustee, trust protector, and beneficiary owner of the covered entity that is a foreign person;

(3)

in the case of a trust or association, identify the chain of control that includes the owner, trustee, and beneficiary; and

(4)

disclose to the Administrator any beneficial owner of the covered entity that is a foreign person.

(b)

Timing

(1)

In general

The Administrator shall require a covered entity to provide the information described in subsections (a)(1) and (a)(2) when submitting an application for aircraft certification.

(2)

Updates

The Administrator shall require a covered entity to update a submission of the information described in subsections (a)(1) and (a)(2) not later than 60 days after the date of any change in—

(A)

the list of beneficial owners of the covered entity; or

(B)

the information required to be provided relating to each such beneficial owner.

(c)

Definitions

In this section, the following definitions apply:

(1)

Beneficial owner

(A)

In general

Except as provided in subparagraph (B), the term beneficial owner means, with respect to a covered entity, each natural person who, directly or indirectly—

(i)

exercises control over the covered entity through ownership interests, voting rights, agreements, or otherwise; or

(ii)

has an interest in or receives substantial economic benefits from the assets of the covered entity.

(B)

Exceptions

The term beneficial owner does not include, with respect to a covered entity—

(i)

a minor child;

(ii)

a person acting as a trustee, nominee, intermediary, custodian, or agent on behalf of another person;

(iii)

a person acting solely as an employee of the covered entity and whose control over or economic benefits from the covered entity derives solely from the employment status of the person;

(iv)

a person whose only interest in the covered entity is through a right of inheritance, unless the person also meets the requirements of subparagraph (A); or

(v)

a creditor of the covered entity, unless the creditor also meets the requirements of subparagraph (A).

(C)

Anti-abuse rule

The exceptions under subparagraph (B) shall not apply if used for the purpose of evading, circumventing, or abusing the requirements of this section.

(2)

Covered entity

The term covered entity means a person, trust, association, copartnership, corporation, or other public or private entity.

(3)

Foreign person

The term foreign person means an individual who is not a United States person or an alien lawfully admitted for permanent residence into the United States.

(4)

United States person

The term United States person means a natural person who is a citizen of the United States or who owes permanent allegiance to the United States.