AIRCRAFT REGISTRATION SYSTEM.

SEC. 7203. AIRCRAFT REGISTRATION SYSTEM. (a) Modification Authority.—Section 501 of the Federal Aviation Act of 1958 (49 U.S.C. App. 1401) is amended by adding at the end thereof the following new subsection: “(h) Modification of System.—The Administrator is authorized and directed to make such modifications in the system established under this title for registration and recordation of aircraft as may be necessary to make such system more effective in serving the needs of buyers and sellers of aircraft, officials responsible for enforcement of laws relating to the regulation of controlled substances (as defined in section 102 of the Controlled Substances Act), and other users of such system. Such modifications may include a system of titling 102 STAT. 4425 aircraft or of registering all aircraft whether or not operated, shall assure positive, verifiable, and timely identification of the true owner, and shall address, at a minimum, each of the following deficiencies in and abuses of the existing system: “(1) The registration of aircraft to fictitious persons. “(2) The use of false or nonexistent addresses by persons registering aircraft. “(3) The use by a person registering an aircraft of a post office box or ‘mail drop’ as a return address for the purpose of evading identification of such person’s address. “(4) The registration of aircraft to corporations and other entities established to facilitate unlawful activities. “(5) The submission of names of individuals on applications for registration of aircraft which are not identifiable. “(6) The ability to make frequent legal changes in the registration markings which are assigned to aircraft. “(7) The use of false registration markings on aircraft. “(8) The illegal use of ‘reserved’ registration markings on aircraft. “(9) The large number of aircraft which are classified as being in ‘self-reporteid status’. “(10) The lack of a system to assure timely and adequate notice of the transfer of ownership of aircraft. “(11) The practice of allowing temporary operation and navigation of aircraft without issuance of a certificate of registration under this section.”. (b) Conforming Amendment to Table of Contents.—That portion of the table of contents contained in section 1 of such Act relating to section 501 of such Act is amended by adding at the end thereof the following: “(h) Modification of system.”.