On March 14, 2012, The Federal Aviation Administration (FAA) announced that it will be holding a public meeting on Wednesday, June 6, 2012, on theNotice of Proposed Policy Clarification Regarding the Registration of Aircraft to U.S. Citizen Trustees in Situations Involving Non-U.S. Citizen Trustors and Beneficiaries. During the meeting, the FAA will be seeking further views from the public with respect to the use of owner trusts to register aircraft for the benefit of beneficiaries that are neither U.S. citizens nor resident aliens. The comment period for the policy clarification notice is extended until July 6, 2012.
Incident to the first public meeting in Oklahoma City, OK on June 1, 2011, FAA considered written and transcribed verbal comments by the public concerning issues relating to aircraft registration in the name of owner trustees for the benefit of non-U.S. citizen beneficiaries. FAA then followed up with a notice published in the Federal Register on February 9, 2012, proposing to clarify its policy and allowing written public comment on the proposed policy clarification until March 31, 2012.
As a result of continuing public interest and as requested on behalf of the Aviation Working Group, FAA has decided to hold another public meeting and to extend the deadline for public comment from March 31, 2012 until July 6, 2012. Notwithstanding the extension of the deadline for comments, the FAA would welcome receiving written comments prior to the public meeting in order to frame the discussion at the meeting. The FAA expects that the comments received in response to the February 9 notice and during the public meeting will enable it to develop a final policy clarification shortly thereafter.
The meeting will be held on Wednesday, June 6, 2012, beginning at 9 a.m. Central Time and ending no later than 5 p.m. The meeting will be held at the Marriott Renaissance Convention Center Hotel, 10 North Broadway Avenue, Oklahoma City, OK 73102. Written public comments regarding this FAA proposed policy should be submitted by July 6, 2012, via email to ladeana.peden@faa.gov.
For further questions concerning the FAA’s notice, or assistance in formulating comment in response to the FAA’s request, please contact Glenn Wicks or Ronce Almond at (202) 457-7790.