US aviation businesses would face new rules on foreign ownership and federal funding.
This bill would make it harder for foreign adversaries to invest in or control US general aviation companies, like those making small planes or running flight schools. It would require more government reviews of these investments and stop federal money from going to companies with strong ties to countries of concern. US aviation businesses would need to disclose foreign ownership and face new audits.
Today, foreign adversaries can invest in US general aviation companies and real estate with less government oversight, and these companies can receive federal money without specific foreign ownership disclosures. After this bill, certain foreign investments in US general aviation would trigger mandatory government reviews, and federal funds would be blocked for companies where a country of concern's government holds 5% or more ownership or if 10% or more of their income comes from such a country. US general aviation businesses would also need to disclose foreign ownership to receive federal assistance or FAA certificates.
HR 9707 · 119th Congress · July 15, 2026 · AI Summary by gemini-2.5-flash · 3/10
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