As 2003 comes to a close, one of the most long-awaited new
series of rules seems somewhat closer to reality... some YEARS
after what was originally promised and hyped by most
concerned.
SecTrans Mineta has finally signed off on the proposed Sport
Pilot/Light Sport Aircraft Rule. From here, it winds its way
through the Office of Management and Budget, which is
expected to be the final step in the Rulemaking
process.
OMB is allowed up to 90 days to evaluate the rule and pass
judgement -- and it is expected that they will use the full
evaluation period before completion. If no other obstacles make
themselves known, there is a possibility that the SP/LSA rule may
actually come about after April 2004 -- but experience teaches us
not to hold our breath. We'll keep you inf