This following synopsis provided by:

This is a synopsis of the definition of a
light-sport aircraft category, the requirements to obtain a sport pilot
certificate, and requirements to obtain a repairman certificate with a
maintenance or inspection rating. For more complete details, see EAA’s final
analysis of the rule.
Light-Sport Aircraft:
 | Maximum gross takeoff weight—1,320 lbs (599
kg.), 1,430 lbs for seaplanes. |
 | Lighter-than-air light-sport aircraft maximum
gross weight—660 lbs (300 kg.) |
 | Maximum stall speed—51 mph (45 knots)
|
 | Maximum speed in level flight with maximum
continuous power (Vh)—138 mph (120 knots) |
 | Two-place maximum (pilot and one passenger)
|
 | Single, non-turbine engine only, includes
rotary or diesel engines |
 | Fixed or ground adjustable propeller
|
 | Unpressurized cabin |
 | Fixed landing gear, except for an aircraft
intended for operation on water or a glider |
 | Can be manufactured and sold ready-to-fly
under a new Special Light-Sport aircraft certification without FAR Part 23
compliance. Aircraft must meet consensus standards. Aircraft under this
certification may be used for sport and recreation, flight training, and
aircraft rental. |
 | Can be licensed Experimental Light-Sport
Aircraft (E-LSA) if kit- or plans-built. Aircraft under this certification may
be used only for sport and recreation and flight instruction for the owner of
the aircraft. |
 | Can be licensed Experimental Light-Sport
Aircraft (E-LSA) if it was kit- or plans-built and operated as an ultralight
trainers. Aircraft must be transitioned to E-LSA category no later than
January 31, 2008. |
 | Will have FAA registration—N-number.
|
 | Aircraft category and class includes: Airplane
(Land/Sea), Gyroplane, Airship, Balloon, Weight-Shift-Control (Trike
Land/Sea), and Powered Parachute. |
 | U.S. or foreign manufacture of light-sport
aircraft is authorized. |
 | Aircraft with a standard airworthiness
certificate that meet above specifications may be flown by sport pilots.
However, that airworthiness certification category will not be changed to a
light-sport aircraft. Holders of a sport pilot certificate may fly an aircraft
with a standard airworthiness certificate if it meets the definition of a
light-sport aircraft. |
 | May be operated at night if the aircraft is
equipped per FAR 91.209 and the pilot holds at least a Private Pilot
certificate and a minimum of a third-class medical.
|
 | Creates a new student sport pilot certificate
for operating any aircraft that meet the definition of a light-sport aircraft.
|
 | Creates a new sport pilot flight instructor
certificate. |
 | Requires FAA knowledge (written) and practical
(flight) test. |
 | Credits ultralight training and experience
toward a sport pilot certificate. |
 | Credits sport pilot flight time toward more
advanced pilot ratings. |
 | Requires either a 3rd class FAA medical
certificate or a current and valid U.S. driver’s license as evidence of
medical eligibility (provided the individual does not have an official denial
or revocation of medical eligibility on file with FAA). |
 | Does not allow carrying passengers for
compensation or hire |
 | Allows sharing (“pro-rata”) operating expenses
with another pilot. |
 | Allows daylight (civil twilight) flight only.
|
 | Allow sport pilots to fly vintage and
production aircraft (standard airworthiness certificate) that meet the
definition of a light-sport aircraft. |