; and (3) shall address at least each of the following deficiencies in and abuses of the existing system: (A) The registration of aircraft to fictitious persons. (B) The use of false or nonexistent addresses by persons registering aircraft. (C) The use by a person registering an aircraft of a post office box or mail drop as a return address to evade identification of the person’s address. (D) The registration of aircraft to entities established to facilitate unlawful activities. (E) The submission of names of individuals on applications for registration of aircraft that are not identifiable. (F) The ability to make frequent legal changes in the registration markings assigned to aircraft. (G) The use of false registration markings on aircraft. (H) The illegal use of reserved registration markings on aircraft. (I) The large number of aircraft classified as being in self-reported status . (J) The lack of a system to ensure timely and adequate notice of the transfer of ownership of aircraft. (K) The practice of allowing temporary operation and navigation of aircraft without the issuance of a certificate of registration. . 5. Registration fees Not later than 180 days after the date of enactment of this Act, the Administrator shall issue such regulations as are necessary to increase the fees for registration of an aircraft under section 44103 of title 49, United States Code, to a level sufficient to cover the costs of efforts of the Administration to collect and verify applicant data and to cover the costs of inflation (to reflect the change in the Consumer Price Index for All Urban Consumers). 6. Information technology modernization In carrying out this Act, the Administrator shall ensure that, as the Administration undertakes information technology modernization efforts, the information collected in ancillary files or in PDF format on owners and related individuals and entities with potentially significant responsibilities for aircraft ownership (including beneficial owners (as such term is defined in section 5901 of