For me being on the management side of aviation I can see this law having an effect on my aviation career in a more stressful way. With all these sections being enforced under each of these titles working for the FAA to update these regulations and revise them would not be the easiest thing. Section 203 under title two FAA pilot records database is broken down into many sub-parts. Working as a Human Resource personal within the aviation field and trying to keep record of each pilot information needed would be a huge responsibility.
From my perspective I think this can have an effect on EMU's future in flight training for those students who plan on pursuing their career flying for a 121 domestic air carrier. In today's domestic air carrier a first officer could have a minimum of 250 hours of flying. With this ATP certificate which sets the flight hour requirements to over a 1000 hours which is a lot higher then normal standards it can impact a student attending a four year college whose trying to become a pilot. AOPA has an artical that elaborates on proposed first officer requirements and talks about the pilots training, eligibility and qualifications without having a negative impact on the general aviation side. I personally think that if this law was to be passed by next year it would mainly impact the students who want to pursue their career's within the 121 domestic air carrier more so than the general aviation.