Simplify the following text for a Grade 9 native English-speaking person.
Original: In October 2006 , he made a far-reaching decision by vetoing the bill which would transfer Germany 's Air Safety Administration Deutsche Flugsicherung into private ownership .
Simplified: In October 2006 , he made a far-reaching decision by vetoing a bill . It would transfer Germany 's Air Safety Administration Deutsche Flugsicherung into private ownership .