Time is Money Act

HR 4193, the Time is Money Act, updates airline passenger protections by lowering the delay threshold that triggers airline assistance. It requires the Transportation Secretary to amend federal regulations within 180 days, reducing the definition of a "significantly delayed flight" from 3 hours to 2 hours for domestic trips and from 6 hours to 5 hours for international trips. This change directly affects air travelers experiencing these shorter delays, making it easier for them to qualify for airline services like meals, accommodations, or refunds. The bill focuses on adjusting the specific delay timeframes in existing rules, not on new financial penalties or broader airline regulations.