We have received text from H.R. 10517: Fair Fees Act. This bill was received on 2026-09-21, and currently has no cosponsors.
Here is a short summary of the bill:
This bill would require airlines, foreign airlines flying to or from the United States, and certain ticket sellers to provide cash refunds in a wider set of situations involving flights that are cancelled, significantly delayed, or significantly changed.
Refunds for airline-caused cancellations, delays, or changes
If a passenger has a ticket for a flight to, from, or within the United States, and the airline cancels the flight or the flight is significantly delayed or changed, the airline would have to give a full cash refund if the passenger does not want to:
- take the delayed or changed flight,
- accept a rebooking on another flight, or
- accept a voucher, credit, or other compensation.
The refund would include the fare, taxes, and ancillary fees collected by the carrier.
The bill defines a “significantly delayed or changed” flight to include at least:
- a domestic flight arriving 3 or more hours late, or
- an international flight arriving 6 or more hours late.
How quickly refunds must be paid
If the ticket was bought with a credit card, the refund would have to be issued within 7 business days after the refund request is considered made. If the ticket was bought with cash or another payment method, the refund would have to be issued within 20 days .
The bill also says a passenger is treated as having requested a refund in certain cases, such as when:
- the flight is cancelled and no alternative flight or compensation is offered,
- the passenger rejects the delayed/changed flight, a rebooking, or compensation, or
- the passenger does not respond by the time the cancelled or delayed flight was supposed to depart.
Ticket agents
Within 1 year, the Department of Transportation would have to issue a rule applying these refund requirements, and related notice rules, to ticket agents as well. If a ticket agent is responsible for giving the refund but does not have the passenger’s money, the airline would have to transfer the funds promptly.
Passenger-initiated cancellations
The bill would also require covered carriers and ticket agents to offer a full cash refund when a passenger cancels a ticket at least 48 hours before departure . That refund would have to include taxes and ancillary fees, and it would have to be paid within 30 days of the cancellation.
Before selling the ticket, the carrier or ticket agent would have to tell the passenger in writing that this cancellation right exists.
Vouchers and credits
Airlines could still offer vouchers, credits, or other compensation instead of a refund, but only if the offer clearly explains:
- the terms of the offer, and
- the passenger’s right to رفض it and choose a cash refund instead.
Any voucher or credit offered as an alternative would have to be usable without an expiration date or use-by deadline .
Who is covered
The bill would apply to:
- large passenger airlines with more than $1.5 billion in annual operating revenue,
- all foreign passenger airlines operating flights to or from the United States, and
- ticket agents, once the relevant rules are issued.
Starting in 2028, the $1.5 billion revenue threshold would rise with inflation each year.
Penalties
Violations of these requirements could lead to civil penalties under existing federal aviation law.
Relevant Companies
None found
Representative Steve Cohen Bill Proposals
Here are some bills which have recently been proposed by Representative Steve Cohen:
- H.R.10517: Fair Fees Act
- H.R.10516: FAIR Fees Act of 2026
- H.R.9670: Medical Bankruptcy Fairness Act of 2026
- H.R.9401: Latonya Reeves Freedom Act of 2026
- H.R.9186: Controlled Substances Act Clarification in Sciences Act of 2026
- H.R.8215: Volume II Transparency Act of 2026
You can track bills proposed by Representative Steve Cohen on Quiver Quantitative's politician page for Cohen.
Representative Steve Cohen Net Worth
Quiver Quantitative estimates that Representative Steve Cohen is worth $10.5M, as of September 25th, 2026. This is the 111th highest net worth in Congress, per our live estimates.
Cohen has approximately $3.7M invested in publicly traded assets which Quiver is able to track live.
You can track Representative Steve Cohen's net worth on Quiver Quantitative's politician page for Cohen.
Representative Steve Cohen Stock Trading
We have data on up to $17.6M of trades from Representative Steve Cohen, which we parsed from STOCK Act filings. Some of the largest trades include:
- A July 29th, 2022 purchase of up to $100K of $SCHD. The stock has risen 33.41% since then.
- A August 10th, 2022 purchase of up to $100K of $MS$P.
- A February 11th, 2022 purchase of up to $100K of $VRP. The stock has fallen 3.87% since then.
- A December 17th, 2025 sale of up to $100K of $MS. The stock has risen 12.31% since then.
- A February 11th, 2022 purchase of up to $100K of $PFFV. The stock has fallen 15.85% since then.
You can track Representative Steve Cohen's stock trading on Quiver Quantitative's politician page for Cohen.
2026 Tennessee's 9th Congressional District Election
There has been approximately $6,446,250 of spending in Tennessee's 9th congressional district elections over the last two years, per our estimates.
Approximately $581,218 of this has been from outside spending by PACs and Super PACs. Some of the groups who are spending money in this race include:
- CONSERVATIVES FOR AMERICAN EXCELLENCE INC. ($467,581)
- TENNESSEE IMMIGRANT AND REFUGEE RIGHTS COALITION VOTES ACTION PAC ($50,581)
- INDIVISIBLE ACTION ($29,347)
- SCHOOL FREEDOM FUND ($20,448)
- CHARTER SCHOOLS ACTION PAC ($5,891)
The rating for this race is currently "Solid R".
You can track this election on our matchup page for the 2026 Tennessee's 9th congressional district election.
This article is not financial advice. See Quiver Quantitative's disclaimers for more information.
