This bill amends Minnesota Statutes 2024, section 325F.676, to enhance consumer protection in the ticket resale market. It introduces new definitions, including "Broadway show" and "Broadway touring engagement," and mandates that ticket resellers and online marketplaces disclose the original purchase price and percentage markup of tickets during the purchasing process. Additionally, it establishes a price limitation, prohibiting reselling tickets for more than 115% of the original price, with exceptions for professional or collegiate sporting events and Broadway shows.

Furthermore, the bill grants individuals a private right of action for violations, allowing them to seek damages, including statutory damages of at least $500 per violation, as well as attorney fees and injunctive relief. It also requires the commissioner of commerce to submit a report by January 15, 2028, summarizing enforcement activities related to these regulations. The bill aims to ensure transparency in ticket pricing and protect consumers from misleading practices in the resale market.

Statutes affected:
Introduction: 325F.676