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 specific pricing information during the ticket purchasing process. These disclosures must include the total cost of the ticket, the original purchase price, and the percentage markup above that price. Additionally, the bill establishes a price limitation, prohibiting ticket resellers from selling tickets for more than 115% of the original purchase price, with exceptions for professional or collegiate sporting events and Broadway shows.

Furthermore, the bill grants individuals a private right of action for violations of these provisions, 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. Overall, the bill aims to create a more transparent and fair ticket resale market for consumers in Minnesota.

Statutes affected:
Introduction: 325F.676