This bill aims to regulate the practices of secondary ticket exchanges, ticket issuers, and resellers, while also prohibiting the sale of speculative tickets. It introduces new definitions and requirements for the resale of tickets, including the need for clear and conspicuous disclosure of the total ticket price, including all fees, surcharges, and taxes, from the first time a price is displayed. The bill also mandates that resellers may not sell speculative tickets, which are tickets not in their possession or ownership at the time of sale. It outlines conditions under which a reseller or secondary ticket exchange can offer a service to obtain tickets on behalf of a consumer, including full refunds or replacement tickets if the service fails to obtain the specified ticket.

The bill further prohibits the use of trademarked or copyrighted URLs, titles, images, or symbols of a ticket issuer in a way that could mislead potential purchasers. It does not apply to persons acting on behalf of a ticket issuer and allows for the use of certain text or images for descriptive purposes. The bill is set to take effect on January 1, 2025. The fiscal note indicates that there is no estimated impact on state, county, or local revenue or expenditures, but the impact on the judicial and correctional systems is indeterminable. The bill may affect prosecution, incarceration, probation, and parole costs for state, county, and local governments.

Statutes affected:
Introduced: 358-A:1, 358-A:2
As Amended by the Senate: 358-A:2