The bill aims to enhance consumer protection and transparency in New Jersey's ticket sales and resales by introducing several key provisions. It mandates that ticket sellers disclose the full price of tickets, including all fees and charges, clearly and prominently before purchase, applicable to both online and physical sales. The legislation also introduces new definitions and regulations for ticket brokers, resellers, and issuers, including restrictions on resale prices and prohibitions against practices that hinder ticket resale. Additionally, it requires ticket issuers to provide a transferable option at no extra cost and prohibits deceptive practices that give unfair advantages in ticket purchasing.

Moreover, the bill empowers the Division of Consumer Affairs to investigate complaints related to ticket sales, impose penalties for violations, and maintain a public database of enforcement actions. It addresses issues such as improper resale restrictions, price gouging, and the use of automated systems to limit ticket access. The legislation also includes strict penalties for repeat offenders, including fines and potential bans from the resale market. Overall, the bill seeks to create a fairer and more transparent ticketing environment for consumers in New Jersey, ensuring their rights are safeguarded in the ticket resale market.

Statutes affected:
Introduced: 56:8-26, 56:8-27, 56:8-35.5