The bill, titled "Sale of Event Tickets," introduces a new chapter to the Business & Commerce Code in Texas, specifically Chapter 330, which outlines regulations for the sale and resale of tickets for events such as concerts and sporting events. Key provisions include definitions for terms like "base ticket price," "event ticket fee," and "primary ticket seller," as well as requirements for transparency in pricing. Primary ticket sellers and secondary market ticket sellers are mandated to disclose the total ticket price clearly and cannot increase this price once it is displayed. Additionally, primary ticket sellers are prohibited from restricting the resale of tickets and must deliver tickets to purchasers within seven days of purchase.
The bill also establishes requirements for secondary market ticket sellers and exchanges, ensuring they possess the tickets they sell and maintain clear distinctions between their services and direct ticket purchases. It allows for certain exceptions, such as prohibiting resale of tickets offered for free or for charitable purposes. The legislation aims to enhance consumer protection and transparency in the ticketing industry while ensuring that existing laws regarding ticket sales remain unaffected. The act is set to take effect on October 1, 2025.
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