The bill, titled "Sale of Event Tickets," introduces Chapter 330 to the Business & Commerce Code, establishing new regulations for the sale and resale of tickets for events in Texas. It defines key terms such as "base ticket price," "event ticket fee," and "secondary market ticket seller," and outlines the requirements for primary ticket sellers and secondary market ticket exchanges. Notably, primary ticket sellers are prohibited from restricting the resale of tickets and must deliver tickets to purchasers within seven days. Additionally, they are required to transparently disclose the total ticket price and cannot increase this price during the purchasing process.
The bill also sets forth specific requirements for secondary market ticket sellers and exchanges, including the necessity of possessing the tickets they sell. It emphasizes the importance of clear communication regarding the nature of services offered and mandates refunds or replacements if tickets cannot be obtained. Furthermore, the legislation clarifies that it does not alter existing laws related to ticket sales. The provisions of this act are set to take effect on October 1, 2025.
Statutes affected: Introduced: ()