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NC S894

Bill

Status

Introduced

5/2/2024

Primary Sponsor

Michael Garrett

Click for details

Origin

Senate

2023-2024 Session

AI Summary

  • Caps internet ticket resale prices at the original ticket price plus all fees and taxes, or for season tickets, the price of a comparable single event ticket.

  • Limits resale website service fees to a maximum of 10% of the initial ticket price.

  • Requires resellers to provide clear disclosure of total price with itemized charges, seat identification, and information about ticket guarantees before purchase completion.

  • Prohibits resale of speculative tickets (those not in actual or constructive possession of the reseller) and allows venues to file prohibition notices with the Secretary of State to ban resales for specific events.

  • Appropriates $100,000 to the Department of Commerce for public awareness campaign; requires resale websites to provide resale purchaser contact information to original ticket issuers; effective December 1, 2024 for ticket transactions.

Legislative Description

Revise Law on Sale & Resale of Tickets

Commerce; Electronic Commerce; Entertainment Industry; Information Technology; Internet; Public; Sales & Conveyances; Sports; Te

Last Action

Ref To Com On Rules and Operations of the Senate

5/6/2024

Committee Referrals

Rules and Operations of the Senate5/6/2024

Full Bill Text

No bill text available