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Bill > SB2344


IL SB2344

IL SB2344
TICKET RESALE REFUNDS


summary

Introduced
02/26/2021
In Committee
04/23/2021
Crossed Over
Passed
Dead
04/08/2022

Introduced Session

Potential new amendment
102nd General Assembly

Bill Summary

Amends the Ticket Sale and Resale Act. Revises the nomenclature used in the Act. Provides for the regulation of primary sellers and venues (rather than a theater, circus, baseball park, and place of public entertainment or amusement). Provides for resale marketplaces instead of Internet auction sites. Prohibits the restriction of the ability of a purchaser to resell tickets. Defines terms. Provides alternative refund provisions for primary sellers and resale marketplaces that include store credits, time limits, and discounts on future events. Changes penalties for violating the Act. Makes other changes.

AI Summary

This bill amends the Ticket Sale and Resale Act in Illinois. The key provisions are: 1. It revises the terminology, replacing "theater, circus, baseball park, and place of public entertainment or amusement" with "primary seller" and "venue." 2. It prohibits primary sellers from restricting a purchaser's ability to resell tickets, including on the secondary ticket sales marketplace of the purchaser's choice. 3. It provides alternative refund provisions for primary sellers and resale marketplaces, including allowing them to offer store credits or gift cards worth at least 110% of the ticket value in the event of a canceled event. 4. It changes the penalties for violating the Act, removing the criminal misdemeanor penalty and instead allowing fines of up to $5,000 per offense and potential license revocation for venues. Overall, the bill aims to provide more consumer protections and flexibility for ticket resales in Illinois.

Committee Categories

Justice

Sponsors (1)

Last Action

Rule 3-9(a) / Re-referred to Assignments (on 04/23/2021)

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