summary
Introduced
06/20/2023
06/20/2023
In Committee
06/20/2023
06/20/2023
Crossed Over
Passed
Dead
01/08/2024
01/08/2024
Introduced Session
2022-2023 Regular Session
Bill Summary
This bill amends current law governing the reselling of tickets by prohibiting tentative ticket sales, otherwise known as "speculative ticketing." Specifically, the bill removes provisions of current law that allow for the sale of tickets not in the reseller's possession under certain circumstances. The bill prohibits resellers from employing tentative ticket policies, whereby the reseller sells tickets that are not in the reseller's possession at the time of sale.
AI Summary
This bill amends current law to prohibit the sale of tickets that the reseller does not possess at the time of sale, a practice known as "speculative ticketing." Specifically, the bill removes provisions that previously allowed resellers to sell tickets not in their possession, as long as they disclosed an approximate delivery date and guaranteed a refund if the tickets could not be secured. The bill also prohibits resellers from selling the same seat to multiple people simultaneously and from using technology to circumvent ticket purchase limits set by the event organizers.
Committee Categories
Business and Industry
Sponsors (2)
Last Action
Introduced, Referred to Assembly Consumer Affairs Committee (on 06/20/2023)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.njleg.state.nj.us/bill-search/2022/A5639 |
| BillText | https://pub.njleg.gov/Bills/2022/A6000/5639_I1.HTM |
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