summary
Introduced
01/09/2024
01/09/2024
In Committee
01/09/2024
01/09/2024
Crossed Over
Passed
Dead
Introduced Session
2024-2025 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 practice of "speculative ticketing," where ticket resellers sell tickets they do not actually possess at the time of sale. Specifically, the bill removes provisions that previously allowed for the sale of tickets not in the reseller's possession, requiring resellers to only sell tickets they currently have in their possession. The bill also requires resellers to provide full refunds to purchasers if an event is cancelled or the ticket does not grant admission for reasons beyond the purchaser's control. Additionally, the bill prohibits the use of software or technology to circumvent ticket purchasing limits set by ticket issuers.
Committee Categories
Business and Industry
Sponsors (1)
Last Action
Introduced in the Senate, Referred to Senate Commerce Committee (on 01/09/2024)
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/2024/S519 |
| BillText | https://pub.njleg.gov/Bills/2024/S1000/519_I1.HTM |
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