Bill > H3449

This bill amends two sections of South Carolina law related to ticket resales, primarily focusing on removing certain exceptions to ticket resale regulations. Under the revised law, ticket resellers will be more strictly limited in how they can sell tickets, with most resales now prohibited from exceeding the original ticket price by more than one dollar. The bill eliminates previous exemptions for specific types of event tickets, particularly those associated with higher education institutions, and clarifies the definition of "open market event tickets" and "permitted physical locations" for ticket resales. The legislation maintains criminal penalties for violations, with potential fines up to $100 or imprisonment up to 30 days, and considers each ticket resale a separate offense. Additionally, the bill reinforces that ticket resellers who purchase tickets in quantities exceeding posted limits and intend to resell them for more than one dollar above the original price will be subject to the South Carolina Unfair Trade Practices Act, which provides for potential penalties and damages. The new regulations aim to protect consumers from excessive ticket markup and provide more consistent rules for ticket resales across different types of events.

Business and Industry

https://www.scstatehouse.gov/billsearch.php?billnumbers=3449&session=126&summary=B