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Bill > H0512


VT H0512

VT H0512
An act relating to the regulation of the event ticketing market


summary

Introduced
04/29/2025
In Committee
04/29/2025
Crossed Over
Passed
Dead

Introduced Session

2025-2026 Session

Bill Summary

This bill proposes to enhance consumer protection in the event ticketing market by regulating the resale of tickets through improved transparency and the prevention of predatory and deceptive practices. The bill proposes to require entities that resell or facilitate the resale of tickets to guarantee to each purchaser a full refund under certain circumstances; to provide clear, itemized price details, including taxes and fees; to prohibit selling tickets that a reseller does not own or have under contract, unless the reseller provides notice to the purchaser in a clear and conspicuous manner; and to prohibit the use of ticket purchasing software or other methods to bypass online sales limits or other security measures. The bill also proposes to require annual licensing for ticket resellers, require those H.512 resellers to maintain a minimum surety bond to cover consumer losses, and require the maintenance of certain records regarding resale transactions. Finally, the bill proposes to provide enforcement authority with the Office of the Attorney General and authorizes the Attorney General to conduct audits for compliance, to issue administrative penalties, and to revoke or suspend a reseller’s license under appropriate circumstances. Violations shall constitute an unfair and deceptive act in commerce in violation of 9 V.S.A. § 2453.

AI Summary

This bill aims to enhance consumer protection in the event ticketing market by introducing new regulations for ticket resellers. The proposed legislation would require ticket resale entities to provide full refunds under certain circumstances, disclose clear and itemized price details including all taxes and fees, and prohibit the sale of tickets that the reseller does not actually own or have under contract (with mandatory clear disclosure if such a situation exists). The bill would also ban the use of ticket purchasing software designed to circumvent online sales limits or security measures. Additionally, ticket resellers would be required to obtain annual licenses, maintain a minimum surety bond to protect consumers from potential financial losses, and keep detailed records of resale transactions. The Office of the Attorney General would be granted enforcement authority, including the power to conduct compliance audits, issue administrative penalties, and revoke or suspend reseller licenses when appropriate. Any violations would be considered unfair and deceptive commercial practices under Vermont state law, subject to penalties outlined in the existing consumer protection statutes.

Committee Categories

Business and Industry

Sponsors (12)

Last Action

House Committee on Commerce and Economic Development Hearing (00:00:00 5/27/2025 ) (on 05/27/2025)

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