Bill > S08221

This bill, known as the "Affordable Concerts Act," enacts several changes to live event ticket sales in New York. Part A introduces an annual renewal fee for "professional resellers," defined as individuals or entities regularly engaged in reselling tickets, with fees varying based on the number of tickets resold annually, and requires these professional resellers to provide their New York state ticket reseller license number when using online resale marketplaces. Part B expands the criteria for when a ticket purchaser is entitled to a full refund, including situations where an event is postponed more than once, rescheduled more than a year later, or not rescheduled within three months of its original date, and also mandates that resellers honor refund or exchange opportunities offered by primary ticket sellers. Part C clarifies ticket resale requirements, ensuring that resellers either possess the ticket or have explicit authorization to obtain it from the primary seller before advertising or contracting for its sale, and that tickets are "placed on sale" to the general public before being advertised for resale. Part D defines terms like "primary ticket seller" and "ticketing company," and modifies rules regarding unlawful charges, allowing for a reasonable service charge of up to 20% for specific services, with certain exceptions for smaller venues and Broadway theaters, and also sets limits on resale prices for non-sporting and non-Broadway theatrical events. Part E requires primary ticket sellers to disclose the total number of tickets offered for general public sale at least seven days before they become available, with some exceptions for smaller venues. Part F makes minor adjustments to rules regarding paperless ticketing systems, and Part G extends the effectiveness of certain ticket resale regulations until June 30, 2029.