Bill > S08479

This bill establishes the "Fair Concession Pricing Act," which requires entertainment facilities that receive public financial benefits to implement affordable food and beverage pricing. Specifically, the bill defines an entertainment facility as a venue with over 2,500 seats used primarily for entertainment or sports events, and mandates that such venues price their concessions no more than 20% above the average retail prices in the surrounding area (within a 10-mile radius). Public financial benefits include taxpayer funds for construction or operation, or tax exemptions. Venues must submit annual compliance reports to the Department of State detailing their concession prices and market comparisons, and the Secretary of State can conduct random audits. If a venue violates these pricing requirements, the Attorney General can seek an injunction, and courts can impose civil penalties up to $10,000 per event, with repeated violations potentially resulting in the suspension of tax exemptions or repayment of public funds. The underlying intent is to ensure that venues receiving public subsidies maintain affordable pricing for consumers, promoting accessibility and fairness for event attendees.

Business and Industry

https://www.nysenate.gov/legislation/bills/2025/S8479