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Ab 1720

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California Moves to Limit Resale Ticket Markups to 10%
politics4 hours ago

California Moves to Limit Resale Ticket Markups to 10%

California Assemblyman Matt Haney introduced AB 1720, the California Fans First Act, to cap resale concert tickets at no more than 10% over face value (excluding sports), aiming to curb bots and brokers and keep tickets affordable; the bill is backed by NIVA CA and Music Artists Coalition and would complement AB 1349 addressing speculative ticketing and deceptive resale sites. Maine has already enacted a similar cap, and other states are pursuing similar measures, signaling a broader push to reform the resale market.