State senator James Skoufis will introduce several proposed amendments to New York’s exiting ticketing laws on Friday morning, the most notable of which focuses on capping resale prices to the original face value ticket price.
“The total price at which a ticket reseller may sell or offer to sell a ticket to a live music concert or music performance may not exceed the total price of the initial ticket, inclusive of all fees and taxes, including those set forth in subdivision one of this section, in connection with the purchase of the initial ticket,” reads a draft of the bill Skoufis’ office shared with The Hollywood Reporter.
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