California Proposes Bill to Limit Ticket Resale Prices
California may soon implement a significant change in the ticket resale market. Assemblyman Matt Haney recently introduced the California Fans First Act, otherwise known as AB 1720. This bill aims to cap resale prices for concert, theater, and other live entertainment tickets at no more than 10% above the original face value.
Overview of the California Fans First Act
The proposed legislation seeks to prevent price gouging by resellers. Tickets for live events, excluding sports, would be restricted to a maximum resale markup of 10%. This cap means that fans will have better access to affordable ticket prices.
Support and Backing
- Backed by the National Independent Venue Association (NIVA CA).
- Supported by the Music Artists Coalition.
- Inspired by Maine’s successful resale cap legislation passed in 2025.
Assemblyman Haney stated, “The purpose is to curb the exorbitant resale prices driven by bots and brokers who exploit the ticketing system.” The bill aims to protect both fans and artists, encouraging a fair marketplace.
Comparative Legislation
California is not alone in exploring these measures. Other states, including New York, Vermont, Washington, and Tennessee, are also considering similar legislation. The idea is gaining momentum across the U.S., driven by recent international developments, including the UK’s plans to limit resale prices.
Impact on the Live Music Ecosystem
Advocates believe that enforcing a resale price cap will enhance the overall live music ecosystem. By preventing inflated prices, more fans can afford to attend shows, which in turn benefits venues and artists alike. The increased attendance could lead to higher sales of food, beverages, and merchandise, further supporting the sector’s recovery post-pandemic.
Related Legislative Measures
The California Fans First Act complements another recent bill, AB 1349. This legislation targets speculative ticketing practices. It aims to eliminate misleading sales by prohibiting advertisements for tickets that are not owned by the seller.
Joe Rinaldi, president of NIVA CA, emphasizes the importance of establishing customer confidence in the ticket purchasing process. He believes that both bills are essential for restoring trust in the marketplace.
Future Prospects
With California’s initiative, there is hope for a nationwide shift in how tickets are resold. As more states consider similar caps, the ticket resale market may see fundamental changes that put fans first. This movement is crucial for ensuring accessibility and fairness in the live entertainment industry.