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Sunday, November 17, 2024

House passes TICKET Act aimed at fairer online ticket marketplace

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Cathy McMorris Rodgers - the Chair of the House Energy and Commerce Committee | Official U.S. House headshot

Cathy McMorris Rodgers - the Chair of the House Energy and Commerce Committee | Official U.S. House headshot

Today, the House of Representatives passed H.R. 3950, the Transparency In Charges for Key Events Ticketing (TICKET) Act, by a vote of 388 - 24. This significant legislative move was lauded by House Energy and Commerce Committee Chair Cathy McMorris Rodgers (R-WA), Committee Ranking Member Frank Pallone, Jr. (D-NJ), Innovation, Data, and Commerce Subcommittee Chair Gus Bilirakis (R-FL), and Subcommittee Ranking Member Jan Schakowsky (D-IL).

The group released a joint statement: “This consensus legislation will end deceptive ticketing practices that frustrate consumers who simply want to enjoy a concert, show, or sporting event by restoring fairness and transparency to the ticket marketplace. After years of bipartisan work, we will now be able to enhance the customer experience of buying event tickets online. We look forward to continuing to work together to urge quick Senate passage so that we can send it to the President's desk to be signed into law.”

The TICKET Act aims to increase transparency and fairness in the live event ticket marketplace through several measures:

1. It mandates that the total price of an event ticket be displayed upfront, inclusive of all fees.

2. It prohibits the sale of a ticket that a seller does not have (“speculative ticketing”).

3. It guarantees refunds for event cancellations and postponements.

4. It requires clear disclosures and bans deceptive URLs to protect consumers from fraudulent ticketing websites.

5. It calls for the Federal Trade Commission study and report on enforcement of the BOTS Act (Pub.L. 114-274).

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