Bill Summary for S 894 (2023-2024)

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Summary date: 

May 6 2024

Bill Information:

View NCGA Bill Details2023-2024 Session
Senate Bill 894 (Public) Filed Thursday, May 2, 2024
Intro. by Garrett, Batch, Chaudhuri.

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Bill summary

Amends GS 14-344.1, so that it now pertains to the internet resale of admission tickets (currently, pertains to internet sale of tickets at greater than the printed price). Specifies, that except as provided by the statute, the total price at which a person may resell an admission ticket on the internet cannot exceed the sum of the total price of the initial ticket, including all fees and taxes in connection with the initial ticket. Directs that if the initial tickets were purchased for a series of events, such as season tickets for a sports team, the total resale price of a ticket for a single event cannot exceed the total price of a comparable ticket, including all fees and taxes. Requires the listing of the ticket and each step of the transaction to comply with GS 13-344.1A, below. Removes provisions allowing venues to prevent resales of tickets at greater than the printed price and makes conforming changes. Limits a website’s service fee for reselling the ticket to 10% of the total price of the initial ticket. Requires ticket resellers to provide the initial ticket issuer with their contact information, to enable the issuer to notify the resale ticket purchaser of any changes of event circumstances. 

Prohibits the sale of speculative tickets. Prohibits persons from prohibiting or restricting the transfer or resale of a ticket made available to the general public for purchase, subject to reasonable restrictions imposed by the person who, directly or indirectly, issued the original ticket for the event.  Makes it unlawful for a website to enable the resale of a ticket in violation of the statute. 

Adds new GS 14-344.1A, requiring three prongs of information to be included on each step of the transaction to purchase a ticket sold on the internet (GS 14-344.1) or in excess of the printed price that are not sold online (GS 14-344). Makes failure to do so a Class 2 misdemeanor. 

Effective December 1, 2024, and apply to tickets sold, resold, or offered for sale or resale on or after that date.

Appropriates $100,000 from the General Fund to the Department of Commerce in nonrecurring funds for the 2024-25 fiscal year to increase public awareness about the revisions to the law caused by the act. Specifies that prosecutions for offenses before the effective date of the act are not abated or affected by the act, and the statutes that would be applicable but for the act remain applicable to those prosecutions. Effective July 1, 2024.