This article was created by AI using a key topic of the bill. It summarizes the key points discussed, but for full details and context, please refer to the full bill.
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Louisiana's Senate Bill 188 aims to crack down on ticket scalping by imposing strict resale regulations on admission tickets for events like concerts and sports. Introduced on April 4, 2025, the bill prohibits individuals from reselling tickets for more than the original price plus any associated fees and taxes. This move seeks to protect consumers from inflated prices and speculative ticket sales that have plagued the secondary market.
Under the proposed law, tickets can only be resold through authorized websites or secondary ticket exchanges that guarantee a full refund under specific conditions. These platforms may charge a service fee capped at 10% of the ticket's original price, ensuring that sellers can still profit without exploiting buyers. Violators of this law face fines ranging from $100 to $500, alongside penalties outlined in the Unfair Trade Practices and Consumer Protection Law.
The bill has sparked notable debates among lawmakers and stakeholders. Proponents argue it will enhance consumer protection and promote fair pricing, while opponents raise concerns about the potential impact on the secondary market's viability. Critics fear that limiting resale prices could deter individuals from selling tickets altogether, leading to fewer options for consumers.
As the bill moves forward, its implications could reshape the landscape of ticket sales in Louisiana, balancing the interests of consumers and sellers. If passed, SB 188 will take effect on August 1, 2025, marking a significant shift in how admission tickets are bought and sold in the state.
Converted from Senate Bill 188 bill
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