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Vermont committee reviews draft bill to regulate event ticket resale
Summary
The House Committee on Commerce & Economic Development heard a briefing on H.512, a short-form bill modeled on New York law that would require transparency, refunds in certain cases, licensing, surety bonds and Attorney General enforcement for ticket resellers.
The Vermont House Committee on Commerce & Economic Development on May 15 heard a briefing on H.512, a short-form bill to regulate the resale of event tickets by improving price transparency, requiring refunds in certain cases and creating licensing and enforcement provisions.
The measure, modeled on an existing New York statute, aims to enhance consumer protections for people who buy tickets for concerts, sporting events and other public events, committee members were told.
Cameron Wood of the Office of Legislative Council summarized the draft for the committee, saying the bill would require resellers or platforms that facilitate resale to guarantee a full refund "under certain circumstances," including if tickets are counterfeit or an event is canceled. Wood said the draft also would require itemized pricing that lists taxes and fees, prohibit selling tickets a reseller…
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