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Committee clears bill to regulate secondary ticket market, creates 10-day face-price window
Summary
HB 16-50 would legalize and regulate secondary ticket sales in Arkansas with consumer protections, including a 10-day window requiring institutions to offer identified public-sale tickets at face value; witnesses said the law would reduce fraud and give fans a chance to buy at face price.
The Senate Insurance & Commerce committee voted to pass House Bill 16-50, a measure that would legalize and regulate the secondary ticket market in Arkansas while requiring consumer protections and a 10-day window in which certain tickets must be offered at face value.
University witnesses and athletic directors testified that the measure is intended to protect fans from counterfeit tickets…
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