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House Commerce & Economic Development Committee advances event-ticket bill, keeps 10% resale premium cap
Summary
The Vermont House Committee on Commerce & Economic Development voted to report H.512 (draft 4.1) favorably after adopting technical edits and keeping a 10% allowable resale premium (capped at 110% of the original ticket price). Legislative counsel said the definition of "price" includes taxes and fees but excludes shipping; the bill retains an exception for written contracts.
MONTPELIER — The Vermont House Committee on Commerce & Economic Development on Feb. 24 advanced H.512, an event-ticket resale bill, voting to report the draft favorably after adopting technical edits and keeping a 10% allowable resale premium cap.
Cameron Wood of the Office of Legislative Council walked members through draft 4.1 of a strike-all amendment and said the measure now defines "price" as "the total amount paid or to be paid for a ticket including all taxes, fees, and charges." Wood clarified the definition by noting, "Price does not include actual shipping costs." He also described edits requested by the attorney general's office to tighten phrasing, require that…
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