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Panel moves to narrow H.512 resale cap amendment and defer primary-ticketing changes
Summary
At its May 5 meeting, the House Economic Development, Housing & General Affairs committee reviewed an amendment to H.512 that adjusts the definition of "independent venue," preserves a 110% resale cap for smaller Vermont venues and removes a sentence that would have exempted large ticketing firms; lawmakers agreed to keep the bill focused on resale and revisit primary-ticketing rules next year.
BURLINGTON — The House Economic Development, Housing & General Affairs committee on May 5 considered an amendment to H.512, a bill that would cap ticket resale prices and change how the law defines "independent venues." After testimony from legislative counsel, industry representatives and the Vermont Arts Council, the panel proposed narrowing the amendment now and postponing changes to primary-ticketing rules to a future session.
Cameron, legislative counsel, told the committee the draft contains two replacement provisions for the definition of "independent venue." The amendment keeps a 110% cap on resale prices but ties that cap to events held at independent venues with a seating-capacity threshold; the version discussed would apply the cap to venues that seat 3,000 or fewer and to certain nonprofit event spaces. The draft also included an exclusion for event spaces that are party to…
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