Assemblymember Matt Haney, D-San Francisco, introduced legislation last week aimed at limiting ticket scalping by capping resale prices for concerts and other live events, his office announced.Â
Assemblymember Haney announced AB 1720, the California Fans First Act, which would limit ticket resale prices to no more than 10% above face value, a press release issued the same day noted.
The bill is intended to curb price gouging by ticket brokers and resale platforms and keep live entertainment affordable, Haney said.
The proposal targets professional scalpers and automated bots that buy large volumes of tickets and resell them at steep markups, often several times the original price.
Supporters say the practice prices fans out of shows while diverting revenue away from artists and venues.
The bill would still allow fan-to-fan resales at a modest markup but prohibit large-scale profiteering. It would apply to concerts, comedy shows and theatrical performances, but not sporting events, Haney’s office said.