California’s 10% ticket resale price cap dies in Senate committee, as StubHub’s state lobbying spend hits $3.4M this year

← Back to the feed

California’s 10% ticket resale price cap dies in Senate committee, as StubHub’s state lobbying spend hits $3.4M this year

Music Business Worldwide · 2 hours ago

California’s proposed 10% cap on ticket resale prices has failed after the Senate Appropriations Committee placed AB 1720 on its suspense file, preventing it from reaching a vote this legislative session. The measure aimed to curb high-priced secondary ticket sales and marketplace fees, but opposition centred on the public cost of enforcement and possible pressure on the courts.

Originally covering concerts and live events more broadly, the bill was amended to apply mainly to independent venues with capacities of 3,000 or fewer and certain non-profit venues; professional sport was exempt. State officials estimated enforcement would cost $1.6 million in 2026–27, falling to about $582,000 annually thereafter, while StubHub reported almost $2.6 million in California lobbying expenses from April to June and $3.4 million for the year so far. Supporters including artists’ and independent-venue groups said the proposal would have reduced incentives for predatory resale practices; a new bill would be needed when the legislature reconvenes.

  • California’s 10% ticket resale cap will not proceed this session.
  • Enforcement costs helped sink the proposed legislation.
  • Supporters plan to pursue new ticketing reforms.

Elections Government Politics

Read the full article at the source →