Texas House Bill HB146

Texas 2021 - 87th 1st C.S.

Caption

Relating to requiring the disclosure of fees charged for the sale of concert and other event tickets.

Impact

The implementation of HB 146 is likely to have significant implications for the event ticketing industry in Texas. By mandating clear disclosure of fees, the bill seeks to protect consumers from unexpected charges that can inflate the price of attending events. Stakeholders within the event and entertainment sectors may experience operational changes, as they will need to adjust their pricing strategies to comply with the new regulations. This increased transparency could foster a more competitive market environment, potentially benefiting consumers through more favorable pricing and options.

Summary

House Bill 146 requires that all fees charged for the sale of concert and other event tickets be fully disclosed. The bill amends Title 6 of the Business & Commerce Code by adding a new chapter dedicated to the transparency of ticket pricing. According to the bill, sellers and resellers of tickets, including ticket websites, must clearly post all applicable fees in a manner that is easily accessible to potential purchasers. This aims to enhance consumer awareness and allow ticket buyers to make informed decisions when purchasing event tickets.

Contention

While the bill is primarily aimed at protecting consumers, there may be contention among various stakeholders regarding its impact on the ticketing industry. Some ticket vendors and platforms may argue that the requirements for fee disclosure could complicate their businesses, particularly if they rely on variable pricing models. Critics might express concerns that the bill could deter smaller vendors from participating in the market or lead to higher upfront ticket prices as companies navigate the regulations. Balancing consumer protection with a fair operating environment for ticket sellers will be crucial in the discussions surrounding HB 146.