New Jersey Assembly Bill A5638

New Jersey 2022-2023 Regular Session

• Introduced: 6/20/23
• Refer: 6/20/23

Caption

Requires Division of Consumer Affairs display list of all registered ticket brokers on division's website.

Impact

The legislation directly amends the existing laws related to the registration of ticket brokers as specified in P.L.1983, c.135. By ensuring that this information is readily accessible to the public, the bill is expected to reduce fraudulent activities and increase consumer trust in the ticket sales marketplace. Furthermore, making the registration process publicly visible helps legitimate ticket brokers present themselves as trustworthy providers while allowing consumers to verify the credentials of the brokers they are dealing with.

Summary

Assembly Bill A5638 seeks to enhance transparency in the ticket industry by requiring the New Jersey Division of Consumer Affairs to maintain and publicly display a list of all registered ticket brokers on its website. This initiative aims to protect consumers from unregistered ticket brokers and ensure they have access to verified operators in the industry. By having a centralized online repository of licensed brokers, the bill aims to foster greater accountability and safety in ticket transactions, particularly for high-demand events where scams are prevalent.

Contention

Notably, discussions around the bill may include debates on the implications of government intervention in the ticketing industry, particularly in terms of regulation and oversight. Proponents argue that the measure is necessary to curtail deceptive practices and enhance consumer protection, while critics might voice concerns about the potential for overregulation that could stifle entry into the market for new ticket brokers or increase operational costs due to compliance with the new disclosure requirements.