New Jersey S4471 aims to enhance transparency and fairness in ticket sales and resales.

New Jersey S4471, the "Ticket Fairness and Transparency Act," seeks to improve transparency and fairness in ticket sales and resales. It mandates that ticket brokers verify ticket ownership before reselling and prohibits selling tickets for the same seat to multiple buyers simultaneously. The act also requires ticket issuers to disclose the number of tickets available for sale at least seven days prior to the event. Penalties are established for violations, including fines up to $25,000 for a first offense and up to $100,000 for subsequent offenses.

New Jersey S4471 aims to enhance transparency and fairness in ticket sales and resales.

New Jersey S4471, the "Ticket Fairness and Transparency Act," seeks to improve transparency and fairness in ticket sales and resales. It mandates that ticket brokers verify ticket ownership before reselling and prohibits selling tickets for the same seat to multiple buyers simultaneously. The act also requires ticket issuers to disclose the number of tickets available for sale at least seven days prior to the event. Penalties are established for violations, including fines up to $25,000 for a first offense and up to $100,000 for subsequent offenses.