Requires ticket distributors to refund the purchase price of tickets within forty-five days after a cancelled or rescheduled event.

New York Assembly Bill A00579 amends the arts and cultural affairs law to mandate that ticket distributors refund the full purchase price of tickets within forty-five days after a cancelled or rescheduled event. This applies to any ticket distributor offering or selling advance tickets for events in New York. Distributors must deposit advance payments in an escrow account within one business day of receipt. The escrow account must be in a bank, trust company, savings bank, or state or federal savings and loan association located in New York.

Requires ticket distributors to refund the purchase price of tickets within forty-five days after a cancelled or rescheduled event.

New York Assembly Bill A00579 amends the arts and cultural affairs law to mandate that ticket distributors refund the full purchase price of tickets within forty-five days after a cancelled or rescheduled event. This applies to any ticket distributor offering or selling advance tickets for events in New York. Distributors must deposit advance payments in an escrow account within one business day of receipt. The escrow account must be in a bank, trust company, savings bank, or state or federal savings and loan association located in New York.