Building upon what the state Senate approved earlier this month, the North Carolina House of Representatives will debate a proposed ticket resale bill that will allow websites to resell tickets above face value in the state.
On Tuesday, the House Finance Committee approved a version of the bill that removed a controversial provision that would have required ticket brokers or other resellers to pay a tax on the profit they generated from the resale. Currently, event tickets cannot be resold for more than $3 above the face value, but the proposed law would not cap the amount someone could charge for a resold ticket.
North Carolina is one of only a handful of states that still restricts ticket resale.
In another change, the committee reportedly beefed up the language that allows for venues to object to having tickets resold for events in their facilities. Now, the bill proposes that those venues would have to pay a fee and sign a document filed with the Secretary of the State.
The bill is next slated to go before the full House for a vote, and then onto the Governor’s office for signing into law, but according to the Times-News newspaper in North Carolina, the proposed changes made by the Finance Committee may not hold because they may have voided the bill’s eligibility. The matter was going to be discussed by the government legal team.
Last Updated on July 16, 2008 by By Alfred Branch Jr.