NEW YORK STATE ASSEMBLY MEMORANDUM IN SUPPORT OF LEGISLATION submitted in accordance with Assembly Rule III, Sec 1(f)
 
BILL NUMBER: A6415
SPONSOR: Markey
 
TITLE OF BILL: An act to amend chapter 704 of the laws of 1991,
amending the arts and cultural affairs law and chapter 912 of the laws
of 1920 relating to the regulation of boxing and wrestling relating to
tickets to places of entertainment, and chapter 151 of the laws of 2010,
amending the arts and cultural affairs law relating to resale of tickets
to places of entertainment, in relation to extending the effectiveness
of the provisions thereof
 
PURPOSE OR GENERAL IDEA OF BILL: To extend the existing statute on
the resale of tickets.
 
SUMMARY OF PROVISIONS: This legislation would extend the current law
providing for the resale of tickets for an additional year until May 14,
2014.
 
JUSTIFICATION: In the 2010 legislative session, significant changes
were made to the regulation of the sale and resale of tickets to places
of entertainment. As the market evolves ensuring the protection of
consumers and their rights becomes increasingly important. This legis-
lation allows for additional time to fully understand the effects these
regulatory changes and new technologies will have on industry and
consumers alike by extending the current provisions until May 14, 2014.
 
PRIOR LEGISLATIVE HISTORY: This is a new bill.
 
FISCAL IMPLICATIONS: None
 
EFFECTIVE DATE: This act shall take effect immediately.