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A00579 Summary:

BILL NOA00579
 
SAME ASNo Same As
 
SPONSORPaulin
 
COSPNSR
 
MLTSPNSR
 
Amd §23.08, Arts & Cul L
 
Requires ticket distributors to refund the purchase price of tickets within forty-five days after a cancelled or rescheduled event.
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A00579 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                           579
 
                               2025-2026 Regular Sessions
 
                   IN ASSEMBLY
 
                                       (Prefiled)
 
                                     January 8, 2025
                                       ___________
 
        Introduced by M. of A. PAULIN -- read once and referred to the Committee
          on Tourism, Parks, Arts and Sports Development
 
        AN  ACT  to  amend  the  arts  and  cultural affairs law, in relation to
          requiring ticket distributors to refund the purchase price of  tickets
          within forty-five days after a cancelled or rescheduled event
 
          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
 
     1    Section 1. Subdivision 1 of section 23.08 of  the  arts  and  cultural
     2  affairs  law, as added by chapter 517 of the laws of 1988, is amended to
     3  read as follows:
     4    1. Any ticket distributor who offers or sells to the public in or from
     5  the state of New York, advance tickets of admission to events to be held
     6  in places of entertainment, or  who  contracts  for  the  sale  of  such
     7  advance  tickets  of  admission,  and accepts in advance partial or full
     8  payment of the purchase price therefor, shall, no later  than  the  next
     9  business day after receipt thereof, deposit all such advance payments in
    10  an  escrow  account  in a bank, trust company, savings bank, or state or
    11  federal savings and loan association, located in this state. A  separate
    12  escrow  account  shall  be  established for each place of entertainment.
    13  Monies deposited in escrow shall be released upon  performance  of  each
    14  event  for which such monies have been deposited to the extent that such
    15  monies represent payment for advance  tickets  sold  for  the  performed
    16  event.    The  person  who  offers or sells advance tickets shall not be
    17  required to keep in separate depository accounts the funds of the  sepa-
    18  rate  ticket  purchasers from whom payments have been received, provided
    19  [his] such person's books of account shall clearly show  the  number  of
    20  tickets  sold  at  each price for each theatrical production, concert or
    21  sporting event for which a separate escrow account has been established,
    22  and the total amount of advance ticket  revenues.  Each  advance  ticket
    23  purchaser  shall,  until  the  performance  of  the  event for which the
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD02132-01-5

        A. 579                              2
 
     1  advance ticket has been purchased, retain a property  interest  in  that
     2  portion  of the deposit which equals the amount [he] such advance ticket
     3  purchaser has paid for such advance ticket, and shall be entitled  to  a
     4  refund  for  such  amount if the performance of the event for which such
     5  ticket has been purchased in advance has been cancelled or  rescheduled,
     6  except  as  provided  for by subdivision three of this section. Upon the
     7  rescheduling or cancellation of a performance, or a request for a refund
     8  by a ticket purchaser, the ticket  distributor  shall  refund  the  full
     9  purchase  price of a ticket to each ticket purchaser requesting a refund
    10  within forty-five days  after  the  originally  scheduled  date  of  the
    11  performance or the event.
    12    § 2. This act shall take effect immediately.
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