GENERAL ASSEMBLY OF NORTH CAROLINA

SESSION 1997

S	2 

SENATE BILL 1571
Finance Committee Substitute Adopted 8/5/98

Short Title:  Study Ticket Brokering.	(Public)

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Sponsors:

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Referred to:  Rules and Operations of the Senate.

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June 1, 1998

A BILL TO BE ENTITLED
AN ACT TO PROVIDE THAT THE LEGISLATIVE RESEARCH COMMISSION SHALL STUDY ALLOWING REGULATED TICKET BROKERS TO RESELL TICKETS.
Whereas, reselling event tickets in North Carolina above face value is generally unlawful in North Carolina; and
Whereas, such practice under regulation is allowed in some states; and
Whereas, an examination of newspaper advertisements and common knowledge shows that such business already takes place in North Carolina without regulation; and
Whereas, there is concern about balancing the need for a free market with ensuring the availability of tickets to the general public by preventing the market from being cornered by brokers; Now, therefore,
The General Assembly of North Carolina enacts:
Section 1. The Legislative Research Commission shall study the question of whether ticket brokering can be made lawful in North Carolina in a manner which allows the free market to operate while preventing the market from being cornered to the disadvantage of the general public.  The Legislative Research Commission shall report to the 1999 Regular Session of the General Assembly.
Section 2.  This act is effective when it becomes law.