TO: | Honorable Kenny Marchant, Chair, House Committee on State Affairs |
FROM: | John Keel, Director, Legislative Budget Board |
IN RE: | HB432 by Bonnen (Relating to the creation of an offense involving certain sales of tickets to certain events; providing a penalty.), Committee Report 1st House, Substituted |
The bill would amend the Business & Commerce Code by creating the offense of ticket scalping which would prevent the resell or offer to resell a ticket to a livestock show or rodeo sponsored by a nonprofit organization for a price more than $10 more than the price authorized to be offered to the public by the nonprofit organization. Punishment for the offense would range from a misdemeanor punishable by a find not to exceed $100 to a misdemeanor punishable by a fine not to exceed $5,000, depending on the number of previous convictions for the offense.
Source Agencies: | |
LBB Staff: | JK, GG
|