ASSEMBLY CONSUMER AFFAIRS AND REGULATED PROFESSIONS COMMITTEE

STATEMENT TO

ASSEMBLY, No. 2479

STATE OF NEW JERSEY

DATED: DECEMBER 16, 1996

      The Assembly Consumer Affairs and Regulated Professions Committee reports favorably Assembly Bill No. 2479.

      This bill repeals section 8 of P.L.1983, c.135 (C.56:8-33), and, thereby removes current statutory provisions that set forth maximum premiums that are permitted to be charged by ticket agents when selling or reselling tickets of admission to places of entertainment. The bill also repeals section 1 of P.L.1995, c.169, which established an 18-month period in which the resale price of each ticket subject to the provisions of P.L.1983, c.135 (C.56:8-33) is not limited to the price charged therefor and printed on the face of the ticket.

      In addition, the bill provides that any person who is licensed pursuant to P.L.1983, c.135 (C.56:8-26 et seq.) to engage in the business of reselling tickets for admission to places of entertainment shall clearly and conspicuously disclose his license number in his advertisements to resell tickets.