SPRINGFIELD – State Senator Steve Stadelman is taking action to protect consumers and promote transparency in the ticket sales industry.
“There are many people who have been misled by the terms and conditions of buying a ticket online, often leading to extra fees,” said Stadelman (D-Rockford). “All consumers deserve to know up front the conditions and final price of their tickets. This measure will give consumers peace of mind before making a final purchasing decision.”
Speculative ticket listing refers to when sellers list tickets for events that they do not possess in the hope of acquiring them later at a lower price. This often leads to inflated ticket prices and leaves customers vulnerable to price gouging.
Senate Bill 2015 would ban the practice of speculative event ticketing where unofficial sellers list tickets for sale even though they do not actually possess the ticket. Additionally, the bill would regulate the sale of event tickets, requiring sellers to disclose the total price of event tickets upfront, including all fees and charges, to ensure transparency and prevent hidden costs.
“We have allowed the lack of transparency and accountability from these sellers for too long,” said Stadelman. “It’s time we put a stop to these deceptive practices and increase protections for consumers looking to buy event tickets.”
Senate Bill 2015 has been assigned to the Senate Subcommittee on Special Issues.