Speculative ticket sales; and prescribing an effective date

Oregon HB4024 restricts ticket resellers by requiring them to have the actual ticket or a written agreement to obtain it before they can sell it. This means that resellers cannot sell tickets they do not own or cannot access. The law aims to protect consumers from speculative ticket sales where tickets are sold without the seller having them in hand.

Supporters of HB4024 argue that this bill protects consumers from unfair practices in the ticket resale market. By ensuring that resellers have legitimate access to tickets before selling them, the law promotes transparency and fair pricing, ultimately benefiting fans and event-goers.

Critics of HB4024 contend that the bill could limit the availability of tickets and reduce competition in the resale market. They argue that it may unfairly disadvantage smaller resellers and could lead to higher prices for consumers as a result of reduced supply.