Congress Drops TICKET Act Following Trump & Musk Budget Cut Demands

Congress Drops TICKET Act Following Trump & Musk Budget Cut Demands

By Marcus Stevenson

December 24, 2024 at 08:08 AM

The TICKET Act has been effectively halted following intervention from Donald Trump and Elon Musk, who demanded multiple rounds of spending cuts. Despite initially passing in the House of Representatives with bipartisan support, the bill was excluded from recent Senate spending bills.

Stack of tickets and documents

Stack of tickets and documents

Key Points About the TICKET Act:

  • Aimed to increase ticket pricing transparency
  • Would ban speculative ticketing in the United States
  • Required vendors to show all-in pricing at point of sale
  • Would prevent scalpers from using bots to secure tickets

The bill's exclusion occurred during Senate revisions on December 19-20, when two versions of the spending bill were presented - neither including the TICKET Act. The second version passed despite the Act's omission.

Stephen Parker, Executive Director of NIVA, criticized the Act's effectiveness, stating it contained loopholes that would make the speculative ticketing ban ineffective. He emphasized the importance of including artists, venues, and fans in future ticketing policy decisions.

Recent Related Developments:

  • FTC announced a separate ban on "junk fees" for concert tickets
  • Kid Rock met with Trump's Attorney General pick Pam Bondi, promising to address concert ticket industry issues
  • UK launched an investigation into "dynamic pricing" following Ticketmaster's surge pricing controversy with Oasis reunion tour tickets

The TICKET Act's future remains uncertain as Congress shifts focus to other priorities, leaving the proposed ticketing reforms in legislative limbo.

Netflix NFL Christmas games broadcast deal

Netflix NFL Christmas games broadcast deal

Man wearing blue jacket

Man wearing blue jacket

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