Law change in New York
New York legislative item tracked as metadata only. Enacts into law components of legislation that relate to live event ticket sales; institutes civil penalties for utilizing ticket purchasing software; institutes new penalties for second offenses for licensees and for any person, firm, corporation or entity who is made aware of the utilization of ticket purchasing software and does not notify the attorney general of such utilization (Part A); establishes an annual professional reseller renewal fee; requires professional ticket resellers to provide their New York state ticket reseller license number as a condition of utilizing an online resale marketplace to resell tickets (Part B); provides criteria for when a purchaser may obtain a full refund of the amount paid for a ticket; permits a refund when a purchaser cannot attend an event due to a medical necessity (Part C); relates to resale requirements for tickets; requires that if a licensee or other ticket reseller doesn't have possession of the ticket, then they shall have a written contract to obtain the offered ticket at a certain price from a person or entity in possession of the ticket or from a person or entity who has a contractual right to obtain such ticket, and tickets to the event have been placed on sale by the venue or entity hosting the event or its authorized agent before the licensee or reseller can advertise the sale of the tickets (Part D); relates to unlawful charges in connection with tickets; permits reasonable charges for costs actually rendered or otherwise in connection to customer support, technological and software infrastructure, and actual operational costs for sales away from the box office; defines terms (Part E); relates to the availability of tickets for sale to the general public; defines a term (Part F); reduces the minimum seating capacity requirement for a professional sports organization membership pass to over thirteen thousand five hundred seats in a venue or stadium (Part G); prohibits exclusivity clauses in contracts between operators of places of entertainment and primary ticket vendors (Part H); relates to the resale of tickets included in a subscription or season ticket package (Part I).. Status: Introduced.
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RELATED CHANGES
All new_york changes →RELATED FAQS
▸How can I ensure my business meets the new obligations for incentives?
To avoid penalties, businesses in New York must now fulfill all conditions of financial incentives or face recoupment by state and local governments. Ensure you have clear agreements outlining obligations and consult with a legal advisor to understand specific requirements and compliance measures.
▸How can I support the new food pantries in high-need NYC schools?
The state has established school-based food pantries in high-need New York City schools, funded through taxes on high-end restaurants. If you want to contribute or volunteer, contact your local school district or community organizations involved with these programs. They can provide information on how to support students and get involved.
▸What is the new occupancy tax in Kingston and how does it affect visitors?
Kingston has introduced a new occupancy tax of up to 2% on residents or visitors staying in hotels, motels, and other accommodations. If you are visiting Kingston for an overnight stay, expect this additional charge on your accommodation bill. For more details on the tax rate and exemptions, contact local authorities or check the city's official website.
▸How does the new tax payment rounding rule affect me?
The new law in New York allows taxpayers to round their payments to the nearest dollar if paying with cash. This means you can pay an amount that is slightly less or more than the exact sum due, but ensure documentation supports your rounded payment to avoid discrepancies. For electronic or check payments, continue to use exact amounts as required by law.