California lawmakers are considering a bill to limit resale ticket prices for certain live events. The issue of high ticket costs has been a problem nationwide, with fans often forced to buy from secondary markets at inflated prices. A proposed cap would apply to independent venues with 3,000 seats or less, limiting resale prices to no more than 10% above face value.

The bill, AB 1720, is currently in the state legislature. Further details on the proposed legislation are available from the source, including the potential impact on the ticket resale market and the progression of the bill through the legislature.