Drooid Logo
Back to today’s briefing

Story perspectives

California Bill Aims to Cap Ticket Resale Prices

2/5/2026

50 9 Full Breakdown

1 of 1

Story summary
  • California Assemblyman Matt Haney introduced AB 1720 on February 5, 2026, to cap resale ticket prices at 10% above face value.
  • The proposal targets rising costs from brokers and bots to keep tickets affordable for fans.
  • Independent venue groups back the bill, which mirrors efforts in other states.
  • Advocates say the cap would reduce broker profits and benefit artists and fans, complementing another measure targeting speculative ticketing practices.