Contracts - As introduced, requires that contracts entered into between a personal seat license (PSL) holder of 10 or more years and a professional sports franchise for the purchase of a subsequent PSL with an upgraded or improved seating classification include a provision that enables the PSL holder to purchase the subsequent PSL for the same price as the previous PSL; applies to all contracts for subsequent PSL purchases entered into for seating at stadiums in certain counties on or after t...
Taken off notice for cal in s/c Business and Utilities Subcommittee of Commerce Committee
Summary
The bill mandates that any personal seat license (PSL) holder who has owned a license for ten years or more and wants to buy a higher‑category PSL from a professional sports team must be allowed to purchase the new license at the same price as the original. It applies only to stadiums with at least 65,000 seats located in counties with a metropolitan government and a population over 500,000. The goal is to protect longtime fans from price hikes when they upgrade their seats.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
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