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H.R. 5104, Better On-line Ticket Sales Act of 2016 1 (September 9, 2016)

handle is hein.congrec/cbo3186 and id is 1 raw text is: CONGRESSIONAL BUDGET OFFICE COST ESTIMATE September 9, 2016 H.R. 5104 Better On-line Ticket Sales Act of 2016 As ordered reported by the House Committee on Energy and Commerce on July 13, 2016 H.R. 5104 would prohibit the sale or use of software that circumvents technology used by ticket sellers to prevent mass ticket purchases online. The bill also would prohibit the resale of tickets obtained in that manner. The Federal Trade Commission (FTC) would enforce the proposed prohibition. Based on information from the FTC about its current enforcement capabilities, CBO estimates that increased costs related to monitoring and enforcing the new prohibitions established by H.R. 5104 would total less than $500,000 per year; such spending would be subject to the availability of appropriated funds. In addition, CBO estimates that enacting H.R. 5104 would increase federal revenues from civil penalties imposed to enforce the new prohibition; therefore, pay-as-you-go procedures apply. However, CBO estimates that those collections would be insignificant because of the small number of cases that the agency would probably pursue. Enacting the bill would not affect direct spending. CBO estimates that enacting H.R. 5104 would not increase net direct spending or on-budget deficits in any of the four consecutive 10-year periods beginning in 2027. H.R. 5104 contains no intergovernmental or private-sector mandates as defined in the Unfunded Mandates Reform Act and would not affect the budgets of state, local, or tribal governments. The CBO staff contact for this estimate is Stephen Rabent. The estimate was approved by Theresa Gullo, Assistant Director for Budget Analysis.

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