New York S 8479: Establishes an electronic open auction public bond sale pilot program for certain municipalities

Bill Text

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S08479 Summary:

BILL NOS08479 

&nbsp

SAME ASSAME AS A08921

&nbsp

SPONSORBASKIN

&nbsp

COSPNSRHINCHEY

&nbsp

MLTSPNSR

&nbsp

Add §397-c, Gen Bus L

&nbsp

Enacts the "fair concession pricing act" to require certain entertainment and sports venues constructed or operating under public financial benefit to implement fan-friendly concession pricing policies.

Go to top S08479 Actions:

BILL NOS08479 

&nbsp

08/15/2025REFERRED TO RULES

01/07/2026REFERRED TO CONSUMER PROTECTION

Go to topS08479 Committee&nbspVotes:

Go to topS08479 Floor&nbspVotes:

There are no Assembly votes for this bill in this legislative session.

Go to topS08479 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 8479

 2025-2026 Regular Sessions

 IN SENATE

 August 15, 2025
 ___________

 Introduced by Sen. BASKIN -- read twice and ordered printed, and when
 printed to be committed to the Committee on Rules

 AN ACT to amend the general business law, in relation to requiring
 certain entertainment and sports venues constructed or operating under
 public financial benefit to implement fan-friendly concession pricing
 policies

 The People of the State of New York, represented in Senate and Assem-
 bly, do enact as follows:

 1 Section 1. Short title. This act shall be known and may be cited as
 2 the "fair concession pricing act".
 3 § 2. Legislative findings and intent. The legislature finds and
 4 declares that entertainment venues and sports stadiums receiving public
 5 subsidies, including but not limited to taxpayer-funded construction or
 6 tax exemptions, have a civic responsibility to ensure affordability and
 7 accessibility for the general public. Excessive food and beverage pric-
 8 ing at these venues limits access and undermines the public benefit
 9 intended through such subsidies. This act seeks to establish reasonable
 10 pricing policies aligned with market-based "street pricing" standards to
 11 protect consumers and promote fairness.
 12 § 3. The general business law is amended by adding a new section 397-c
 13 to read as follows:
 14 § 397-c. Fan-friendly concession pricing. 1. For the purposes of this
 15 section, the following terms shall have the following meanings:
 16 (a) "entertainment facility" shall mean any publicly or privately
 17 owned arena, stadium, amphitheater, or similar venue within the state
 18 that:
 19 (i) has a seating capacity of two thousand five hundred persons or
 20 more; and
 21 (ii) is primarily used for entertainment or professional sporting
 22 events;
 23 (b) "public financial benefit" shall include, but not be limited to:

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD13390-01-5

 S. 8479 2

 1 (i) the receipt of any taxpayer funds for construction, renovation, or
 2 operation; or
 3 (ii) full or partial exemption from state, local, or municipal proper-
 4 ty taxes, sales taxes, or other levies; and
 5 (c) "fan-friendly concession pricing" or "street pricing model" shall
 6 mean the pricing of food and non-alcoholic beverages at rates no more
 7 than twenty percent above the average retail price of such items at
 8 similar non-venue commercial establishments within a ten-mile radius.
 9 2. (a) Any entertainment facility that receives or has received a
 10 public financial benefit shall be required to adopt a fan-friendly
 11 concession pricing policy.
 12 (b) Such pricing policy shall apply to all food and non-alcoholic
 13 beverages sold within the facility during public events.
 14 (c) Entertainment facilities shall submit an annual compliance report
 15 to the department of state, detailing:
 16 (i) average concession prices;
 17 (ii) comparable local market prices; and
 18 (iii) evidence of compliance with the street pricing model.
 19 (d) The secretary of state shall be authorized to conduct random
 20 audits and enforce the provisions of this section.
 21 3. (a) Whenever there shall be a violation of this section, an appli-
 22 cation may be made by the attorney general in the name of the people of
 23 the state of New York, to a court or justice having jurisdiction by a
 24 special proceeding to issue an injunction, and upon notice to the
 25 defendant of not less than five days, to enjoin and restrain the contin-
 2