Junior Minister Robert Troy was one of the behind the successful bill.
The re-sale of tickets above their original value will become illegal under Irish law by the end of the month.
The Sale of Tickets Bill, which passed the final stage in the Oireachtas yesterday, carries a penalty of up to €100,000 or two years imprisonment, excluding charities and amateur sports clubs who may raffle tickets to events as a fundraiser.
It's designed to protect sports, music and culture fans from being exploited by ticket touts.
Junior Business Minister, Longford-Westmeath Fianna Fáil TD Robert Troy says the days of making a profit from last minute ticket sales are numbered:
The consultation process for the bill began in 2017 after €90 tickets for a U2 concert in Croke Park were resold for up to €1,300.
But Junior Minister Troy says venues can still apply to be exempt from the new law:
🎟 Sale of Tickets Bill Passed 🎟
— Robert Troy TD (@RobertTroyTD) July 5, 2021
âś…Great day for sporting, music & culture fans
❌End of the road for above sale price tickets
Thank you to all members for their support passing this bill, also to @DonnellyStephen @QuinlivanTD @DenisNaughten & @NoelRock for their work on this pic.twitter.com/KdNQcvs4Cr
Concerns Raised Over National Lottery’s Handling Of Gambling Risks
Over €73k Awarded To Midlands Schools For Sustainability Projects
Appeal Lodged Over Slieve Blooms Quarry Expansion
Westmeath Community Group Spreads Christmas Cheer To Families In Need
Offaly Bike Shop Owner Calls For Tougher Penalties For Phone Use While Driving
Department Of Education Faces Almost 2,000 Teacher Vacancies
Midlands MEP Slams EU Commission President Over Mercosur Trade Deal Push
Revenue Seize Over €455k In Contraband In The Midlands
Westmeath Global Tech Company Set To Move Next Year
Offaly TD Makes Call For Retail Crime Reporting Systems
Westmeath Private Medical Campus Credits Public Health Cases For Success
Over 300 Irish Soldiers Spending Christmas In Lebanon
Midlands Children’s Services Project Celebrates HSE Excellence Award Wins
Midlands Towns And Villages To Receive €2.4m In Regeneration Funding
Midlands Private School Principal Urges Inclusion In Free Books Scheme
F1 Prospect Alex Dunne Brushes Off Media Speculation
Westmeath Sports Clubs Do 12 Laps of Christmas
Emergency Services At Scene Of Offaly Crash
National Mercosur Protest Set For Midlands Next Month
It Can't Go on - Laois TD Hits Out At Assessment Of Needs Waiting Lists