Tennessee Senate Bill SB2456

Tennessee 2025-2026 Regular Session

• Introduced: 2/2/26

Caption

AN ACT to amend Tennessee Code Annotated, Title 4; Title 47 and Title 67, relative to tickets.

Impact

The implementation of SB2456 is anticipated to provide a significant boost to Tennessee's vibrant live music scene, which is an integral part of the state's culture and economy. The bill's framework aims to support not only concert venues and promoters but also local performers, creating a more sustainable ecosystem for live performances. Additionally, by earmarking these funds for specific economic development grants related to live performances, the state aims to foster growth in this sector, potentially elevating Tennessee's reputation as a hub for live music.

Summary

Senate Bill 2456, known as the Tennessee Live Music Support Act, aims to enhance economic support for live music and performance venues across Tennessee. The bill establishes a 5% live music support surcharge on the resale of tickets sold through the secondary ticketing market for live music and performance events. This surcharge will be implemented starting July 1, 2027, requiring third-party ticket resellers to remit these funds monthly to the state's department of revenue. The collected funds are intended to be deposited into a designated live music and performance venue fund, further contributing to economic development initiatives in the arts and entertainment sectors.

Contention

However, the bill's introduction could invite discussions around the implications for ticket pricing and access. Critics may argue that adding a surcharge to ticket resale prices could lead to increased costs for consumers, ultimately making live performances less accessible. Furthermore, there may be concerns regarding the burden placed on third-party ticket resellers to comply with the new regulations, as they will need to ensure they are able to collect and remit the live music support accurately. Such considerations may spark further debate among stakeholders regarding the balance between supporting the arts and maintaining equitable access for the public.