AB 1163

This bill prohibits a stadium owner, operator, or concessionaire from selling or offering for sale within the stadium food or beverages at a price that exceeds the seller’s cost of the food or beverages plus a markup of no more than 20 percent. The seller’s cost is calculated as provided in the state’s unfair sales act, commonly known as the minimum markup law. The bill defines “stadium” as a multipurpose facility that is designed and principally used for sporting or entertainment events; that has a capacity of at least 3,000 persons; and the owner of which receives direct or indirect financial assistance from the state or a local governmental unit, including payments, grants, and tax incentives. A “stadium” does not include a facility owned or leased by a primary or secondary school. A violation of the bill’s provisions is an unfair trade practice enforceable by the Department of Agriculture, Trade and Consumer Protection.