This bill would create the Alabama Sports Wagering Control Act. This bill would authorize the regulation, taxation, and licensure of certain sports wagering activities in the state under a gaming commission established by the Legislature. This bill would establish the Alabama Gaming Commission and provide for the powers, membership, and duties of the commission. This bill would levy a state tax on net sports wagering revenues and would provide for the distribution of taxes and license fees collected by the commission. This bill would provide for the issuance of sports wagering licenses for the operation of online sports wagering. This bill would create the NIL Oversight Committee to regulate name, image, and likeness compensation paid to student-athletes. This bill would authorize student-athletes to receive name, image, and likeness compensation, subject to certain conditions, and would provide rules for such compensation. This bill would also provide for a state income tax exemption for certain student-athlete name, image, and likeness compensation, subject to certain requirements.