The proposed bill would amend current statutes by adding new provisions that prohibit athletic associations and conferences from preventing postsecondary education institutions from compensating student athletes for the use of their name, image, or likeness (NIL). Specifically, it would allow institutions to compensate student athletes, share revenue from the commercial use of their NIL, and assist them in participating in opportunities for compensation. Additionally, the bill clarifies that these activities do not affect the employment status of student athletes or classify them as employees of the institution based solely on these activities.

The bill also includes conforming changes to ensure that the definitions and provisions align with the new regulations regarding student athlete compensation. It emphasizes that the term "postsecondary education institution" encompasses any supporting foundations or entities acting on behalf of the institution. Overall, the bill aims to enhance the rights of student athletes while maintaining their status as non-employees in the context of their athletic participation.

Statutes affected:
Introduced Version: 15-1892