The proposed bill updates current statutes to enhance the rights of student athletes regarding compensation for their name, image, and likeness (NIL). It introduces new provisions that allow postsecondary education institutions to compensate student athletes for their NIL while prohibiting the use of student fees for such compensation. The bill also removes the specification that compensation is limited to what is allowed by national athletic associations and grants causes of action for both student athletes and institutions to seek injunctive relief for violations of the outlined requirements. Additionally, it defines key terms and allows public universities or nonprofit organizations to conduct raffles to assist student athletes in earning compensation. Furthermore, the bill prohibits institutions from limiting student athletes' participation in athletics or earning scholarships based on their involvement in specified activities. It requires institutions to notify student athletes in writing of any violations and clarifies that student athletes cannot be classified as employees solely based on their receipt of compensation. The legislation also ensures confidentiality for records related to NIL contracts and emphasizes that it does not affect student athletes' rights under Title IX. Overall, these updates aim to provide a clearer framework for student athlete compensation and institutional responsibilities.

Statutes affected:
Introduced Version: 15-1892
Senate Engrossed Version: 13-3302, 15-1892, 13-3301, 15-1762
House Engrossed Version: 13-3302, 15-1892, 13-3301, 15-1762
Chaptered Version: 13-3302, 15-1892, 13-3301, 15-1762