Senate Bill No. by Senator Connick seeks to amend and reenact various sections of Louisiana law concerning athlete agents and athletes, introducing new regulations for the registration of athlete agents. The bill expands the definitions of "athlete" and "athlete agent" to include individuals involved in interscholastic and intercollegiate sports, regardless of residency. It establishes requirements for agent contracts, including a schedule of fees and necessary disclosures, while also outlining prohibited activities, penalties, and civil remedies for violations. Key insertions include detailed applicant qualifications, mandatory disclosures of personal and professional details, and a two-year validity for registration or renewal.

The legislation emphasizes ethical standards and transparency in athlete-agent relationships, prohibiting deceptive practices and requiring agents to disclose endorsement contracts to educational institutions. It introduces penalties for violations, including fines up to $100,000, and allows athletes to pursue civil action against agents for damages. The bill also mandates background checks for applicants and specifies the duties of athlete agents towards athletes and educational institutions. Overall, the proposed law aims to enhance accountability and protect the interests of athletes in Louisiana.

Statutes affected:
SB389 Original: 4:421(A), 4:423(G)(4), 4:424(A)(6), 4:432(A), 4:433(A)