The bill aims to revise laws concerning student-athlete rights and protections by eliminating the existing prohibition on postsecondary institutions or athletic organizations from providing compensation to student-athletes for the use of their name, image, or likeness. It amends Section 20-1-232 of the Montana Code Annotated to define student-athlete rights, which include the ability to earn compensation and retain professional representation. The bill also outlines that institutions cannot penalize or restrict student-athletes from exercising these rights, nor can they impose eligibility requirements that prevent such actions.

Additionally, the bill includes provisions that allow postsecondary institutions to include clauses in scholarship agreements regarding the use of an athlete's name, image, and likeness, while also permitting them to manage contracts related to these rights. The new legal language specifies that student-athletes must disclose any contracts for compensation to their institution and that institutions must clarify any conflicts with team rules or third-party contracts. The act is set to take effect immediately upon passage and approval.

Statutes affected:
LC Text: 20-1-232