The bill H. 3255 seeks to amend Section 59-102-140 of the South Carolina Code of Laws, which pertains to the prohibited actions of athlete agents. The amendment allows certified athlete agents to pay certain expenses incurred by student athletes, their family members, and authorized individuals before the signing of agency contracts. This change is intended to provide more flexibility for certified agents in supporting athletes financially, as long as the expenses are for the benefit of the athlete and comply with the regulations set by the national association that certifies the agent.

The bill defines a "certified athlete agent" as one who is registered and certified by a national association that oversees intercollegiate athletics. The new provisions specify that the expenses paid must be of a type and purpose authorized by the national association, ensuring that the payments align with established eligibility standards. This amendment aims to enhance the support system for student athletes while maintaining compliance with regulatory standards. The act will take effect upon approval by the Governor.

Statutes affected:
12/05/2024: 59-102-140
Latest Version: 59-102-140
12/06/2024: 59-102-140