The proposed bill aims to establish the "Women's Collegiate Sports Protection Act" in West Virginia, which seeks to create permanent protections for women's collegiate Olympic sports programs through endowment funding. It includes provisions for efficiency-based matching funds, tax credits for private contributions, and ensures compliance with Title IX. The bill outlines the establishment of women's athletics endowments at eligible institutions, which are defined as public NCAA Division I institutions, and allows for the creation of a statewide endowment trust. The funds contributed to these endowments will be invested according to state investment standards, with only the earnings being expended for specific expenses related to women's collegiate sports.

Additionally, the bill mandates oversight and reporting requirements, including annual reports from participating institutions detailing cost savings, contributions, and compliance with Title IX. The West Virginia Higher Education Policy Commission is given the authority to certify cost savings, administer tax credits, and promulgate rules to implement the act. The effective date for the provisions of this bill is set for July 1 following its passage.

Statutes affected:
Introduced Version: 18B-23-1, 18B-23-2, 18B-23-3, 18B-23-4, 18B-23-5, 18B-23-6, 18B-23-7, 18B-23-8, 18B-23-9, 18B-23-10