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Collegiate Athlete Compensation Rights Act

Introduced: December 10, 2020 Introduced by: Wicker, Roger F. Republican · Mississippi See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 10, 2020
Read twice and referred to the Committee on Commerce, Science, and Transportation.
Dec 10, 2020
Introduced in Senate
 Plain-English summary Congressional Research Service

Collegiate Athlete Compensation Rights Act

This bill permits student athletes to earn compensation for the use of their name, image, or likeness (NIL) and creates a uniform, national framework for NIL compensation.

The bill also (1) prohibits certain activities of institutions, boosters, and third-party licensees relating to athlete classification, scholarships, and contracts; and (2) directs the Federal Trade Commission to oversee all activities and approve all rules issued by a private, independent, and nonprofit entity responsible for developing and administering NIL rules concerning student athletes and specified others.

What's happening now December 10, 2020

Read twice and referred to the Committee on Commerce, Science, and Transportation.

 Committees of jurisdiction 1