S. 5003 · 116th Congress
Collegiate Athlete Compensation Rights Act
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Never voted on. It didn't reach a floor vote before the 116th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
No cosponsors.
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.
What it does: CRS summary · Introduced in Senate · Dec 10, 2020
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.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Collegiate Athlete Compensation Rights Act
Latest action (Dec 10, 2020): Read twice and referred to the Committee on Commerce, Science, and Transportation.
Policy area: Sports and Recreation · Origin: Senate · Introduced: Dec 10, 2020
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.