Collegiate Athlete Compensation Rights Act
Bill journey · stage 2 of 5
Under committee review
What it doesSummary 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.
What just happenedDec 10, 2020
Read twice and referred to the Committee on Commerce, Science, and Transportation.
Who’s behind it
- Introduced in SenateDec 10, 2020
- Dec 10, 2020IntroReferral
Read twice and referred to the Committee on Commerce, Science, and Transportation.
Commerce, Science, and Transportation Committee - Dec 10, 2020IntroReferral10000
Introduced in Senate