Remove prohibition on certain compensation for collegiate student-athlete's name/image/likeness

This bill amends Montana law to allow colleges and athletic organizations to pay student-athletes for using their name, image, or likeness in commercial deals, while also protecting athletes from being penalized for signing such contracts. The legislation defines student-athlete rights to earn compensation from external sources and prohibits schools from restricting these rights or retaliating against athletes who exercise them. However, the bill explicitly prevents schools from paying athletes directly for their name, image, or likeness, though it allows schools to include clauses in scholarship agreements that grant the school permission to use the athlete's likeness for promotional purposes. The changes apply immediately upon passage and require athletes to disclose any commercial contracts to their institution's athletic officials.