Higher educational institutions; intercollegiate athletics, student-athletes, compensation.

Institutions of higher education; intercollegiate athletics; student-athletes; compensation and representation. Prohibits any private institution of higher education, baccalaureate public institution of higher education, athletic association, athletic conference, or other organization with authority over intercollegiate athletics from (i) providing a prospective student-athlete with compensation that results from the use of the student's name, image, or likeness; (ii) prohibiting or preventing a student-athlete from earning from another individual or entity compensation that results from the use of the student's name, image, or likeness, except in certain limited circumstances; (iii) prohibiting or preventing a student-athlete from obtaining professional representation by an athlete agent or legal representation by an attorney licensed to practice law in the Commonwealth; or (iv) declaring ineligible for or revoking a scholarship provided to a student-athlete who earns compensation that results from the use of the student's name, image, or likeness. The bill prohibits any athletic association, athletic conference, or other organization with authority over intercollegiate athletics from prohibiting or preventing a private institution of higher education or baccalaureate public institution of higher education from becoming a member of or participating in intercollegiate athletics sponsored by such association, conference, or organization as a consequence of the compensation of a student-athlete at such institution that results from the use of the student-athlete's name, image, or likeness. The foregoing provisions of the bill have a delayed effective date of July 1, 2024, and are limited to students enrolled at a private institution of higher education or baccalaureate public institution of higher education who participate in Division 1 football in the Football Bowl Subdivision at such institution.