United States · Bill · S
S. 5003 (116th)
Collegiate Athlete Compensation Rights Act
Introduced
10 December 2020
Last action
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Status
Read twice and referred to the Committee on Commerce, Science, and Transportation.
Sponsors
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Subjects
Discovery layer
Source updated
14 January 2025
Summary
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.
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Documents
3 official files
Introduced in Senate (text)
Introduced in Senate (text)
Introduced in Senate · EN · 10 December 2020
Introduced in Senate (PDF)
Introduced in Senate · EN · 10 December 2020
Introduced in Senate
summary · EN · 10 December 2020
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Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/116th-congress/senate-bill/5003
- Open data entity: https://api.congress.gov/v3/bill/116/s/5003