SB19-099 Summary: Revised Uniform Athlete Agents Act (2015)

• Establishes registration requirement for athlete agents in Colorado effective January 1, 2020, enforced by the Division of Professions and Occupations

• Agents must comply with detailed application requirements including background checks, disclosure of conflicts of interest, and attestation of fitness to practice

• Requires athlete agents to notify educational institutions within 72 hours of signing agency contracts and prohibits certain conduct including providing gifts/payments before contract signing and making false representations

• Provides student athletes a 14-day cancellation right for agency contracts without penalty and allows athletes/institutions to pursue civil damages against violating agents

• Violations constitute criminal offenses (Class 2 misdemeanor for first offense, Class 6 felony for subsequent offenses) and civil penalties of $25,000-$50,000, with the law set to sunset September 1, 2027