Bill Summary: Raised Bill No. 306

• Effective July 1, 2023, student athletes at Connecticut institutions of higher education may earn compensation through endorsement contracts or unrelated employment activities and obtain representation from attorneys or sports agents.

• Student athletes must disclose all endorsement contracts and representation agreements to their institution, ensure compensation does not exceed fair market value, and cannot use institutional marks (names, logos, mascots) during endorsement or employment activities.

• Athletic associations and the NCAA are prohibited from penalizing institutions or revoking student athlete eligibility based on compliant endorsement contracts, employment activities, or professional representation.

• Institutions of higher education cannot restrict scholarships or participation eligibility, prohibit earnings, or prevent legal representation for students engaging in compliant endorsement or employment activities.

• Institutions must adopt or update policies by July 1, 2023 to implement these provisions; compensation records remain confidential unless the student athlete provides written consent for disclosure.