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CT HB06446
Bill
Status
1/23/2025
Primary Sponsor
Higher Education and Employment Advancement Committee
Click for details
AI Summary
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Student athletes at Connecticut higher education institutions may earn compensation through endorsement contracts, employment unrelated to athletics, and now directly through revenue sharing agreements with their institutions
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Institutions may create, facilitate, negotiate, and support NIL (name, image, likeness) compensation opportunities for current and prospective student athletes, removing the prior prohibition on using NIL as an enrollment inducement
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Athletic associations including the NCAA are prohibited from penalizing institutions, employees, or student athletes for participating in endorsement contracts or revenue sharing agreements permitted under this law
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State-appropriated funds cannot be used for student athlete compensation under endorsement contracts or revenue sharing agreements
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Public institutions entering revenue sharing agreements must submit annual reports starting January 1, 2026, detailing total revenue used for student athlete compensation and the number of athletes receiving such compensation
Legislative Description
An Act Concerning Student Athlete Compensation Through Endorsement Contracts And Revenue Sharing Agreements.
Last Action
File Number 6
2/20/2025