IN HB1150

Requires Indiana Division 1 NCAA institutions to renew athletic scholarships at the same or higher amount annually for students in good academic standing, and provide equivalent scholarships to athletes involuntarily removed from teams for up to 5 years or until degree completion

Mandates health screenings for sickle cell trait and heart abnormalities for incoming student athletes, plus protocols for concussion prevention, dehydration treatment, and supervision of athletes with life-threatening conditions

Establishes an Athletic Trust Fund requiring institutions receiving $10 million+ in annual TV revenue to pay fees based on football and men's basketball scholarship athletes, with funds distributed to former athletes after eligibility ends or upon degree completion

Requires athletic programs without waivers to dedicate $500,000 annually for student athlete medical expenses, adjusted for inflation, with unused funds available for former athletes' sports-related injuries

Mandates financial and life skills workshops for first-year and third-year athletes, requires institutions to grant transfer requests within 5 business days, and allocates funds for Title IX compliance with potential $1,000 daily penalties for non-compliance