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MS HB178

Bill

Official Source

Status

Failed

2/23/2016

Primary Sponsor

Omeria Scott

Click for details

Origin

House of Representatives

2016 Regular Session

AI Summary

  • Requires every university eligible for postseason bowl games, including playoff games, to place 33% of all revenue received from bowl game participation and winnings into an escrow account.
  • Mandates distribution of accumulated escrow funds to graduating athletes according to their pro rata share based on their active eligibility period at the university.
  • Establishes the legislative finding that athletes deserve monetary compensation from bowl revenues comparable to coaching compensation.
  • Takes effect July 1, 2016.

Legislative Description

Universities; require to place 33% of bowl game revenue in escrow account to distribute to graduating athletes.

Last Action

Died In Committee

2/23/2016

Committee Referrals

Universities and Colleges2/8/2016

Full Bill Text

No bill text available