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MS HB128
Bill
Status
Failed
1/31/2017
Primary Sponsor
Omeria Scott
Click for details
AI Summary
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Requires universities eligible for postseason bowl games and playoff games to deposit 33% of all bowl game revenue into an escrow account.
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Distributes accumulated escrow funds to graduating athletes according to their pro rata share during their active eligibility period at the university.
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Applies to revenue received for being accepted into, participating in, and winning bowl games.
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Takes effect July 1, 2017.
Legislative Description
Universities; require to place 33% of bowl game revenue in escrow account to distribute to graduating athletes.
Last Action
Died In Committee
1/31/2017
Committee Referrals
Universities and Colleges1/3/2017
Full Bill Text
No bill text available