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MS HB464

Bill

Official Source

Status

Failed

1/30/2018

Primary Sponsor

Omeria Scott

Click for details

Origin

House of Representatives

2018 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 into an escrow account.

  • Mandates distribution of accumulated escrow funds to graduating athletes based on their pro rata share of revenue earned during their active eligibility period.

  • Applies to revenue received for being accepted into, participating in, and winning bowl games.

  • Takes effect July 1, 2018.

Legislative Description

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

Last Action

Died In Committee

1/30/2018

Committee Referrals

Universities and Colleges1/5/2018

Full Bill Text

No bill text available