Loading chat...
TN HB1386
Bill
Status
2/6/2025
Primary Sponsor
Torrey Harris
Click for details
AI Summary
-
Intercollegiate athletes at Tennessee four-year public and private institutions may earn compensation for use of their name, image, and likeness (NIL) at fair market value, not contingent on athletic performance or enrollment
-
Institutions may establish NIL funds, operate media networks with free consumer access, and implement talent fees up to 10% on ticket sales to support NIL activities and athlete compensation
-
A minimum of 50% of NIL-generated funds must be allocated directly to intercollegiate athletes and their certified NIL representatives under incentive-based revenue-sharing models
-
Creates a statewide NIL oversight committee of 5 members appointed by the Tennessee Higher Education Commission to monitor NIL activities, publish annual reports, and resolve disputes
-
Requires institutions to provide mandatory workshops on contract negotiation, taxes, and wealth management, and prohibits state regulatory bodies from pursuing NIL investigations; effective July 1, 2025
Legislative Description
AN ACT to amend Tennessee Code Annotated, Title 4, Chapter 29; Title 49, Chapter 7; Title 49, Chapter 8 and Title 49, Chapter 9, relative to student athletes.
Education, Higher
Last Action
Taken off notice for cal in s/c Higher Education Subcommittee of Education Committee
1/21/2026