WV HB3500

Creates the "Governor's Cup Challenge," an annual athletic competition between Marshall University and West Virginia University across all Division 1 NCAA sports where both schools compete

Awards one point per contest won, with the institution earning the most points named the annual Governor's Cup Challenge champion

Requires each institution to deposit 20% of net profits from ticket sales, merchandise, concessions, and other game-related revenue into the newly created "West Virginia Athlete Scholarship Fund"

Distributes scholarship funds annually with 65% going to the Governor's Cup champion and 35% to the other institution, specifically for scholarships to in-state high school athletes who did not receive athletic scholarships

Places oversight of the challenge and scholarship fund under the vice chancellor for administration