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NM SB94

NM SB94
Student Athlete Endorsement Act


summary

Introduced
01/19/2021
In Committee
03/08/2021
Crossed Over
02/19/2021
Passed
03/14/2021
Dead
Signed/Enacted/Adopted
03/14/2021

Introduced Session

2021 Regular Session

Bill Summary

AN ACT RELATING TO ATHLETICS; ENACTING THE STUDENT ATHLETE ENDORSEMENT ACT; PROHIBITING IMPOSITION OF LIMITATIONS AGAINST STUDENT ATHLETES AND CERTAIN OTHER INDIVIDUALS EARNING COMPENSATION FROM THE USE OF THEIR NAME, IMAGE OR LIKENESS; ALLOWING FOR THE PROFESSIONAL REPRESENTATION OF A STUDENT ATHLETE BY AN AGENT FOR MATTERS ARISING FROM THE USE OF THE STUDENT ATHLETE'S NAME, IMAGE OR LIKENESS.

AI Summary

This bill, the Student Athlete Endorsement Act, prohibits post-secondary educational institutions from imposing limitations on student athletes earning compensation from the use of their name, image, or likeness. It allows student athletes to receive food, shelter, medical expenses, or insurance from third parties, and earn compensation from third parties for using their name, image, likeness, or athletic reputation. The bill also allows student athletes to obtain representation unaffiliated with their educational institution for contracts or legal matters. The provisions of this act apply to contracts entered into on or after July 1, 2021.

Committee Categories

Business and Industry, Education, Justice

Sponsors (3)

Last Action

Signed by Governor - Chapter 124 - Apr. 7 (on 03/14/2021)

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