Bill > SB230

This bill establishes the Alabama Collegiate Athletics Commission and sets forth regulations and conditions for student athletes to earn compensation from the use of their name, image, or likeness. The key provisions include: allowing student athletes to receive compensation from third parties, prohibiting institutions from unreasonably restricting such compensation, requiring financial literacy workshops for student athletes, and creating an independent dispute resolution process. The bill also imposes certain restrictions, such as prohibiting compensation as an inducement to attend a particular institution and limiting the use of institutional marks or logos without permission. Violations of the act's provisions can result in civil penalties or criminal charges.

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