Bill > HB1276

This bill, the Georgia High School NIL Protection Act, aims to allow high school student athletes in Georgia to receive compensation for the use of their name, image, or likeness (NIL), while also setting certain restrictions and requirements. The key provisions include: - Defining key terms like "athletic association," "NIL compensation," and "student athlete." - Allowing student athletes to receive NIL compensation, but prohibiting them from using school-related branding or endorsing certain products like alcohol and tobacco. - Requiring participating schools to advise student athletes on the NIL rules and the impact on their future college eligibility. - Automatically terminating any NIL compensation contracts after the student athlete graduates or is no longer enrolled. - Prohibiting athletic associations from penalizing student athletes or schools for NIL compensation. - Allowing student athletes to obtain professional representation for NIL contracts and legal matters. - Requiring the appointment of conservators and establishment of trust accounts for minors who receive more than $15,000 in NIL compensation, with specific requirements for those trust accounts. - Establishing training programs on the NIL rules that all involved parties must complete. - Requiring third parties contracted with minors for NIL agreements to register with the state.