Bill > HB1041

This bill modifies Colorado's laws regarding student athletes' rights to earn compensation from their name, image, and likeness (NIL). The bill expands the definition of "student athlete" to include individuals eligible to engage in intercollegiate sports, explicitly excluding high school athletes. It prohibits institutions and athletic associations from preventing student athletes from earning compensation through NIL contracts or obtaining professional representation, such as athlete advisors or attorneys. For athletes under 18, a parent or guardian must be involved in negotiations. The bill allows institutions to provide compensation to student athletes for NIL use and requires each institution to submit an annual report to the Department of Higher Education by January 15th each year, detailing gender- and sport-based spending across various categories. Additionally, the bill adds a provision to protect personally identifiable information related to NIL agreements from public disclosure, defining such information as details that could reasonably identify an individual, such as name, address, contact information, and compensation details. These changes aim to support student athletes' economic opportunities while maintaining privacy and transparency.

Education

https://leg.colorado.gov/bills/hb25-1041