Bill > HB0194

This bill amends Tennessee's education code to establish comprehensive regulations for intercollegiate athletes' name, image, and likeness (NIL) compensation rights. The legislation allows college athletes to earn money from their personal brand through third-party agreements while providing protections and guidelines for institutions, athletic associations, and the athletes themselves. Key provisions include permitting athletes to receive compensation related to their name, image, and likeness, establishing requirements for third-party representation, and creating safeguards against potential exploitation. The bill requires institutions to conduct financial literacy workshops for athletes, protects certain records as confidential, and prohibits athletic associations from interfering with athletes' compensation opportunities. Athletes are prohibited from engaging in NIL activities promoting gambling, tobacco, alcohol, or adult entertainment, and institutions can set reasonable restrictions on NIL activities to prevent interference with academic or athletic programs. The legislation also ensures that athlete compensation does not affect their athletic eligibility or grant-in-aid status, and provides a mechanism for private institutions to opt out of certain provisions with mutual agreement from their athletic associations. The bill aims to provide a comprehensive framework for NIL compensation that balances athlete rights with institutional interests and maintains competitive integrity in college sports.

Budget and Finance, Education

https://wapp.capitol.tn.gov/apps/Billinfo/default.aspx?BillNumber=HB0194&ga=114