Bill > HB335

This bill, titled "Confidential Student Athlete NIL Info," proposes to amend existing New Mexico law concerning student athlete compensation. The key provision is that any documents or records related to a student athlete's compensation for the use of their name, image, likeness, or athletic reputation will be considered confidential and exempt from public inspection. This means that information about how much a student athlete is paid for endorsements or other deals will not be publicly available, unless it is necessary for regulatory compliance or required by a court order. The bill also clarifies that student athletes can earn this type of compensation without it affecting their athletic scholarships or stipends, and it outlines conditions for third-party compensation contracts. The term "NIL" stands for Name, Image, and Likeness, which refers to the rights student athletes now have to profit from their personal brand.