[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 4312 Introduced in House (IH)]

<DOC>






119th CONGRESS
  1st Session
                                H. R. 4312

To protect the name, image, and likeness rights of student athletes and 
to promote fair competition with respect to intercollegiate athletics, 
                        and for other purposes.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             July 10, 2025

 Mr. Bilirakis (for himself, Ms. Bynum, Mr. Guthrie, Mr. Walberg, Mr. 
    Jordan, Mr. Figures, Mrs. McClain, Mr. Fitzgerald, and Mr. Fry) 
 introduced the following bill; which was referred to the Committee on 
Education and Workforce, and in addition to the Committee on Energy and 
Commerce, for a period to be subsequently determined by the Speaker, in 
   each case for consideration of such provisions as fall within the 
                jurisdiction of the committee concerned

_______________________________________________________________________

                                 A BILL


 
To protect the name, image, and likeness rights of student athletes and 
to promote fair competition with respect to intercollegiate athletics, 
                        and for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Student Compensation and Opportunity 
through Rights and Endorsements Act'' or the ``SCORE Act''.

SEC. 2. DEFINITIONS.

    In this Act:
            (1) Agent.--The term ``agent''--
                    (A) means an individual who represents a student 
                athlete with respect to a name, image, and likeness 
                agreement or another agreement for compensation related 
                to the participation of such student athlete on a 
                varsity sports team; and
                    (B) does not include an immediate family member of 
                a student athlete, unless the immediate family member 
                receives payment for representation described in 
                subparagraph (A).
            (2) Antitrust laws.--The term ``antitrust laws'' has the 
        meaning given such term in the 1st section of the Clayton Act 
        (15 U.S.C. 12) and section 5 of the Federal Trade Commission 
        Act (15 U.S.C. 45) to the extent that such section 5 applies to 
        unfair methods of competition.
            (3) Associated entity or individual.--The term ``associated 
        entity or individual'' means, with respect to an institution--
                    (A) an entity that is known or should be known to 
                the employees of the athletic department of such 
                institution to exist, in significant part, for the 
                purpose of--
                            (i) promoting or supporting the varsity 
                        sports teams or student athletes of such 
                        institution; or
                            (ii) creating or identifying opportunities 
                        relating to name, image, and likeness 
                        agreements solely for the student athletes of 
                        such institution;
                    (B) an individual who is or has been a member, 
                employee, director, officer, owner, or other 
                representative of an entity described in subparagraph 
                (A);
                    (C) an individual who directly or indirectly 
                (including through contributions by an entity 
                affiliated with such individual or an immediate family 
                member of such individual) has contributed more than 
                $50,000 (as adjusted on July 1 each year by the 
                percentage increase (if any), during the preceding 12-
                month period, in the Consumer Price Index for All Urban 
                Consumers published by the Bureau of Labor Statistics) 
                over the lifetime of the individual to the athletic 
                programs of such institution or to an entity described 
                in subparagraph (A);
                    (D) an individual or entity who--
                            (i) is directed or requested by the 
                        employees of the athletic department of such 
                        institution to assist in the recruitment or 
                        retention of prospective student athletes or 
                        student athletes, respectively; or
                            (ii) otherwise assists in such recruitment 
                        or retention; or
                    (E) any entity (other than a publicly traded 
                corporation) owned, controlled, operated by, or 
                otherwise affiliated with an individual or entity 
                described in subparagraph (A), (B), (C), or (D).
            (4) College sports revenue.--The term ``college sports 
        revenue'' means any revenue (without regard to ownership or 
        legal title to such revenue) received by an institution with 
        respect to intercollegiate athletics--
                    (A) from the sale of admission to intercollegiate 
                athletic competitions or any other event involving a 
                varsity sports team, including actual monetary revenue 
                received by or for the benefit of such institution for 
                a suite license (unless such suite license is 
                associated with philanthropy or any purpose not related 
                to intercollegiate athletic competitions, including a 
                concert);
                    (B) from participation by the varsity sports teams 
                of such institution in intercollegiate athletic 
                competitions held at other institutions, including 
                payments received due to cancellations of such 
                intercollegiate athletic competitions;
                    (C) for radio, television, internet, digital, and 
                e-commerce rights, including revenue relating to media 
                rights distributed by a conference to members of the 
                conference, if applicable;
                    (D) from an interstate intercollegiate athletic 
                association, including any grant, distribution of 
                revenue, reimbursement relating to travel with respect 
                to a championship of such interstate intercollegiate 
                athletic association, and payment for hosting such a 
                championship;
                    (E) generated by a post-season football bowl, 
                including any distribution of revenue by a conference 
                to members of the conference and any other payment 
                related to the participation of such institution in 
                such post-season football bowl, including for ticket 
                sales and reimbursement of expenses;
                    (F) from a conference, other than any revenue 
                otherwise described in this paragraph;
                    (G) for sponsorships, licensing agreements, 
                advertisements, royalties, and in-kind products and 
                services as part of a sponsorship agreement; and
                    (H) relating to any additional form of revenue an 
                interstate intercollegiate athletic association uses 
                with respect to the pool limit of such interstate 
                intercollegiate athletic association.
            (5) Compensation.--The term ``compensation''--
                    (A) means, with respect to a student athlete or a 
                prospective student athlete, any form of payment or 
                remuneration, whether provided through cash, benefits, 
                awards, or any other means, including payments for--
                            (i) licenses relating to, or the use of, 
                        name, image, and likeness rights; or
                            (ii) licenses relating to, or the use of, 
                        any other Federal or State intellectual or 
                        intangible property right; and
                    (B) does not include--
                            (i) grants-in-aid;
                            (ii) Federal Pell Grants and other Federal 
                        or State grants unrelated to and not awarded 
                        with regard to participation in intercollegiate 
                        athletics;
                            (iii) health insurance and payments for the 
                        costs of health care, including health 
                        insurance and payments for the costs of health 
                        care wholly or partly self-funded by an 
                        institution, conference, or interstate 
                        intercollegiate athletic association;
                            (iv) disability and loss-of-value 
                        insurance, including disability and loss-of-
                        value insurance that is wholly or partly self-
                        funded by an institution, conference, or 
                        interstate intercollegiate athletic 
                        association;
                            (v) career counseling, job placement 
                        services, and other guidance available to all 
                        students at an institution;
                            (vi) payment of hourly wages and benefits 
                        for work actually performed (and not for 
                        participation in intercollegiate athletics) at 
                        a rate commensurate with the going rate in the 
                        locality of an institution for similar work;
                            (vii) academic awards paid to student 
                        athletes by institutions;
                            (viii) provision of financial literacy or 
                        tax education resources and guidance; or
                            (ix) any program to connect student 
                        athletes with employers and facilitate 
                        employment opportunities, if--
                                    (I) the financial terms of such 
                                employment opportunities are consistent 
                                with the terms offered to similarly 
                                situated employees who are not student 
                                athletes; and
                                    (II) such program is not used to 
                                induce a student athlete to attend a 
                                particular institution.
            (6) Conference.--The term ``conference'' means an entity 
        that--
                    (A) has as members 2 or more institutions;
                    (B) arranges regular season intercollegiate 
                athletic competitions and championships for such 
                members; and
                    (C) sets rules with respect to such intercollegiate 
                athletic competitions and championships.
            (7) Cost of attendance.--The term ``cost of attendance''--
                    (A) has the meaning given such term in section 472 
                of the Higher Education Act of 1965 (20 U.S.C. 1087ll); 
                and
                    (B) is calculated by the financial aid office of an 
                institution applying the same standards, policies, and 
                procedures for all students.
            (8) Grant-in-aid.--The term ``grant-in-aid'' means a 
        scholarship, grant, stipend, or other form of financial 
        assistance, including the provision of tuition, room, board, 
        books, or funds for fees or personal expenses, that--
                    (A) is paid or provided by an institution to a 
                student for the undergraduate or graduate course of 
                study of the student; and
                    (B) is in an amount that does not exceed the cost 
                of attendance at the institution for such student.
            (9) Image.--The term ``image'' means, with respect to a 
        student athlete, a picture or a video that identifies, is 
        linked to, or is reasonably linkable to such student athlete.
            (10) Institution.--The term ``institution'' has the same 
        meaning given the term ``institution of higher education'' in 
        section 101 of the Higher Education Act of 1965 (20 U.S.C. 
        1001).
            (11) Intercollegiate athletic competition.--The term 
        ``intercollegiate athletic competition'' means any contest, 
        game, meet, match, tournament, regatta, or other event in which 
        varsity sports teams of more than 1 institution compete.
            (12) Intercollegiate athletics.--The term ``intercollegiate 
        athletics''--
                    (A) means the varsity sports teams for which 
                eligibility requirements for participation by student 
                athletes are established by a conference or an 
                interstate intercollegiate athletic association; and
                    (B) does not include any recreational, intramural, 
                or club teams.
            (13) Interstate intercollegiate athletic association.--The 
        term ``interstate intercollegiate athletic association'' 
        means--
                    (A) any entity incorporated in the United States 
                that--
                            (i) sets common rules, standards, 
                        procedures, or guidelines for the 
                        administration and regulation of varsity sports 
                        teams and intercollegiate athletic 
                        competitions;
                            (ii) is composed of 2 or more institutions 
                        or conferences located in more than 1 State; 
                        and
                            (iii) has rules or bylaws prohibiting the 
                        provision of prohibited compensation to student 
                        athletes and prospective student athletes; and
                    (B) does not include any entity affiliated with 
                professional athletic competitions.
            (14) Likeness.--The term ``likeness'' means, with respect 
        to a student athlete, a physical or digital depiction or 
        representation that identifies, is linked to, or is reasonably 
        linkable to such student athlete.
            (15) Name.--The term ``name'' means, with respect to a 
        student athlete, the first, middle, or last name, or the 
        nickname or former name, of such student athlete if used in a 
        context that identifies, is linked to, or is reasonably 
        linkable to such student athlete.
            (16) Name, image, and likeness agreement.--The term ``name, 
        image, and likeness agreement'' means a contract or similar 
        agreement under which a student athlete licenses or authorizes, 
        or a contract or similar agreement that otherwise is in 
        relation to, the commercial use of the name, image, or likeness 
        of the student athlete.
            (17) Name, image, and likeness rights.--The term ``name, 
        image, and likeness rights'' means rights recognized under 
        Federal or State law that allow an individual to control and 
        profit from the commercial use of the name, image, and likeness 
        of such individual, including all rights commonly referred to 
        as ``publicity rights''.
            (18) Pool limit.--The term ``pool limit'' means a dollar 
        amount based on college sports revenue that--
                    (A) is calculated and published by an interstate 
                intercollegiate athletic association pursuant to the 
                rules the interstate intercollegiate athletic 
                association establishes under section 6; and
                    (B) serves as the annual maximum amount that an 
                institution that is a member of such interstate 
                intercollegiate athletic association may provide, in 
                total, to student athletes of such institution, 
                including in the form of a name, image, and likeness 
                agreement or direct payment.
            (19) Prohibited compensation.--The term ``prohibited 
        compensation'' means--
                    (A) compensation (including an agreement for 
                compensation) to a student athlete from an associated 
                entity or individual of the institution at which the 
                student athlete is enrolled (or to a prospective 
                student athlete from an associated entity or individual 
                of an institution for which the prospective student 
                athlete is being recruited) for any license or use of 
                the name, image, and likeness rights of such student 
                athlete or prospective student athlete (or any other 
                license or use), unless the license or use is for a 
                valid business purpose related to the promotion or 
                endorsement of goods or services provided to the 
                general public for profit, with compensation at rates 
                and terms commensurate with compensation paid to 
                individuals with name, image, and likeness rights of 
                comparable value who are not student athletes or 
                prospective student athletes with respect to such 
                institution; and
                    (B) compensation to a student athlete (or a 
                prospective student athlete) if such compensation is 
                paid by or on behalf of the institution at which the 
                student athlete is enrolled (or for which the 
                prospective student athlete is being recruited) and 
                results in the exceeding of the pool limit established 
                by the interstate intercollegiate athletic association 
                of which such institution is a member.
            (20) Prospective student athlete.--The term ``prospective 
        student athlete'' means an individual who is solicited to 
        enroll at an institution by, or at the direction of, an 
        employee or an associated entity or individual of the 
        institution in order for such individual to participate in a 
        varsity sports team of such institution.
            (21) State.--The term ``State'' means each State of the 
        United States, the District of Columbia, and each commonwealth, 
        territory, or possession of the United States.
            (22) Student athlete.--The term ``student athlete'' means 
        an individual who--
                    (A) is enrolled or has agreed to enroll at an 
                institution; and
                    (B) participates in a varsity sports team of such 
                institution.
            (23) Varsity sports team.--The term ``varsity sports team'' 
        means an entity composed of an individual or group of 
        individuals enrolled at an institution that is organized by 
        such institution for the purpose of participation in 
        intercollegiate athletic competitions.

SEC. 3. PROTECTION OF NAME, IMAGE, AND LIKENESS RIGHTS OF STUDENT 
              ATHLETES.

    (a) Right To Enter Into Name, Image, and Likeness Agreements.--
            (1) In general.--No institution, conference, or interstate 
        intercollegiate athletic association may restrict the ability 
        of a student athlete to enter into a name, image, and likeness 
        agreement.
            (2) Exceptions.--
                    (A) Prohibited compensation.--Paragraph (1) does 
                not apply with respect to a name, image, and likeness 
                agreement to the extent such agreement provides 
                prohibited compensation.
                    (B) Codes of conduct and conflicting agreements.--
                Notwithstanding paragraph (1), an institution may 
                restrict the ability of a student athlete of such 
                institution (including a prospective student athlete 
                who has agreed to attend such institution) to enter 
                into a name, image, and likeness agreement that--
                            (i) violates the code of conduct of such 
                        institution; or
                            (ii) conflicts with the terms of a contract 
                        or similar agreement to which such institution 
                        is a party.
    (b) Right to Representation.--Except as provided by this Act, no 
institution, conference, or interstate intercollegiate athletic 
association may restrict the ability of a student athlete to obtain an 
agent.
    (c) Right to Privacy.--Except as provided by this Act, no 
institution, conference, or interstate intercollegiate athletic 
association may release information disclosed to such entity by a 
student athlete with respect to a name, image, and likeness agreement 
without the express written consent of such student athlete.

SEC. 4. SPORTS AGENT RESPONSIBILITY AND TRUST ACT.

    The Sports Agent Responsibility and Trust Act (15 U.S.C. 7801 et 
seq.) is amended--
            (1) in section 3(b)(3), by striking ``Warning to Student 
        Athlete: If you agree orally or in writing to be represented by 
        an agent now or in the future you may lose your eligibility to 
        compete as a student athlete in your sport.'' and inserting 
        ``Notice to Student Athlete:''; and
            (2) by adding at the end the following:

``SEC. 9. DISCLOSURE AND CONSENT RELATING TO NAME, IMAGE, AND LIKENESS 
              AGREEMENTS.

    ``(a) In General.--An athlete agent who assists a student athlete 
with an endorsement contract shall disclose in writing to the student 
athlete--
            ``(1) whether the athlete agent is registered with an 
        interstate intercollegiate athletic association (as defined in 
        section 2 of the SCORE Act); and
            ``(2) if the athlete agent is registered with an interstate 
        intercollegiate athletic association, whether the athlete agent 
        is registered with the interstate intercollegiate athletic 
        association that has as a member the institution (as defined in 
        section 2 of the SCORE Act) at which the student athlete is 
        enrolled.
    ``(b) Consent.--In the case of an athlete agent who is not 
registered with an interstate intercollegiate athletic association, the 
athlete agent may only assist a student athlete with an endorsement 
contract if the student athlete (or, in the case of a student athlete 
who is under 18 years of age, the parent or guardian of the student 
athlete) provides to the athlete agent written consent for such 
assistance after receiving the disclosure under subsection (a).
    ``(c) Enforcement.--
            ``(1) In general.--If an attorney general of a State has 
        reason to believe that an interest of the residents of that 
        State has been or is threatened or adversely affected by the 
        engagement of any athlete agent in a practice that violates 
        this section, the attorney general may bring a civil action 
        pursuant to section 5 in the same manner as the attorney 
        general may bring a civil action with respect to a violation of 
        section 3.
            ``(2) Sole authority.--No individual or entity other than 
        an attorney general of a State may enforce this section.
            ``(3) No federal notice necessary.--Subsections (a)(2), 
        (b), and (d) of section 5 do not apply to an action brought by 
        an attorney general of a State pursuant to this subsection.''.

SEC. 5. REQUIREMENTS APPLICABLE TO CERTAIN INSTITUTIONS.

    (a) Requirements.--An institution described in subsection (c) 
shall--
            (1) provide comprehensive academic support and career 
        counseling services to student athletes that include life 
        skills development programs with respect to--
                    (A) mental health, including alcohol and substance 
                abuse;
                    (B) strength and conditioning;
                    (C) nutrition;
                    (D) name, image, and likeness rights, including 
                related legal advice;
                    (E) financial literacy, including taxes;
                    (F) career readiness and counseling;
                    (G) the process for transferring between 
                institutions; and
                    (H) sexual violence prevention;
            (2) provide medical and health benefits to student athletes 
        that include--
                    (A) medical care, including payment of out-of-
                pocket expenses, for an injury of a student athlete 
                incurred during the involvement of such student athlete 
                in intercollegiate athletics for such institution that 
                is available to the student athlete during the period 
                of enrollment of the student athlete with such 
                institution and a period of at least 3 years following 
                graduation or separation from such institution (unless 
                such separation is due to violation of a code of 
                conduct);
                    (B) mental health services and support, including 
                mental health educational materials and resources;
                    (C) an administrative structure that provides 
                independent medical care, including with respect to 
                decisions regarding return to play; and
                    (D) a certification of insurance coverage for 
                medical expenses resulting from injuries of student 
                athletes incurred during the involvement of such 
                student athletes in intercollegiate athletics for such 
                institution;
            (3) maintain a grant-in-aid provided to a student athlete 
        in relation to the involvement of such student athlete in 
        intercollegiate athletics during the period of that grant-in-
        aid for such institution without regard to--
                    (A) athletic performance;
                    (B) contribution to team success;
                    (C) injury, illness, or physical or mental 
                condition; or
                    (D) receipt of compensation pursuant to a name, 
                image, and likeness agreement;
            (4) provide a degree completion program--
                    (A) for each former student athlete of such 
                institution who received a grant-in-aid from such 
                institution and did not graduate from such institution; 
                and
                    (B) that provides financial aid to such former 
                student athlete in an amount that is based on the 
                average annual grant-in-aid provided to such former 
                student athlete during the period that such former 
                student athlete participated on a varsity sports team 
                of the institution; and
            (5) establish, not later than July 1, 2027, and thereafter 
        maintain, at least 16 varsity sports teams.
    (b) Collaboration.--An institution may carry out subsection (a) in 
conjunction with a conference or interstate intercollegiate athletic 
association.
    (c) Applicability.--An institution is described in this subsection 
if any member of the coaching staff of a varsity sports team of such 
institution earns more than $250,000 in base salary annually (as 
adjusted on July 1 each year by the percentage increase (if any), 
during the preceding 12-month period, in the Consumer Price Index for 
All Urban Consumers published by the Bureau of Labor Statistics).

SEC. 6. ROLES OF INTERSTATE INTERCOLLEGIATE ATHLETIC ASSOCIATIONS.

    An interstate intercollegiate athletic association is authorized to 
establish and enforce rules with respect to--
            (1) requiring a student athlete or prospective student 
        athlete to disclose, in a timely manner, the terms of a name, 
        image, and likeness agreement entered into by such student 
        athlete;
            (2) establishing and implementing a process to collect and 
        publicly share aggregated and anonymized data related to the 
        name, image, and likeness agreements of student athletes;
            (3) prohibited compensation, including processes for 
        dispute resolution and penalties, if such rules provide that a 
        student athlete does not lose eligibility to compete in 
        intercollegiate athletic competitions while a process for 
        dispute resolution is ongoing;
            (4) setting parameters for the manner in which and the time 
        period during which student athletes and prospective student 
        athletes may be recruited for intercollegiate athletics;
            (5) calculating a pool limit, if such rules provide that 
        such pool limit is at least 22 percent of the average annual 
        college sports revenue of the 70 highest earning (with respect 
        to such revenue) member institutions of such interstate 
        intercollegiate athletic association (or, if such interstate 
        intercollegiate athletic association has fewer than 70 members, 
        the average annual college sports revenue of all members), and 
        monitoring payments of compensation related to such pool limit;
            (6) setting parameters for the manner in which a student 
        athlete may transfer between institutions, if such rules 
        provide that--
                    (A) on at least 1 occasion each student athlete may 
                transfer between institutions and be immediately 
                eligible; and
                    (B) an institution to which a student athlete is 
                transferring or is considering transferring shall 
                provide to such student athlete, at the request of such 
                student athlete, in writing and at a reasonable time 
                prior to completion of the transfer, a notice of the 
                previously earned academic credits of such student 
                athlete that such institution will accept, including 
                with respect to the program of study of such student 
                athlete;
            (7) the eligibility of a student athlete to participate in 
        intercollegiate athletics, such as rules with respect to the 
        length of time a student athlete is eligible to compete and 
        academic standards for eligibility;
            (8) establishing and implementing a process for agent 
        registration, including--
                    (A) setting parameters for the ability of member 
                institutions to negotiate with agents who are not 
                registered under such process; and
                    (B) limiting the amount of the compensation under a 
                name, image, and likeness agreement between a student 
                athlete and an institution that may be provided to the 
                agent of such student athlete to not more than 5 
                percent of such compensation;
            (9) the membership of, and participation in, such 
        interstate intercollegiate athletic association, including any 
        championships administered by such interstate intercollegiate 
        athletic association, under which such interstate 
        intercollegiate athletic association may establish membership 
        qualifications, remove members, and otherwise regulate 
        participation; and
            (10) intercollegiate athletic competitions and playing 
        seasons, including rules with respect to season length, maximum 
        number of contests, and student athlete time demands (whether 
        during a playing season or outside of such season).

SEC. 7. LIABILITY LIMITATION.

    Compliance with this Act and the adoption of, agreement to, 
compliance with, or enforcement of any rule, regulation, requirement, 
standard, or other provision established pursuant to, or in compliance 
with, this Act shall be treated as lawful under the antitrust laws and 
any similar State law, rule, regulation, requirement, standard, or 
other provision having the force and effect of law.

SEC. 8. EMPLOYMENT STANDING.

    Notwithstanding any other provision of Federal or State law, no 
individual may be considered an employee of an institution, a 
conference, or an interstate intercollegiate athletic association based 
on the participation of such individual on a varsity sports team or in 
an intercollegiate athletic competition as a student athlete, without 
regard to the existence of rules or requirements for being a member of 
such team or for participating in such competition.

SEC. 9. STUDENT ATHLETIC FEES.

    (a) Transparency Requirements.--
            (1) Information dissemination activities.--Section 
        485(a)(1)(E) of the Higher Education Act of 1965 (20 U.S.C. 
        1092(a)(1)(E)) is amended by inserting ``(including the amount 
        of such fees used to support intercollegiate athletic 
        programs)'' after ``and fees''.
            (2) Data required.--
                    (A) In general.--Section 485(g) of the Higher 
                Education Act of 1965 (20 U.S.C. 1092(g)) is amended--
                            (i) in paragraph (1), by adding at the end 
                        the following:
                    ``(K) With respect to fees charged to students to 
                support intercollegiate athletic programs--
                            ``(i) the total amount of such fees charged 
                        to students;
                            ``(ii) the uses of such fees with respect 
                        to facilities, operating expenses, 
                        scholarships, payments to athletes, salaries of 
                        coaches and support staff, and any other 
                        expenses reported under this paragraph; and
                            ``(iii) the percentage of the total cost of 
                        such programs covered by such fees.''; and
                            (ii) in paragraph (3)--
                                    (I) by striking the period at the 
                                end and inserting ``; and'';
                                    (II) by striking ``that all 
                                students'' and inserting the following: 
                                ``that--
                    ``(A) all students''; and
                                    (III) by adding at the end the 
                                following:
                    ``(B) with respect to the information described in 
                paragraph (1)(K), the institution shall annually 
                publish such information on a publicly available 
                website of the institution not later than October 15 
                following the end of each fiscal year of the 
                institution.''.
                    (B) Effective date.--The amendments made by 
                subparagraph (A) shall take effect and apply beginning 
                on July 1, 2026.
    (b) Restricting Student Fees for High-Media-Rights-Revenue 
Institutions.--
            (1) Media rights revenues.--Section 485(g)(1)(I)(ii) of the 
        Higher Education Act of 1965 (20 U.S.C. 1092(a)(1)(I)(ii)) is 
        amended by striking ``broadcast revenues'' and inserting 
        ``media rights revenues (including revenues from broadcasting, 
        streaming, or digital distribution of intercollegiate athletic 
        events)''.
            (2) Program participation agreements.--Section 487(a) of 
        the Higher Education Act of 1965 (20 U.S.C. 1094(a)) is amended 
        by adding at the end the following:
            ``(30) In the case of an institution that, for the most 
        recently completed fiscal year, had annual media rights 
        revenues (as described in section 485(g)(1)(I)(ii)) of 
        $50,000,000 or more, the institution will not, for the fiscal 
        year immediately following such fiscal year, use student fees 
        to support intercollegiate athletic programs, including with 
        respect to facilities, operating expenses (as defined in 
        section 485(g)), scholarships, payments to athletes, salaries 
        of coaches and support staff, and any other expenses reported 
        under section 485(g)(1).''.
            (3) Effective date.--The amendments made by this subsection 
        shall take effect and apply beginning on July 1, 2026.

SEC. 10. PREEMPTION.

    No State, or political subdivision of a State, may maintain, 
enforce, prescribe, or continue in effect any law, rule, regulation, 
requirement, standard, or other provision having the force and effect 
of law that--
            (1) governs or regulates the compensation, payment, 
        benefits, employment status, or eligibility of a student 
        athlete (including a prospective student athlete) with respect 
        to participation in intercollegiate athletics, including any 
        law, rule, regulation, requirement, standard, or other 
        provision that relates to the right of a student athlete to 
        receive compensation or other payments or benefits directly or 
        indirectly from any institution, associated entity or 
        individual, conference, or interstate intercollegiate athletic 
        association;
            (2) limits or restricts a right provided to an institution, 
        a conference, or an interstate intercollegiate athletic 
        association under this Act;
            (3) requires a release of or license to use the name, 
        image, and likeness rights of any individual participant, or 
        group of participants, in an intercollegiate athletic 
        competition (or an individual spectator or group of spectators 
        at an intercollegiate athletic competition) for purposes of 
        audio-visual, audio, or visual broadcasts or other 
        distributions of such intercollegiate athletic competition; or
            (4) is otherwise related to this Act.
                                 <all>