Student-Athlete Equity Act

Bill: 116-hr-1804
Sponsor: full_name: Rep. Walker, Mark [R-NC-6]
Introduced: 2019-03-14
Policy area: Taxation
Subjects: Athletes

School athletics

Tax-exempt organizations

Wages and earnings
Latest action: action_date: 2019-03-14
text: Referred to the House Committee on Ways and Means.

Summaries:
action_date: 2019-03-14
action_desc: Introduced in House
text: <p><b>Student-Athlete Equity Act</b></p> <p>This bill modifies the definition of a tax-exempt amateur sports organization to exclude organizations that substantially restrict a student athlete from using, or being reasonably compensated for the third party use of, the athlete's name, image, or likeness. </p>

tv_txt: I 116th CONGRESS 1st Session H. R. 1804 IN THE HOUSE OF REPRESENTATIVES March 14, 2019 Mr. Walker (for himself and Mr. Richmond ) introduced the following bill; which was referred to the Committee on Ways and Means A BILL To amend the Internal Revenue Code of 1986 to prohibit qualified amateur sports organizations from prohibiting or substantially restricting the use of an athletes name, image, or likeness, and for other purposes.

1. Short title This Act may be cited as the Student-Athlete Equity Act . 2. Modification to Definition of Qualified Amateur Sports Organizations (a) In General Section 501(j)(2) of the Internal Revenue Code of 1986 is amended by adding after the period at the end the following: Such term does not include an organization that substantially restricts a student athlete from using, or being reasonably compensated for the third party use of, the name, image, or likeness of such student athlete. . (b) Effective Date The amendments made by this section shall apply to taxable years beginning after the date of the enactment of this Act.