H4957: Intercollegiate athlete name, image, and likeness compensation

Legislative Summary

Amend The South Carolina Code Of Laws By Amending Section 59-158-10, Relating To Definitions Concerning Intercollegiate Athletes' Compensation For Name, Image, And Likeness, So As To Revise Several Definitions; By Amending Section 59-158-20, Relating To The Authorization Of Compensation For Use Of An Intercollegiate Athlete's Name, Image, And Likeness, So As To Delete Existing Language And Provide Institutions Of Higher Learning And Certain Agents Of The Institutions May Engage In Certain Actions That May Enable Intercollegiate Athletes To Earn Compensation For Use Of The Name, Image, And Likeness Of The Athlete, Among Other Things; By Amending Section 59-158-30, Relating To The Effects Of Name, Image, And Likeness Compensation On Grant-in-aid Or Athletic Eligibility, So As To Delete Existing Language And Provide Name, Image, And Likeness Contracts May Not Extend Beyond The Intercollegiate Athlete's Eligibility To Participate In An Intercollegiate Athletics Program At An Institution Of Higher Learning; By Amending Section 59-158-40, Relating To Allowed And Prohibited Actions Concerning Intercollegiate Athletes' Name, Image, And Likeness-related Matters, So As To Provide Limitations On Liability For Institution Of Higher Learning Employees For Damages Resulting From Certain Routine Decisions Made In Intercollegiate Athletics, And To Prohibit Certain Conduct By Athletic Associations, Athletic Conferences, Or Other Groups With Authority Over Intercollegiate Athletic Programs At Public Institutions Of Higher Learning, Among Other Things; By Amending Section 59-158-50, Relating To Good Academic Standing Required For Participation In Name, Image, And Likeness Activities, So As To Delete Existing Provisions And Provide Certain Matters Concerning Name, Image, And Likeness Agreements May Not Be Considered Public Records Subject To An Exception And May Not Be Disclosed To Certain Entities; By Amending Section 59-158-60, Relating To Disclosure Of Name, Image, And Likeness Contracts And Third-party Administrators, So As To Delete Existing Language And Provide For The Resolution Of Conflicts Between Certain Provisions Of This Act And Provisions In The Uniform Athlete Agents Act, And To Provide Athlete Agents Shall Comply With Certain Federal Requirements; By Amending Section 59-102-20, Relating To Definitions In The Uniform Athlete Agents Act, So As To Revise The Definition Of "athlete Agent" To Exempt Institutions Of Higher Learning; By Amending Section 59-102-100, Relating To Agency Contracts, So As To Revise Compensation Provisions; By Repealing Section 59-158-70 Relating To Disclosures And Limitations In Name, Image, And Likeness Contracts And Revocation Periods For Such Contracts; And By Repealing Section 59-158-80 Relating To Governing Law And Federal Compliance Contracts. - Ratified Title