S.Amdt. 6786

SA 6786. Ms. BALDWIN submitted an amendment intended to be proposed
by her to the bill S. 4668, to protect the name, image, and likeness
rights of, and provide protections for, student athletes and to promote
fair competition among intercollegiate athletics, and for other
purposes; which was ordered to lie on the table; as follows:

At the end of title II, add the following:

SEC. 2__. PROHIBITION ON PARTICIPATION WITH PRIVATE EQUITY
FIRMS.

(a) Definitions.--In this section:
(1) Covered firm.--The term ``covered firm'' means an
entity that would be considered an investment company under
section 3 of the Investment Company Act of 1940 (15 U.S.C.
80a-3) but for the application of paragraph (1) or (7) of
subsection (c) of such section 3.
(2) Institution; intercollegiate athletic competition;
student athlete.--The terms ``institution'',
``intercollegiate athletic competition'', and ``student
athlete'' have the meanings given those terms in section 8 of
the Sports Broadcasting Act of 1961, as redesignated by
section 201(b)(1) of this Act.
(b) Prohibition.--Notwithstanding any other provision of
this title, or any amendment made by this title, an
institution may not participate with a covered firm in any
capacity with respect to--
(1) the sale, licensing, or other conveyance of media
rights for intercollegiate athletic competitions; or
(2) the operation of an intercollegiate sports program at
the institution, including with respect to coaching,
recruiting, scheduling, or the support of student athletes.
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