No Foreign NIL Funds Act

This bill would bar citizens and government-linked organizations of foreign countries from giving money or other benefits connected to name, image, and likeness (NIL) deals to colleges, student athletes, or NIL collectives. The bill's definition of foreign country excludes NATO members, Australia, New Zealand, and Ireland. Colleges, athletes, and collectives that are approached by such foreign sources would have to report the attempts to the Attorney General and the Secretary of Education. Colleges found in violation would lose eligibility for federal student aid programs until they report compliance, and student athletes who violate the law would be barred from college sports for one year. The bill would also bar colleges, athletic conferences, media distributors, and bowl organizations from sponsorship, media, naming-rights, or investment deals involving foreign countries, require annual disclosure of foreign-linked contracts, and apply federal sanctions-law penalties to violations.

Full text and official record on Congress.gov

Sponsors

• Blake D. Moore Republican sponsor
• 2 cosponsors