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Enacted

HB 7-B

NIL Deregulation Act

Introduced

February 2023

Sponsor

Florida Legislature

Committee

N/A - Enacted

Vote Deadline

N/A

Effective Date

March 24, 2023

Summary

Emergency deregulation legislation passed in response to NCAA sanctions against University of Miami over the Cavinder twins NIL deal. Removed institutional restrictions and liability, allowing Florida schools to actively assist athletes with NIL deals.

Key Provisions

School Assistance Permitted

Schools and coaches can now actively assist athletes in securing NIL deals.

Liability Removal

Removed institutional liability for NIL activities, protecting schools from NCAA enforcement.

Booster Involvement

Allowed boosters to interact with athletes on NIL matters without jeopardizing eligibility.

Protective Legislation

Designed to protect Florida schools from NCAA investigations like the Miami/Cavinder ruling.

Current Law

HB 7-B is currently in effect and governs how Florida institutions can participate in NIL activities. It supplements the original SB 646 framework.

Potential Impact

This law was a direct response to the NCAA sanctioning Miami over the Cavinder twins deal. It effectively told the NCAA that Florida would not allow its schools to be penalized for NIL activity. Other states followed with similar protective legislation.

Official Resources

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