Reports

(a) Federal Trade Commission study (1) Study The Federal Trade Commission shall conduct a study to analyze the impacts of establishing a program, administered by an entity independent of any institution, conference, or interstate intercollegiate athletic association, to develop standards for, certify as compliant with such standards, and otherwise regulate agents who enter into agreements with student athletes, which shall include an analysis of— (A) options for establishing such a program; (B) potential sources of funding for such a program; (C) a reasonable timeline for establishing such a program; and (D) the costs and benefits associated with such a program. (2) Report Not later than 1 year after the date of the enactment of this Act, the Federal Trade Commission shall submit to Congress a report on the results of the study conducted under paragraph (1), which shall include legislative recommendations with respect to the establishment and funding of the program described in such paragraph. (b) Compliance reporting (1) Biennial report Not later than 180 days after the date of the enactment of this Act, and every 2 years thereafter, each interstate intercollegiate athletic association shall submit to Congress a report that includes— (A) a summary of the issues faced by such interstate intercollegiate athletic association relating to compliance with this Act, including the amendments made by this Act; (B) a summary of the trends among institutions, conferences, and interstate intercollegiate athletic associations relating to such compliance; and (C) recommendations to improve the health, safety, and educational opportunities of student athletes. (2) Comptroller General report Not later than 5 years after the date of the enactment of this Act, and every 5 years thereafter, the Comptroller General of the United States shall— (A) conduct an investigation with respect to compliance with this Act, including the amendments made by this Act; and (B) submit to Congress a report that includes— (i) a summary of the findings of the investigation conducted under subparagraph (A); and (ii) recommendations to improve the health, safety, and educational opportunities of student athletes. (c) Study on Olympic Sports (1) In general The Comptroller General of the United States shall conduct a study— (A) to assess the impact of this Act on Olympic Sports, including the funding of Olympic Sports; and (B) to develop recommendations for support of Olympic Sports, given the unique nature of Olympic Sports and intercollegiate athletics in the United States. (2) Contents The study conducted under paragraph (1) shall include— (A) a survey of international models of support for Olympic Sports, including models that could be adapted to the unique nature of Olympic Sports and intercollegiate athletics in the United States; (B) the projected scale and magnitude of potential support for Olympic Sports, given historic levels of support provided by institutions; (C) the coordination required to develop and cultivate Olympic Sports at institutions; and (D) an analysis of the trends with respect to roster sizes for Olympic Sports at institutions, with a focus on the top 70 highest earning institutions with respect to average annual college sports revenue. (3) Report Not later than 2 years after the date of the enactment of this Act, the Comptroller General of the United States shall submit to Congress a report on the results of the study conducted under paragraph (1). (4) Olympic Sports defined In this subsection, the term Olympic Sports means the sports officially recognized and contested during the Summer and Winter Olympic Games.