Disclosures and establishment of name, image, and likeness agreement database

(a) Disclosures by institutions (1) Disclosure of data on name, image, and likeness agreements Not later than July 1 of the first year beginning after the date of the enactment of this Act, and each July 1 thereafter, each institution shall disclose to the intercollegiate athletic association of which the institution is a member, in an anonymized manner, the following data: (A) With respect to each name, image, and likeness agreement disclosed to the institution by a student athlete as required by section 101(b)— (i) a description of services rendered; and (ii) the amount of compensation to be provided to the student athlete or group of athletes under the agreement. (B) With respect to each name, image, and likeness agreement entered into between the institution and a student athlete, disaggregated by intercollegiate sports program— (i) the number of agreements the institution entered into; (ii) the average value of the agreements; and (iii) the total value of the agreements. (2) Report on revenue and student outcomes Not later than 60 days after the date on which an academic year ends, each institution with 1 or more intercollegiate sports programs shall submit to the governing athletic association for such institution a report that includes, for the academic year, the following: (A) The amount of revenues and expenditures of each such sports program, including the amount of associated entity and third-party donations, Federal funds, and State funds, including the total amount of remuneration for personnel of each intercollegiate sports program, individually by program and in the aggregate. (B) The average number of hours student athletes spent on intercollegiate athletic events and intercollegiate athletic competition, disaggregated by sports program. (C) The academic outcomes and majors for student athletes, disaggregated by sports program. (3) Treatment of men’s and women’s programs An institution shall treat men’s and women’s sports programs as distinct sports programs for the purposes of disclosure and reporting obligations under this subsection. (4) Protection of personally identifiable information In making a disclosure under paragraph (1), an institution shall ensure that no personally identifiable information of a student athlete is transmitted to an intercollegiate athletic association. (b) Disclosures by associations and database (1) In general Not later than September of the first year beginning after the date of the enactment of this Act, each intercollegiate athletic association shall establish and maintain a publicly accessible, searchable database for student athletes and their agents to estimate the fair market value for name, image, and likeness agreements. (2) Content of database An intercollegiate athletic association shall include the data reported by institutions pursuant to subsection (a)(1) in the database described in paragraph (1). (3) Update of database An intercollegiate athletic association shall update the database described in paragraph (1) each September 1. (4) Privacy An intercollegiate athletic association shall take reasonable technical measures to ensure that information available in the database described in paragraph (1) may not be used to identify a student athlete. (5) Limitation This section applies only to institutions that compete in Division 1 as defined by bylaw 20.9 of the National Collegiate Athletic Association, or a successor bylaw.