Student athlete representation on intercollegiate athletic association governing boards

(a) In general Not less than 1/3 of the membership and voting power of any board of directors or other governing board, or committees with authority to establish and enforce rules or bylaws shall be comprised of current student athletes or former student athletes who have graduated from their institution during the preceding 10-year period. (b) Limitation (1) A former student athlete who is a current or former employee of an intercollegiate athletic association, a conference, or a member institution may not count towards the student athlete membership requirement pursuant to subsection (a); and (2) no member of any such board or committee shall vote on any matter that presents a conflict of interest for such member.