Transfer portal

(a) Role of National Collegiate Athletic Association The National Collegiate Athletic Association shall set forth rules relating to the transfer portal, including with respect to the 1 or more periods during which a student athlete may formally notify the institution of higher education in which the student athlete is enrolled of his or her intent to transfer to another institution of higher education. (b) Effect of transfer (1) In general Except as provided in paragraph (2), a student athlete enrolled at an institution of higher education who transfers to another institution of higher education shall be ineligible to participate in any athletic competition sponsored by the National Collegiate Athletic Association during the academic year, beginning at the start of the fall semester and ending at the end of an institution of higher education's final summer session, in which the student athlete entered the transfer portal. (2) Exception for initial transfer Paragraph (1) shall not apply to the first transfer of a student athlete from an institution of higher education to another institution of higher education. (c) Certain other rules and regulations This section shall supersede any National Collegiate Athletic Association rule or regulation related to transfer eligibility that is in effect on the date of the enactment of this Act. (d) Antitrust exemption Notwithstanding any provision of the Sherman Act (15 U.S.C. 1 et seq.) to the contrary, the National Collegiate Athletic Association (or any successor organization) may establish rules relating to the transfer portal under this section.