CMT Subcommittee Holds Legislative Hearing on SCORE Act to Standardize NIL in College Athletics
WASHINGTON, D.C. – Today, Congressman Gus Bilirakis (FL-12), Chairman of the Subcommittee on Commerce, Manufacturing, and Trade, led a hearing titled Winning Off the Field: Legislative Proposal to Stabilize NIL and College Athletics. “College athletics are a vital part of American culture, and it's clear—from both student-athletes and universities—that a national framework is long overdue. The Student Compensation and Opportunity through Rights and Endorsements (SCORE) Act delivers the stability, clarity, and transparency that stakeholders have been calling for,” said Chairman Bilirakis . “I’m proud of the work our Subcommittee has done on this important issue, and I look forward to advancing a measure that establishes clear guardrails—ones that empower student-athletes while upholding the core educational mission of our colleges and universities. ” Watch the full hearing here . Below are key excerpts from today’s hearing: Congresswoman Diana Harshbarger (TN-01): “Do you think these revenue sharing agreements will bring stability to college athletic rosters?” Ms. Montgomery: “I do think that it will bring a level of stability. [...] It's able to bring in some of those collective actions—some of those opportunities that we've seen previously—in house to make sure there is no nefarious activity going on.” Congressman Gabe Evans (CO-08): “In this conversation, some folks have proposed the creation of a federal self-regulatory organization, or some other sort of independent body to oversee college sports, including NIL. So just curious, in your view, do you think this is necessary or unnecessary? What mechanisms are already in place, and how do we ensure fair play and athlete protection without creating a new layer of bureaucracy?” Mr. King : “I do not think that we need federally created commission. You've heard talk about the College Sports Commission, which arises out of the House settlement. Now that it's approved, it is actually in existence and up and running, and the way it is structured is it would, it will handle the regulation.” Congresswoman Russell Fry (SC-07): “The NCAA and conferences have the ability to govern college athletes, but it's been diminished. You can’t create rules. You can’t enforce the rules that you create. [...] Can you explain the SEC’s ability to regulate and govern its member institutions, particularly on matters related to NIL?” Mr. King: “In order to have national competitions, you need to have uniform standards nationally.”