New YorkSupplied text does not show rules for minor student-athlete contract pay
The supplied pages do not show what minor student-athletes or contract partners would do, receive, or owe under this measure.
What it does
The supplied pages do not include the bill's operative language, so they do not show what the measure would require, allow, or change.
Argument forIf enacted, requiring compensation above $10,000 into a restricted trust could preserve those earnings for the minor’s future benefit.
Argument againstThe requirement may limit a minor’s immediate access to contract earnings above $10,000, because those amounts must remain in a restricted trust.
More detail
No specific action can be identified from the supplied passages. The supplied passages do not define covered people, contracts, or payments. The supplied passages do not state eligibility rules, limits, approvals, or other conditions. The supplied passages do not state when any provision would begin or end.
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Where it stands
- Introduced
- Passed 1st Chamber
- Passed 2nd Chamber
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2026
- Sep 16REFERRED TO HIGHER EDUCATIONIntroduced
EducationEconomy & JobsPublic Safety