DES MOINES, Iowa - Bipartisan legislation introduced in the Iowa legislature on Tuesday would allow college athletes to profit from the commercial use of their names, images and likenesses.
Polk County Democratic Senator Nate Boulton and Polk County Republican Senator Brad Zaun filed the bill that bars universities from preventing student-athletes from gaining financially from their names, images and likenesses.
The bill also allows universities to require money obtained by student-athletes to be placed in a trust that cannot be accessed until the athlete is no longer eligible to compete in college athletics.
It further forbids a college athlete from entering into a apparel, equipment and beverage contract if it requires advertising during team activities.
Similar legislation is now being considered by state legislatures across the country.
California passed a law last September that lets college athletes profit from their names, images, and likenesses.
That bill will go into effect in 2023 in order to allow to allow California’s colleges and universities, and the NCAA ample time to prepare for the sweeping changes.