FRANKFORT, Ky. (WTVQ)- It’s a bill that hasn’t received that much attention during the current session of the General Assembly.
It would would put stricter regulations on sports agents in Kentucky.
It passed in committee Thursday.
Senate Bill 228, among many things, looks to broaden the definition of a sports agent and require agents register with the state, regulations lawmakers say will make it harder for corruption and other questionable things from happening here in Kentucky.
Senator Morgan McGarvey, a Democrat from Louisville and the sponsor of the bill, says while the timing is good this bill has been in the works for years.
“This bill is not a response to the latest headlines involving both the University of Kentucky and the University of Louisville. In fact the process for drafting this bill under the uniform law commissions own guidelines, they studied this beginning in 2012,” said Sen. McGarvey.
In addition to broadening the definition of an agent, the bill would also give student-athletes and colleges the power to sue agents if they are affected by an agent who breaks the rules.
“That cause of action is for actual damages. This is the standard adopted by the state of Alabama and endorsed by Nick Saban himself,” said Sen. McGarvey.
NCAA rules prohibit student-athletes from signing with an agent before their last collegiate game.
Sen. McGarvey says both the University of Kentucky and Louisville are not opposed to this bill.
This bill had bipartisan support in it’s committee meeting.
It now goes to the full Senate for a vote.