Blake Moore (R-UT)

No Foreign NIL Funds Act

H.R. 7403 · House bill Sports and Recreation

A Republican bill with 1 Democratic cosponsor · See all 2 cosponsors

Last activity — Referred to the Committee on Education and Workforce, and in addition to the Committee on Foreign Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

In committee

Introduced and handed to a committee in the chamber it started in.

The committee holds it, and most bills are never heard from again. A hearing or a committee vote would be news; silence is the usual outcome, and it kills the bill without anyone voting against it.

Its path through Congress

  1. Introduced
  2. In Committee

What this bill would do

The "No Foreign NIL Funds Act" aims to prevent foreign investment in collegiate athletics. It prohibits any national or entity of a foreign country from providing benefits or contributions related to name, image, and likeness (NIL) agreements. The bill also bans institutions of higher education, athletic conferences, and media rights distributors from entering into contracts or partnerships involving financing, ownership, or material participation by a foreign country. To ensure compliance, the Act requires documentation of solicitation attempts and annual disclosures of financial considerations from foreign entities. Institutions found in violation may lose eligibility for certain federal programs. Additionally, the bill establishes penalties for covered entities and those engaging in prohibited state-controlled investments.

Yes

  • Scored +3

    Does this make what the government does easier for the public to see?

    The bill mandates documentation of foreign solicitation attempts to the Attorney General and Secretary of Education.

  • Scored +2

    Does this strengthen ties with allied countries?

    The bill prioritizes financial ties with NATO allies, Australia, New Zealand, and Ireland.

  • Scored +1

    Does this give people more protection from unfair business practices?

    The bill increases transparency by requiring entities to disclose foreign financial considerations.

The opposite· 3 of 4

  • Scored -4

    Would people in their twenties and thirties be better off under this?

    Student-athletes face a one-year participation ban for violating these new foreign investment rules.

  • Scored -3

    Would students be better off under this?

    Student-athletes risk being barred from competition for one year if they violate the foreign investment prohibitions.

  • Scored -2

    Would business owners be better off under this?

    The bill prohibits certain foreign investments and partnerships that could affect media rights and sponsorships.