Sec. 10. Reporting and accountability
193 words·~1 min read·
/bill/116/s/5062/is/section-10A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Not later than 60 days after the date on which an academic year ends, each institution of higher education with 1 or more athletic programs shall submit to the Commission a report that includes, for the academic year, the following: The revenues and expenditures of each athletic program, including booster donations and compensation for athletic program personnel, disclosed under section 5(c)(1). The average number of hours college athletes enrolled at the institution of higher education spent on athletic activities, including mandatory and voluntary team activities, and team travel, disaggregated by athletic program.
The academic outcomes for college athletes enrolled at the institution of higher education, disaggregated by athletic program, race and ethnicity, and gender. An institution of higher education that fails to timely submit a report under paragraph (1), or intentionally submits an inaccurate report, as determined by the Commission, shall be assessed a civil penalty that is the greater of— the amount equal to 15 percent of the total athletic revenue generated by the institution of higher education; or $200,000.
The Commission shall maintain a publicly accessible, searchable database that contains the information provided in each annual report submitted under subsection (a)(1).