Introduced January 28, 2026
SB130
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Create a new section of KRS 164.6941 to 164.6951 to define terms; require an intercollegiate athletics enterprise that provides a cumulative sum of more than $1,000 to coaches and student-athletes to register with the Council on Postsecondary Education; provide for the terms of the license, require the reporting of contracts and amounts of intercollegiate athletics compensation; set the registration fee at 10% of all compensation provided to student-athletes and coaches during the previous year; deposit…
Plain-language summary
This bill would require organizations that pay college athletes and coaches more than $1,000 to register with the state and pay a fee equal to 10% of that compensation. The fees collected would be deposited into a restricted account and distributed to Kentucky colleges and universities to fund scholarship programs for students. It would take effect January 1, 2027. Who it may affect: college student-athletes, college coaches, businesses or organizations that pay athletes and coaches, and students who may benefit from expanded scholarship funding at Kentucky postsecondary institutions.
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Legislative History
Primary Sponsor
Mike Nemes
Senator · Senate District 38
Bill Text Versions
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