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s_blt_2016a_2016-02-22t14:01:23z0 Hearing Summary

Date: 02/22/2016



Final

BILL SUMMARY for SB16-071



SENATE COMMITTEE ON BUSINESS, LABOR, & TECHNOLOGY


Votes: View--> Action Taken:
Postpone Senate Bill 16-071 indefinitely. The moti PASS







02:01 PM -- SB16-071



Senator Todd introduced Senate Bill 16-071, concerning a revised Uniform Athlete Agents Act. This bill repeals and reenacts, with amendments, the Uniform Athlete Agents Act. The bill requires athlete agents to register with the Secretary of State every two years. An athlete agent is a person who contracts with student athletes to represent them for purposes of securing a professional sports services contract or endorsement contract or who advises the athlete in financial, business, or career management issues or manages those issues on the athlete's behalf.



The bill establishes requirements for registration and renewal of registration for athlete agents, specifies circumstances in which an application or renewal may be declined, and identifies cases in which a registration may be suspended or revoked. The bill also lists requirements for contracts between athletes and agents, and specifies prohibited conduct by an agent and the criminal penalties and civil remedies for a violation.





02:06 PM --
Dale Higer, Uniform State Law Commission, spoke in support of the bill. He responded to questions from the committee.



02:18 PM --
Brian Tobias, Department of Regulatory Agencies, spoke in opposition to the bill. He responded to questions from the committee.



02:28 PM



Committee discussion ensued with Senator Todd.



02:35 PM



The committee recessed.



02:41 PM



The committee came back to order. The sponsor requested that the committee postpone the bill indefinitely.


BILL: SB16-071
TIME: 02:42:16 PM
MOVED: Woods
MOTION: Postpone Senate Bill 16-071 indefinitely. The motion passed on a vote of 8-0.
SECONDED:
VOTE
Baumgardner
Yes
Heath
Yes
Hodge
Yes
Jahn
Yes
Neville T.
Yes
Newell
Excused
Tate
Yes
Woods
Yes
Holbert
Yes
Final YES: 8 NO: 0 EXC: 1 ABS: 0 FINAL ACTION: PASS












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