The bill is scheduled to be introduced this week in the U.S. Senate by Senator Jerry Moran (R-Kan.)
Sports Illustrated obtained a copy of the legislation.
Under the bill, athletes can sign endorsement deals as long as the agreements do not violate a school’s code of conduct, and recruits can sign the same deals as long as they are not considered recruiting inducements.
The bill would also grant athletes the ability to transfer schools at least one time without penalty.
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