To designate certain conduct by sports agents relating to the signing of contracts with student athletes as unfair and deceptive acts or practices to be regulated by the Federal Trade Commission.
(This measure has not been amended since it was passed by the House on June 4, 2003. The summary of that version is repeated here.)
Sports Agent Responsibility and Trust Act - Prohibits an athlete agent from: (1) recruiting or soliciting a student athlete to enter into an agency contract by giving false or misleading information, making a false promise or representation, or providing anything of value to the athlete or anyone associated with the athlete before entering into such contract; (2) entering into an agency contract with a student athlete without providing the required disclosure document; or (3) predating or postdating an agency contract.
Requires an athlete agent, in conjunction with entering into an agency contract, to provide to the athlete (or, if the student athlete is under age 18, to such athlete's parent or legal guardian) a separate disclosure document that includes notice that if the athlete agrees orally or in writing to be represented by an agent, he or she may lose eligibility to compete as a student athlete. Requires both the student athlete and the agent, within 72 hours or before the athlete's next athletic event, whichever occurs first, to notify the athletic director of the athlete's educational institution that the athlete has entered into an agency contract.
Treats a violation of this Act as an unfair or deceptive act or practice under the Federal Trade Commission Act. Authorizes civil actions by State attorneys general. Grants educational institutions the right to bring a civil action against an athlete agent for damages caused by a violation of this Act.
Expresses the sense of Congress that States should enact the Uniform Athlete Agents Act of 2000 drafted by the National Conference of Commissioners on Uniform State Laws.
Read twice and referred to the Committee on Commerce, Science, and Transportation. (text of measure as introduced: CR S7245-7246)
Reported (Amended) by the Committee on Judiciary. H. Rept. 108-24, Part II.
Placed on the Union Calendar, Calendar No. 66.
Mr. Stearns moved to suspend the rules and pass the bill, as amended.
Considered under suspension of the rules. (consideration: CR H4895-4899)
DEBATE - The House proceeded with forty minutes of debate on H.R. 361.
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.(text: CR H4895-4896)
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H4895-4896)
Motion to reconsider laid on the table Agreed to without objection.
Received in the Senate and Read twice and referred to the Committee on Commerce, Science, and Transportation.
Senate Committee on Commerce, Science, and Transportation discharged by Unanimous Consent.(consideration: CR S9044)
Senate Committee on Commerce, Science, and Transportation discharged by Unanimous Consent. (consideration: CR S9044)
Enacted as Public Law 108-304
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Passed/agreed to in Senate: Passed Senate without amendment by Unanimous Consent.
Passed Senate without amendment by Unanimous Consent.
Message on Senate action sent to the House.
Presented to President.
Presented to President.
Signed by President.
Signed by President.
Became Public Law No: 108-304.
Became Public Law No: 108-304.