A bill to amend the Higher Education Act of 1965 to require institutions of higher education to report revenue generated by each sports team, and for other purposes.
Standardization of Collegiate Oversight of Revenues and Expenditures Act or the SCORE Act
This bill requires institutions of higher education (IHEs) that participate in federal student-aid programs to report on additional information related to intercollegiate athletic programs.
Specifically, the bill requires an IHE that is a member of Division I of the National Collegiate Athletic Association to include in its annual report (1) the amount of sports-related revenue in specified categories (e.g., ticket sales, student fees, and concessions), disaggregated by each sports team; and (2) the sports-related expenses in specified categories (e.g., salaries and benefits, team travel, and recruiting), disaggregated by each sports team.
In addition, the bill requires the Department of Education to appoint a task force to review definitions related to revenue and expenses.
Referred to the House Committee on Education and Labor.
Introduced in Senate
Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
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