,i  #aac? ,,congress  #b;d ,session  ,h4
 ,r4 #eajj  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,july #ad1 #bjad ,mr4 
,price ( ,nor? ,c>ol9a 7= himself & ,mr4
 ,petri7 introduc$ ! foll[+ bill2 :i* 0 
ref]r$ to ! ,committee on ,education & !
 ,work=ce  ,a ,,bill  ,to am5d ! ,high] 
,education ,act ( #aife to require      
in/itutions ( high] education to report 
rev5ue g5]at$ by ea* sports team1 & =   
o!r purposes4  #a4 ,%ort title ,?is ,act
 may be cit$ z ! ,/&>dization (         
,collegiate ,ov]sight ( ,rev5ues &      
,exp5ditures ,act or ,,score ,act4  #b4 
,report+ by in/itutions ( high]         
education on a?letic rev5ue & exp5ses   
,section #dhe7;g7 ( ! ,high] ,education 
,act ( #aife 7#bj ,u4,s4,c4 #ajib7;g77  
is am5d$--  7#a7 9 p>agraph 7#a71 by    
add+ at ! end ! foll[+3  7,k7 ,! am\nt (
 rev5ue g5]at$ by ea* ( ! foll[+        
categories1 disaggregat$ by ea* sports  
team1 if applicable3  7i7 ,ticket sales4
  7ii7 ,/ud5t fees4  7iii7 ,di/ributions
 f any o!r int]collegiate a?letic       

association1 conf]5ce1 or t\rnam5t4     
7iv7 ,appe>ance gu>antees & options4    
7v7 ,contributions f alumni & o!rs4     
7vi7 ,comp5sation & b5efits provid$ by  
?ird-p>ty support4  7vii7 ,concessions1 
programs1 novelties1 & p>k+4  7viii7    
,broadca/ & m$ia rights1 report$        
sep>ately = television1 radio1 int]net1 
& pr9t4  7ix7 ,royalties1 adv]tis+1 &   
sponsor%ip4  7x7 ,sports camps4  7xi7   
,end[m5t & inve/m5t income1 report$     
sep>ately = ea* s\rce ( su* income4     
7xii7 ,direct in/itutional support4     
7xiii7 ,indirect in/itutional support = 
facilities1 s]vices1 & adm9i/rative     
support4  7xiv7 ,direct gov]nm5t        
support1 report$ sep>ately by ,/ate     
gov]nm5t1 local gov]nm5t1 ,f$]al        
,gov]nm5t4  7,l7 ,! exp5ses attributable
 to ea* ( ! foll[+ categories1          
disaggregat$ by ea* sports team1 z      
applicable3  7i7 ,grants-9-aid4  7ii7   
,gu>antees & options4  7iii7 ,total     
sal>ies & b5efits1 & sal>ies & b5efits  
paid by ! in/itution & by ?ird p>ties1  

respectively1 to head coa*es1 to        
assi/ant coa*es1 & = adm9i/rative       
sal>ies4  7iv7 ,sev]ance pay4  7v7 ,team
 travel4  7vi7 ,recruit+4  7vii7        
,equipm5t1 uni=ms1 & supplies4  7viii7  
,fundrais+4  7ix7 ,m>ket+ & promotion4  
7x7 ,game exp5ses4  7xi7 ,m$ical4  7xii7
 ,memb]%ip dues4  7xiii7 ,sports camps4 
7xiv7 ,_s gr\ps4  7xv7 ,transf]s to !   
in/itution4  7xvi7 ,debt s]vice paym5ts4
  7xvii7 ,a?letic facility ma9t5ance &  
r5tal4  7xviii7 ,indirect facilities &  
adm9i/rative support4  7xix7 ,education 
& g5]al exp5ses ( ! in/itution--  7,i7  
includ+ in/ruction1 rese>*1 public      
s]vice1 academic support1 /ud5t s]vices1
 in/ructional support1 & s*ol>%ips &    
fell[%ips2 &  7,,ii7 :i* d n include    
exp5ses ) respect to auxili>y           
ent]prises1 hospitals1 or indep5d5t     
op]ations4  2  7#b7 9 p>agraph 7#e7--   
7,a7 by /rik+ ! t]m & ins]t+ ! foll[+3  
7,a7 ! t]m  2  7,b7 by /rik+ ! p]iod at 
! end ins]t+ 2 &2 &  7,c7 by add+ at !  
end ! foll[+3  7,b7 ! t]ms li/$ 9 ea* ( 

! categories "u subp>agraphs 7,k7 ?r\gh 
7,l7 ( p>agraph 7#a7 %all be def9$ by ! 
,secret>y by regulation1 develop$ 9     
consultation ) ! ,secret>y ( ! ,treasury
 & ! task =ce describ$ 9 p>agraph       
7#f77;,a71 & su* def9itions %all be     
updat$ 9 accordance ) p>agraph          
7#f77;,b74  2 &  7#c7 by add+ at ! end !
 foll[+3  7#f7 ,task =ce2 def9ition     
updates  7,a7 ,task =ce ,! ,secret>y    
%all appo9t a task =ce ( nonpr(it &     
high] education acc\nt+ exp]ts1         
pr(essionals1 & organizations repres5t+ 
ea* ( ! foll[+3  7i7 ,in/itutions (     
high] education t are memb]s ( division 
,i ( ,national ,collegiate ,a?letic     
,association4  7ii7 ,in/itutions ( high]
 education t are memb]s ( division ,,ii 
( ,national ,collegiate ,a?letic        
,association4  7iii7 ,in/itutions (     
high] education t are memb]s ( division 
,,iii ( ,national ,collegiate ,a?letic  
,association4  7,b7 ,updat+ def9itions  
,! ,secret>y1 on a biannual basis & 9   
consultation ) ! task =ce describ$ 9    

subp>agraph 7,a71 %all review ea*       
def9ition "u p>agraph 7#e77;,b7 &1 if   
necess>y1 update su* def9ition 9        
accordance ) g5]ally accept$ acc\nt+    
pr9ciples or significant *anges 9 !     
national sy/em ( int]collegiate         
a?letics4  7#g7 ,special rule ,an       
in/itution ( high] education t submits !
 in=mation describ$ 9 subp>agraphs 7,k7 
?r\gh 7,l7 ( p>agraph 7#a7 to an        
int]collegiate a?letic association = an 
academic ye>1 & su* in=mation is v]ifi$ 
by an indep5d5t audit & c]tifi$ by      
*ancellor ( ! in/itution1 may1 9 lieu ( 
submitt+ su* in=mation "u p>agraph 7#a71
 reque/ su* association to directly     
submit su* in=mation to ! ,secret>y on  
behalf ( ! in/itution = su* academic    
ye>4  4  #c4 ,program requirem5ts       
,section #dhg7;a7 ( ! ,high] ,education 
,act ( #aife 7#bj ,u4,s4,c4 #ajid7;a77  
is am5d$ by add+ at ! end ! foll[+3     
7#cj7  7,a7 ,an in/itution w n be a     
memb] ( any int]collegiate a?letic      
association or p>ticipate 9 any national

 int]collegiate a?letics competition    
organiz$ by any p]son1 unless su*       
association or p]son reports1 on an     
annual basis1 to ! ,secret>y ! foll[+1  
disaggregat$ by sport1 a?letic ev5t1 or 
contract1 z applicable3  7i7 ,total     
g5]at$ rev5ue & am\nt ( rev5ue g5]at$ by
 ea* ( ! foll[+ categories3  7,i7 ,total
 ticket sales4  7,,ii7 ,di/ributions f  
o!r int]collegiate a?letic organization 
or p]son4  7,,iii7 ,ca% contributions4  
7,,iv7 ,dues & o!r assessm5ts f memb]   
in/itutions ( high] education4  7,v7    
,?ird-p>ty support4  7,,vi7 ,m]*&ise4   
7,,vii7 ,concessions1 programs1 &       
novelties4  7,,viii7 ,broadca/ & m$ia   
rights1 report$ sep>ately = television1 
radio1 int]net1 & pr9t4  7,,ix7 ,end[m5t
 & inve/m5t income1 report$ sep>ately = 
ea* s\rce ( su* income4  7,x7 ,o!r      
corporate sponsor%ip4  7,,xi7           
,royalties1 adv]tis+1 & sponsor%ip4     
7,,xii7 ,net assets4  7,,xiii7 ,direct  
gov]nm5t support1 report$ sep>ately by  
,/ate gov]nm5t1 local gov]nm5t1 or      

,f$]al ,gov]nm5t4  7,,xiv7 ,any o!r     
category det]m9$ appropriate by !       
,secret>y4  7ii7 ,am\nt ( exp5ses       
attributable to ea* ( ! foll[+          
categories3  7,i7 ,disbursem5ts to      
in/itutions ( high] educations1 a?letic 
conf]5ces1 or o!r p]sons4  7,,ii7       
,sal>ies & b5efits4  7,,iii7 ,sev]ance  
pay4  7,,iv7 ,equipm5t1 uni=ms1 &       
supplies4  7,v7 ,fundrais+4  7,,vi7     
,m>ket+ & promotion4  7,,vii7 ,game     
exp5ses4  7,,viii7 ,m$ical4  7,,ix7     
,facility con/ruction4  7,x7 ,facility  
ma9t5ance & r5tal4  7,,xi7 ,capital     
inve/m5t4  7,,xii7 ,debt s]vice paym5ts4
  7,,xiii7 ,*>itable donations4  7,,xiv7
 ,any o!r category det]m9$ appropriate  
by ! ,secret>y4  7iii7 ,executive       
comp5sation s*$ules4  7,b7 ,! ,secret>y 
%all--  7i7 def9e by regulation1        
develop$ 9 consultation ) ! ,secret>y ( 
! ,treasury & ! task =ce describ$ 9     
section #dhe7;g77#f77;,a71 ! t]ms li/$ 9
 ea* ( ! categories "u subp>agraphs     
7,a72 &  7ii7 on a biannual basis & 9   

consultation ) su* task =ce1 review ea* 
def9ition "u clause 7i7 &1 if necess>y1 
update su* def9ition 9 accordance )     
g5]ally accept$ acc\nt+ pr9ciples or    
significant *anges 9 ! national sy/em ( 
int]collegiate a?letics4  4