STAND.
COM. REP. NO. 638
Honolulu, Hawaii
, 2019
RE: H.B. No. 66
H.D. 1
Honorable Scott K. Saiki
Speaker, House of Representatives
Thirtieth State Legislature
Regular Session of 2019
State of Hawaii
Sir:
Your Committee on Consumer Protection & Commerce, to which was referred H.B. No. 66, H.D. 1, entitled:
"A BILL FOR AN ACT RELATING TO ATHLETE AGENTS,"
begs leave to report as follows:
The purpose of this measure is to adopt the Revised Uniform Athlete Agents Act, which:
(1) Expands the definition of "athlete agent" to include individuals who, for compensation, serve a student athlete as a financial advisor or business manager;
(2) Requires reciprocity for athlete agents who are registered in more than one state;
(3) Strengthens requirements for athlete agent contracts;
(4) Provides civil penalties to athlete agents who fail to notify a student athlete's educational institution before contacting the student athlete;
(5) Requires an athlete agent who has a preexisting relationship with a student athlete who receives an athletic scholarship from the institution to notify the institution if the agent recruits or solicits the student athlete to enter into an agency contract;
(6) Adds criminal penalties for athlete agents who encourage another individual to take actions on behalf of the agent which the agent is prohibited from taking; and
(7) Gives student athletes a right of action against an athlete agent who violates the provisions of this measure.
As affirmed by the record of votes of the members of your Committee on Consumer Protection & Commerce that is attached to this report, your Committee is in accord with the intent and purpose of H.B. No. 66, H.D. 1, and recommends that it be referred to your Committee on Finance.
Respectfully submitted on behalf of the members of the Committee on Consumer Protection & Commerce,
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____________________________ ROY M. TAKUMI, Chair |
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