Reference is to Printer's Date 3/31/11-S.
Amend the bill, as and if amended, by striking Section 59-102-175 as contained in SECTION 1 and inserting:
/Section 59-102-175. (A)
Within thirty days after the occurrence
of any of the following events, an educational institution must
file a report with the department:
(1) receipt of a notice of a contract received by the educational institution pursuant to this chapter; and
(2) an athlete agent registering with the educational institution or otherwise receiving approval from the institution to contact a student athlete.
(B) An educational institution must report to the department any known instances of student athletes receiving anything of value directly or indirectly from an athlete agent within fourteen days after making a determination the incident occurred. The report required by this subsection may be delayed if it would impede a National Collegiate Athletic Association investigation. In this instance, the report must be made within fourteen days after the association or educational institution determines that it no longer compromises an investigation.
(C) the educational institution must make reports pursuant to subsections (A) and (B) in a manner prescribed by the department. All information reported is public record pursuant to Chapter 4, Title 30, unless otherwise prohibited by state or federal law, including the Family Educational Rights and Privacy Act.
(D) The department may assess a late penalty of twenty dollars per day each day the report is past due.
(E) Damages provided by Section 59-102-150 and Section 59-102-170 do not apply to this section. /
Renumber sections to conform.
Amend title to conform.