Amend CSHB 2804 (house committee printing) as follows:
(1) On page 1, line 7, strike "(l), (m), and (n)" and substitute "(g-2), (l), (m), (n), (o), and (p)".
(2) On page 2, line 14, strike "registration [attendance] at" and substitute "accepting an offer of admission to attend [attendance at]".
(3) On page 3, line 14, between "(g-1)" and "An", insert the following:
The following activities do not constitute compensation provided by an institution to which this section applies under Subsection (g)(2)(B)(ii):
(1) an activity authorized under Subsection (m); or
(2) recognition by an institution to which this section applies of a third-party entity that compensates a student athlete for the use of the student athlete's name, image, or likeness, or the entity's donors, including the institution's provision of priority status or other items of de minimis value equivalent to status or items the institution provides to the institution's donors.
(g-2)
(4) On page 3, line 21, strike "the market average compensation for the use" and substitute "market rates".
(5) On page 4, lines 18-19, strike "or any employee of the institution" and substitute "or third-party entity acting on the institution's behalf, or employee of the institution or third-party entity".
(6) On page 4, line 20, strike "identify" and substitute "identify, create, facilitate,".
(7) On page 5, line 8, between "(n)" and "This", insert the following:
A charitable organization exempt from taxation under Section 501(a), Internal Revenue Code of 1986, as an organization described by Section 501(c)(3) of that code, may compensate a student athlete for the use of the student athlete's name, image, or likeness.
(o) An activity of a third-party entity that compensates a student athlete for the use of the student athlete's name, image, or likeness may not be construed as an act on behalf of an institution to which this section applies, provided that:
(1) the entity is a separate legal entity from the institution; and
(2) the institution does not own or control the entity.
(p)