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Committee releases bill to repeal New Jersey Fair Play Act, allow institutions to participate in NIL deals with protections for student‑athletes
Summary
The Assembly Higher Education Committee released Assembly Bill 5729 (and Senate Bill 4439), repealing the New Jersey Fair Play Act and enabling institutions to engage in name, image and likeness activities with student‑athletes while adding fiduciary and financial‑literacy protections; the measure drew two committee no votes.
The Assembly Higher Education Committee voted to release Assembly Bill 5729 and its identical Senate counterpart S4439, a bill that would repeal the New Jersey Fair Play Act and permit institutions of higher education to engage in name, image and likeness (NIL) compensation arrangements with student athletes while adding specified protections.
Jean Lepore of Rutgers University testified in support and described the bill as time‑sensitive given recent legal developments. “The Fair Play…
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