HB 1305 Oklahoma House · 2025 Regular Session

Student athletes; name, image, and likeness; financial literacy; emergency.

HB 1305 requires Oklahoma colleges and universities to implement financial literacy education for student athletes engaging in name, image, and likeness (NIL) activities. It mandates either five hours of workshops or a credit-bearing course covering budgeting, taxes, contracts, and debt management - excluding promotional content - within the first two semesters of NIL participation. The bill also restricts student athletes from signing NIL deals that conflict with school policies, harm institutional reputation, or extend beyond their athletic eligibility period. Additionally, institutions must provide free contract review and financial support services through third parties or staff, prohibiting fees or sales pitches for financial products.

Issues: ✓ Education

Bill status in committee 1 of 4 stages cleared

Introduction

Feb 2025

Committee Review

Floor Vote

Governor

Introduced Feb 3, 2025 Last action Feb 12, 2025

Maddy AI version diff · 1 comparison

What changed between versions

Introduced → Proposed Policy Committee Substitute 1 · 4 edits

MODERATE

The bill was amended from its original introduced version to a proposed policy committee substitute version. The primary substantive change is that the requirement for student athletes to complete financial literacy education was modified from a minimum of three workshops per year to a minimum of five hours of financial education workshops throughout each year. The content requirements for the workshops remain largely the same, focusing on budgeting, taxes, contracts, credit, debt management, savings, investments, and entrepreneurship while prohibiting promotional content. The amendment also updated page reference numbers and formatting throughout the document.

Scope change

The scope of the bill remains focused on student athletes and postsecondary institutions, with no change to the underlying statute being amended (70 O.S. 2021, Section 820.25).

REQUIREMENT

Changed the financial literacy requirement from 'no less than three financial literacy workshops per year' to 'financial literacy workshops throughout each year' with a minimum of five hours of education.

Updated the specific line numbers and page references throughout the document to reflect the committee substitute version.

TECHNICAL

Added committee amendment header information and moved the bill title from 'AS INTRODUCED' to 'PROPOSED POLICY COMMITTEE SUBSTITUTE'.

Updated the required number reference from 10344 to 12278.

Floor votes

How they voted

No floor votes recorded yet.

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Feb 12, 2025

Lower · Passed

Policy recommendation to the Education Oversight committee; Do Pass, amended by committee substitute Postsecondary Education

lower

Feb 4, 2025

Committee

Referred to Postsecondary Education

lower

Feb 3, 2025

Introduced

First Reading

lower

2 primary · 0 co-sponsors