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H.R. 8534, Protecting Student Athletes' Economic Freedom Act (CBO Report for Congress)

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Congress 118th
Date Requested June 13, 2024
Requested By House Committee on Education and the Workforce
Date Sent June 18, 2024
Description:
H.R. 8534 would prohibit student athletes from being considered an employee of an institution based on the athletes’ participation in a varsity intercollegiate athletic program or competition. Based on the costs of similar activities, CBO estimates that implementing the bill would cost the Department of Education less than $500,000 over the 2024-2029 period. Any related spending would be subject to the availability of appropriated funds.

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