Summary of the Introduced Bill

HB 1424 -- Athlete Agents

Sponsor:  Stefanick

This bill requires all athlete agents operating in this state to
be registered and certified by the Division of Professional
Registration.  Fees for registration and renewal will be set by
the division and deposited into the Athlete Agent Fund, which is
created by the bill.  Registration and certification are valid
for a two-year period and may be renewed indefinitely.  The
division director may refuse to issue a certificate or may
suspend or revoke a certificate because of the following
circumstances:

(1)  The applicant has been convicted of a crime of moral
turpitude;

(2)  The applicant made false statements on the application;

(3)  The applicant has had a similar license suspended or revoked
in another state; or

(4)  The applicant has caused a student-athlete to be suspended
from or to be ineligible for any interscholastic or
intercollegiate athletic event.

The bill requires all contracts between agents and athletes to be
written and contain certain information, including the basis for
the agent's fee and a notice warning the student-athlete about
the possible loss of eligibility.

Copyright (c) Missouri House of Representatives

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Missouri House of Representatives
92nd General Assembly, 2nd Regular Session
Last Updated September 23, 2004 at 11:15 am