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Longhorns Daily News: Texas lawmakers approve new state NIL bill

Related Topics: Texas, New York Daily News

Both chambers of the Texas Legislature have approved a sweeping new name, image and likeness bill. It now awaits Governor Greg Abbott’s signature. It would go into law on July 1.

Here’s On3’s analysis of the bill: “The new Texas legislation includes a number of provisions that are school and student-athlete friendly. But the most notable change appears to provide cover for state schools from being punished by the NCAA for any NIL-related violations, including any committed by collectives that have been set up to support student-athletes through deal facilitation.”

That includes the Texas Longhorns’ Texas One Fund.