SB 502
Women’s Collegiate Sports Protection Act
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Sign in to take action- Introduced
- Passed Senate
- Passed House of Delegates
- To Governor
- Became Law
Bill overview
Senate Bill 502, the Women’s Collegiate Sports Protection Act, aims to safeguard women’s Olympic sports programs at West Virginia’s public colleges and universities. The bill establishes permanent endowment funds to provide financial stability, incentivizes efficiency improvements through matching funds and tax credits, and ensures compliance with Title IX regulations. It seeks to protect these programs from budget volatility and potential elimination.
Key provisions
- Creates a ‘Women’s Collegiate Sports Protection Act’ and defines key terms like ‘Women’s athletics endowment’ and ‘Verified cost savings’.
- Allows eligible institutions to establish women’s athletics endowments and potentially a statewide endowment trust.
- Provides for state matching contributions to endowments based on verified institutional cost savings.
- Offers tax credits to private donors contributing to women’s athletics endowments.
- Requires participating institutions to report annually on program finances and Title IX compliance.
- Establishes a commission to oversee the endowments and ensure compliance.
- Specifies allowable uses of endowment earnings, primarily for scholarships and athletic program expenses.
- Grants the commission rulemaking authority to implement the act’s provisions.
Who is affected
- Public institutions of higher education in West Virginia
- Students participating in women’s collegiate Olympic sports programs
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