HR7403-119

In Committee

No Foreign NIL Funds Act

119th Congress Introduced Feb 5, 2026

Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.

Summary

What This Bill Does

This bill, No Foreign NIL Funds Act, changes federal law or congressional policy affecting schools, students, and education providers. The main policy domain is Education, Finance, Government Operations.

Who Benefits and How

schools, students, and education providers may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.

Who Bears the Burden and How

federal implementing agencies, schools, students, and education providers may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.

Key Provisions

  • Section H13A77335459A4954A5A20259F038401B: 1. Short title This Act may be cited as the No Foreign NIL Funds Act.
  • Section HBD4C078B01244C598DD66C50B0EF9349: 2. Foreign investment in NIL agreements Any national or entity of a foreign country may not provide, regardless of value, a covered entity with a benefit or a...
  • Section HE8172624C3A848AF9D7CCC8691EF850C: 3. Prohibition on Certain State-Controlled Investments in Collegiate Athletics Revenue Streams No institution of higher education, athletic conference, media...
  • Section H1B90225FD66C44709EA06E491677D939: 4. Definitions In this Act: The term athletic conference means any organization that is not an athletic association and that— has 2 or more institutions of...

Evidence Chain:

This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.

At a Glance

What This Bill Does

This bill, No Foreign NIL Funds Act, changes federal law or congressional policy affecting schools, students, and education providers.

Key Policy Areas

Education, Finance, Government Operations

Primary Purpose

This bill, No Foreign NIL Funds Act, changes federal law or congressional policy affecting schools, students, and education providers.

Policy Domains

Education Finance Government Operations

Whole bill

Identified Gains
  • schools, students, and education providers
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: ih
schools, students, and education providers: ,
Identified Costs
  • federal implementing agencies
  • schools, students, and education providers
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: ih
federal implementing agencies: ,
schools, students, and education providers: ,

Legislative Progress

In Committee
Introduced Committee Passed
Feb 5, 2026

Referred to the Committee on Education and Workforce, and in …

Feb 5, 2026

Introduced in House

Feb 5, 2026

Mr. Moore of Utah (for himself and Mr. Veasey) introduced …

Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →

Bill Structure & Actor Mappings

Who is "The Secretary" in each section?

Domains
Education Finance Government Operations
Actor Mappings
"secretary_of_treasury"
→ Secretary of the Treasury
"secretary_of_education"
→ Secretary of Education

Key Definitions

Terms defined in this bill

1 term
"national of a foreign country" §H1B90225FD66C44709EA06E491677D939

any individual who is a citizen of a foreign country but is not a citizen of or alien lawfully admitted for permanent residence in the United States of America. The term student athlete means an individual who— is enrolled at an institution of higher education

We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.

Learn more about our methodology