Higher Education and Private Equity Amendments

Summary

The bill bars Utah colleges and universities from signing, renewing, or materially changing contracts with private capital firms that give the firms ownership, revenue‑sharing, or control over intercollegiate athletics programs unless the Legislature approves the agreement. It also adds reporting duties to the state auditor and lets the Utah Board of Higher Education set implementing rules. The goal is to keep private investors from influencing college sports and to increase transparency.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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