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No Foreign NIL Funds Act

In committee: it can still change before the session ends.

US HR 7403 · House Bill · 119th Congress

Stage
In committee
Started in
House
Sponsors
3
Latest action
Feb 5, 2026

What it does

The No Foreign NIL Funds Act would prohibit foreign individuals, entities, or countries (excluding NATO allies, Australia, New Zealand, and Ireland) from providing any compensation—monetary or in-kind—to student athletes or related entities in connection with name, image, and likeness (NIL) agreements. It requires covered entities, such as colleges and athletic organizations, to document solicitation attempts by foreign entities and mandates investigations by the Attorney General and Secretary of Education into potential violations by institutions of higher education. The bill also amends the Higher Education Act to require institutions to certify compliance, enforce penalties for…

No official summary is available here. This one was written by AI from the bill’s text.

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Where it stands

  1. Introduced (Done)

    Feb 5, 2026

  2. Committee (Current step)

    In committee · Feb 5, 2026

  3. Floor (Not started)

  4. Law (Not started)

What moved

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

In the news

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Where it goes next

While a bill can still move, the questions are about people and money.

Work with this bill

No Foreign NIL Funds Act | 52