West Virginia legislation · 2025 Regular Session
West Virginia HB2595: Non Profit Athletics Act
Status: Passed both chambers, April 12, 2025
The purpose of this bill is to authorize institutions of higher education to contract with a private corporation to operational, economic, fiscal, and educational development activities and services related to intercollegiate athletics' programs of the state institution of higher education.
What the bill says
An act to amend and reenact §18B-12-2, §18B-12-3, and §18B-12-4 of the Code of West Virginia, 1931, as amended, and to repeal §18B-12-10 of said code, all relating to agreements for institutions of higher education with private corporations established to benefit institutions of higher education; providing legislative findings and purposes; authorizing institutions of higher education to contract with one or more private corporations authorized to conduct operational, economic, fiscal, and educational development activities and services related to intercollegiate athletics; limiting the voting.
From the enrolled text, April 10, 2025:
AN ACT to amend and reenact §18B-12-2, §18B-12-3, and §18B-12-4 of the Code of West Virginia, 1931, as amended, and to repeal §18B-12-10 of said code, all relating to agreements for institutions of higher education with private corporations established to benefit institutions of higher education; providing legislative findings and purposes; authorizing institutions of higher education to contract with one or more private corporations authorized to conduct operational, economic, fiscal, and educational development activities and services related to intercollegiate athletics; limiting the voting corporate directors of private corporations who have entered into agreements to conduct operational, economic, fiscal, and educational development activities and services related to intercollegiate athletics on behalf of an institution of higher education; authorizing institutions of higher education to transfer real and personal property to qualifying private corporations; clarifying that the activities of private corporations who have entered into agreements to conduct operational, economic, fiscal, and educational development activities and services related to intercollegiate athletics are exempt from state requirements and procedures; authorizing private corporations who have entered into agreements to conduct operational, economic, fiscal, and educational development activities and services related to intercollegiate athletics to undertake activities authorized by the West Virginia Nonprofit Corporation Act. ARTICLE 12. RESEARCH AND DEVELOPMENT AND ATHLETICS AGREEMENTS FOR STATE INSTITUTIONS OF HIGHER EDUCATION. §18B-12-2. Legislative findings and purpose. (a) The Legislature …