Do their fans cheer? “tidal,” “Warhawks,” “Go Dawgs” and even “Texas, Fight!”, lawmakers across the South are working to create legislation to exempt student-athletes from name images (NIL) revenue.
Supporters say the move will improve the recruiting capacity of their schools, thereby bringing the financial growth needed for academics — and will not escalate the competitive environment for colleges in states that generally do not have income taxes.
In Alabama, a state legislator representing Auburn told Fox News Numbers that he introduced legislation that would exempt any zero income tax.
Republican state Rep. Joe Lovvorn said Georgia has similar legislation and it is important for him to make Alabama hopeful to do the same.
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Auburn coach Tommy Tuberville in the 2004 game against Tennessee. (SI via Getty)
“Until there is a level of unity overall, states will need to do their best to ensure their universities and universities are capable of success,” Love Vaughan said. “I hope this situation reminds Congress and the NCAA, i.e. The national standards needed to manage the zero-sum transfer portal earlier rather than later.”
The entire Georgia lawmakers in the Chattahoochee River are continuing to enforce legislation, with one of the prominent Dawgs-Fan congressmen saying he is happy to see the state compete on Saturday The opponent follows.
State Senator Brandon Beach of R-Alpharetta quipped that college football is the “religion” of the Southeast, especially in SEC schools.
“In terms of athlete salaries, the elves have been taken out of the bottle…we just need to make sure we have some guardrails or something and so on to make sure it’s not wild, wild west. It’s going on now.
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uga X, Georgia mascot. (Getty)
Another consideration in Atlanta is that other SEC schools are located in states without income taxes, including Tennessee and Texas A&M.
“I’m not saying that’s why they’re going into the college playoffs, but they’re able to attract five-star athletes and be competitive and put good products on the court – what I want to do is, give you a good product to offer.”
Beach says that recently, too many star athletes are moving schools to compare this dynamic with past dynamics because players are related to the lifespan of the school because of their longevity with the program.
In this regard, he cites Eli Manning and Ole Miss, Peyton Manning and Tennessee, as well as Matthew Stafford and Georgia.
Instead, he cited reports that tax factors were transferred to college quarterback Carson Beck From the Bulldog Hurricane to the University of Miami.
“You will pay zero income tax in Florida [NIL] income. In Georgia, you pay 5.3% – $230,000. ”
Meanwhile, a source familiar with the negotiations on the National Bill Zero said there was some hesitation to move on until Congress weighed in – hoping to provide standardized tax breaks across the board for zero income.
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Alabama Crimson Tides head coach Kalen Deboer. (Jr.-Imagn image)
Lovvorn’s famous make-up spent years at the Tigers’ front desk, saying federal lawmakers are indeed seeking clarity and consistency to raise state officials’ demands.
Senator Tommy Tuberville (R-Ala). He won 80 wins in his decade as Auburn coach, and he quipped that the idea of change made him want to go back and pass the college system again as a player.
“A lot of kids make a lot of money,” Tuberville said, adding that Texas’s Senate Commerce Committee chairman Ted Cruz has been trying to “make all 50 states” even though he doesn’t want to interfere with state lawmakers. same.”
Tuberville said one state has no advantage over another and if you don’t take action, “you’re going to lose a lot of sports, which is unfortunate.”
He pointed out the importance of college sports in training American Olympians and suggested that the issue needs clear legislation before participating in Los Angeles within a few years.
