SB2606 • 2026

Financial literacy and NIL education; require for certain student-athletes.

AN ACT TO DEFINE "NAME, IMAGE AND LIKENESS ACTIVITY"; REQUIRE STATE INSTITUTIONS OF HIGHER LEARNING TO PROVIDE MANDATORY FINANCIAL LITERACY WORKSHOPS FOR STUDENT-ATHLETES ENGAGED IN NAME, IMAGE AND LIKENESS ACTIVITIES; TO ALLOW ALL STUDENT-ATHLETES TO PARTICIPATE IN SUCH WORKSHOPS; TO PRESCRIBE MINIMUM REQUIREMENTS FOR SUCH WORKSHOPS; TO ALLOW STATE INSTITUTIONS OF HIGHER LEARNING TO CONTRACT WITH CERTAIN ORGANIZATIONS TO PRODUCE SUCH WORKSHOPS; AND FOR RELATED PURPOSES.

Education Taxes

Did Not Pass

The latest official action shows that this bill did not move forward in that session.

Sponsor: Blackmon
Last action: 2026-02-03
Official status: Dead
Effective date: July 1, 20

Plain English Breakdown

Checked against official source text during the last sync.

Financial Literacy for Student-Athletes

This bill requires state institutions of higher learning to provide mandatory financial literacy workshops for student-athletes engaged in name, image, and likeness activities.

What This Bill Does

Defines 'name, image, and likeness activity' as any publicity rights-related actions by students.
Requires state institutions of higher learning to offer annual financial literacy workshops for student-athletes involved in such activities.
Allows all student-athletes to attend these workshops even if they are not currently using their name, image, or likeness commercially.
Specifies that the workshops must cover topics like contracts, taxes on earnings from name, image, and likeness activities, budgeting, credit management, investments, and avoiding unfair financial deals.

Who It Names or Affects

Student-athletes who use their name, image, or likeness for commercial purposes.
All student-athletes at state colleges, whether they participate in name, image, and likeness activities or not.
State institutions of higher learning that must provide these workshops.

Terms To Know

Name, Image, and Likeness Activity: Any activity where a student-athlete uses their identity for commercial purposes, such as endorsements or sponsorships.

Limits and Unknowns

The bill did not pass in the session it was introduced.
It is unclear how many colleges will choose to contract with outside organizations to provide these workshops.

Bill History

2026-02-03 Mississippi Legislative Bill Status System
02/03 (S) Died In Committee
2026-01-19 Mississippi Legislative Bill Status System
01/19 (S) Referred To Universities and Colleges

Official Summary Text

Financial literacy and NIL education; require for certain student-athletes.

Current Bill Text

Read the full stored bill text

S. B. No. 2606 *SS08/R360.1* ~ OFFICIAL ~ G1/2
26/SS08/R360.1
PAGE 1 (aa\kr)

To: Universities and
Colleges
MISSISSIPPI LEGISLATURE REGULAR SESSION 2026

By: Senator(s) Blackmon

SENATE BILL NO. 2606

AN ACT TO DEFINE "NAME, IMAGE AND LIKENESS ACTIVITY"; REQUIRE 1
STATE INSTITUTIONS OF HIGHER LEARNING TO PROVIDE MANDATORY 2
FINANCIAL LITERACY WORKSHOPS FOR STUDENT-ATHLETES ENGAGED IN NAME, 3
IMAGE AND LIKENESS ACTIVITIES; TO ALLOW ALL STUDENT-ATHLETES TO 4
PARTICIPATE IN SUCH WORKSHOPS; TO PRESCRIBE MINIMUM REQUIREMENTS 5
FOR SUCH WORKSHOPS; TO ALLOW STATE INSTITUTIONS OF HIGHER LEARNING 6
TO CONTRACT WITH CERTAIN ORGANIZATIONS TO PRODUCE SUCH WORKSHOPS; 7
AND FOR RELATED PURPOSES. 8
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MISSISSIPPI: 9
SECTION 1. (1) For the purposes of this section, "name, 10
image and likeness activity" means any activity associated with 11
publicity rights as defined in Section 37-97-103. 12
(2) State Institutions of Higher Learning shall provide 13
mandatory annual financial literacy workshops for student-athletes 14
engaged in name, image and likeness activities. Such workshops 15
shall also be made available, but not mandated, for student-16
athletes not engaged in name, image and likeness activities. At 17
minimum, each annual workshop must include information concerning 18
contracts, taxation of name, image and likeness income, budgeting, 19
credit management, investments and avoidance of predatory 20
financial or legal arrangements. 21
S. B. No. 2606 *SS08/R360.1* ~ OFFICIAL ~
26/SS08/R360.1
PAGE 2 (aa\kr)
ST: Financial literacy and NIL education;
require for certain student-athletes.
(3) Institutions may contract with the Mississippi 22
Department of Education, the Mississippi Department of Banking and 23
Consumer Finance or other qualified organizations to conduct the 24
workshops as required by this section. 25
SECTION 2. This act shall take effect and be in force from 26
and after July 1, 2026. 27