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2011 SESSION

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11102911D
HOUSE BILL NO. 2346 Offered January 12, 2011 Prefiled January 12, 2011 A BILL to amend and reenact § 23-1.1 of the Code of Virginia, relating to compensation of athletic coaches at public institutions of higher education. ---------- Patron-- Morrissey ---------- Referred to Committee on Education ----------

Be it enacted by the General Assembly of Virginia:

1.  That § 23-1.1 of the Code of Virginia is amended and reenacted as follows:

§ 23-1.1. Report of athletic receipts and disbursements; compensation of athletic coaches.

A. It shall be the duty of the president or chairman of the board of visitors or trustees of every state public institution of higher learning which  education that maintains an intercollegiate athletic program to cause to be made out by the proper officer of such institution, and forwarded to the Comptroller annually by December thirty-first 31 a detailed statement of all athletic receipts and disbursements of such institution and of any affiliated committee, group, corporation or association charged with administering the athletic program. Such report shall include all receipts from admission tickets, programs, refreshment concessions, radio, television, newsreel or movie rights, and all other receipts related to any athletic contest or event. The report of disbursements shall include the name of each person, firm or corporation to whom such disbursement was made and the amount thereof. The report shall be kept on file by the Comptroller and shall be open to public inspection at all reasonable times.

B. The board of visitors of every public institution of higher education shall adopt and implement policies such that the annual total compensation provided to any coach of an intercollegiate athletic team shall not include more than $300,000 of state funding.