ATHLETE AGENTS ACT House SponsorsRep. Emanuel Chris Welch 1/13/2021HouseSession Sine Die New Act Creates the Illinois Athlete Agents Act of 2021. Requires licensure of agents for student-athletes with the Department of Financial and Professional Regulation and establishes qualifications for licensure and requirements for athlete agents. Sets forth provisions concerning the powers and duties of the Department, grounds for disciplinary action, requirements for agency contracts subject to the Act, a student-athlete's right to cancel the contract, notice to educational institutions, injunctive actions, investigations, and hearings. Establishes recordkeeping requirements for athlete agents. Prohibits athlete agents from engaging in specified conduct, subject to criminal and civil penalties. Includes other provisions. Preempts home rule powers. Effective January 1, 2021. 10/29/2019HouseFiled with the Clerk by Rep. Emanuel Chris Welch 10/29/2019HouseFirst Reading 10/29/2019HouseReferred to Rules Committee 1/13/2021HouseSession Sine Die