Prohibiting certain private equity and sovereign wealth fund agreements in intercollegiate athletics.

 S-3740.1

SENATE BILL 6235

State of Washington

69th Legislature

2026 Regular Session

By Senators Holy, Boehnke, Dozier, J. Wilson, Riccelli, McCune, Warnick, Hasegawa, and Nobles

Read first time 01/20/26. Referred to Committee on Higher Education & Workforce Development.

AN ACT Relating to prohibiting certain private equity and sovereign wealth fund agreements in intercollegiate athletics; amending RCW 28B.10.703 ; and creating new sections.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:

NEW SECTION. Sec. 1. (1) The legislature finds that intercollegiate athletics are conducted under the auspices of nonprofit institutions of higher education and, when properly governed, promote student development, campus life, community identity, and broad public engagement in education, benefits that constitute a public good aligned with the educational missions those institutions are chartered to serve.

(2) The legislature further finds that intercollegiate athletics generate hundreds of millions of dollars in revenue annually through national media contracts, sponsorships, and ticket sales within our state, creating a significant impact on our commerce.