RJ Hawk wrote and filed a bill pertaining to raffles for fundraising NIL in the state of Arkansas. Provided some Cliffs, but can also read the bill in its entirety.
Cliffs:
- Universities and affiliated nonprofits can use raffles for NIL plus other purposes
- Affiliated nonprofit is a 501(c)(3) created with the purpose of raising money for that university's athletics (NIL collective)
- Raffle can be online, website, or app, on the grounds of the University or Collective, and based on official sporting event between the University and another University
- Funds raised can go to athletes, construction of athletic facilities, scholarships, general athletics support, etc.
- Casinos can't be an operator or administer the raffle on behalf of the University
