Reps. Steube, Boyle Introduce HUSTLE Act to Help College Athletes Invest NIL Earnings and Build Long-Term Financial Security

This press release from Representative W. Gregory Steube (R-FL) was published on 2026-07-01 and titled "Reps. Steube, Boyle Introduce HUSTLE Act to Help College Athletes Invest NIL Earnings and Build Long-Term Financial Secu".

Reps. Steube, Boyle Introduce HUSTLE Act to Help College Athletes Invest NIL Earnings and Build Long-Term Financial Security

WASHINGTON — U.S. Representatives Greg Steube (R-Fla.) and Brendan Boyle (D-Pa.) today introduced the Helping Undergraduate Students Thrive with Long-Term Earnings (HUSTLE) Act, bipartisan legislation that would create first-of-its-kind tax-advantaged investment accounts allowing college athletes to grow their name, image, and likeness (NIL) earnings without federal income tax liability and build lasting financial security. This bill is led in the Senate by Senators Marsha Blackburn (R-Tenn.) and Maria Cantwell (D-Wash.).