Let Kids Play Act prohibits vulture investors from investing in youth sports.
The Let Kids Play Act aims to protect youth sports from exploitative practices by vulture investors. It prohibits vulture investors from investing in youth sports entities and bans vulture practices such as imposing debt, increasing junk fees, and restricting participation. Vulture investors must divest from youth sports entities within two years and face civil penalties for non-compliance. The Act also establishes a Youth Sports Fund to support youth sports initiatives. State attorneys general can bring actions on behalf of residents affected by violations.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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