Prohibits vulture investors from investing in youth sports and mandates divestiture for existing investments.

The Let Kids Play Act prohibits vulture investors from investing in youth sports entities. It mandates divestiture for firms already invested in youth sports as of the act's enactment. Vulture investors must divest within two years or face penalties. The act defines vulture practices and vulture investors, detailing prohibited activities such as imposing excessive fees or consolidating control over youth sports entities. The Federal Trade Commission and the Assistant Attorney General enforce the act, with authority to impose conditions, restrictions, and remedies.

Prohibits vulture investors from investing in youth sports and mandates divestiture for existing investments.

The Let Kids Play Act prohibits vulture investors from investing in youth sports entities. It mandates divestiture for firms already invested in youth sports as of the act's enactment. Vulture investors must divest within two years or face penalties. The act defines vulture practices and vulture investors, detailing prohibited activities such as imposing excessive fees or consolidating control over youth sports entities. The Federal Trade Commission and the Assistant Attorney General enforce the act, with authority to impose conditions, restrictions, and remedies.