Establishes a name, image, and likeness endowment fund for University of Hawaii student-athletes.

This bill creates a name, image, and likeness endowment fund to compensate University of Hawaii student-athletes. The fund will be administered by the university and will receive an initial appropriation of $5,000,000, matched dollar-for-dollar by the university from funds raised for name, image, and likeness. The fund will also receive revenues raised by university athletics for name, image, and likeness and interest on the fund's corpus.

Establishes a name, image, and likeness endowment fund for University of Hawaii student-athletes.

This bill creates a name, image, and likeness endowment fund to compensate University of Hawaii student-athletes. The fund will be administered by the university and will receive an initial appropriation of $5,000,000, matched dollar-for-dollar by the university from funds raised for name, image, and likeness. The fund will also receive revenues raised by university athletics for name, image, and likeness and interest on the fund's corpus.