# 119-s-3378: HUSTLE Act

119-s-3378, HUSTLE Act, is a 119th Congress bill sponsored by Sen. Blackburn, Marsha [R-TN] (R-TN); status introduced; PRIA reads it as touching household money (as of 2026-07-22).

- Canonical: https://policyrisk.com/legislation/119-s-3378
- As of: 2026-07-22
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-s-3378
- Congress: 119
- Title: HUSTLE Act
- Status: introduced
- Introduced: 2025-12-04
- Sponsor: Sen. Blackburn, Marsha [R-TN] (R-TN)
- Cosponsors: 4
- Policy area: Taxation
- Touches household money: yes
- Last recorded action: 2026-07-22

## Summary

**NIL investment accounts** would let college athletes park qualified name, image, and likeness earnings in special U.S. trusts with unique tax and rollover rules, and the bill would also tighten agent registration and fee limits. It sets contribution windows, tax elections on contributions, and different tax treatments for distributions depending on timing and purpose. - Athletes and families: Athletes could elect to exclude qualified NIL income contributed to an account from gross income. Contributions are limited to a five-year window after first receiving NIL income and a yearly cap tied to the section 2503(b) dollar amount. - Agents and institutions: Prospective agents must register with a State and certify that registration to athletic associations. Agent fees for endorsement contracts are capped at 5 percent and associations must keep public registries and link to the Commission. - Rights and enforcement: Student athletes would gain a federal and state private right of action for most violations of the sports agent rules. The bill forbids pre-dispute arbitration and pre-dispute joint-action waivers for those claims.

## Cosponsors (4)

- Sen. Cantwell, Maria [D-WA] (D-WA), 2025-12-04T00:00:00.000Z
- Sen. Cornyn, John [R-TX] (R-TX), 2025-12-09T00:00:00.000Z
- Sen. Coons, Christopher A. [D-DE] (D-DE), 2026-03-09T00:00:00.000Z
- Sen. Warner, Mark R. [D-VA] (D-VA), 2026-07-20T00:00:00.000Z

## Provisions PRIA read

- Stronger agent rules for student athletes: benefit, medium. If enacted, the bill would require agents to register with a State before representing a student athlete for endorsements. Athletic associations would have to keep a public, searchable list of registered agents and link to the Commission. Agent fees for endorsement contracts would be capped at 5% o…
- New NIL tax accounts for student athletes: mixed, high. If enacted, the bill would create an NIL investment account, a U.S. trust run by banks or approved fiduciaries to hold cash NIL earnings. You would be able to elect to exclude NIL income you put into the account from gross income in the year you contribute. Contributions would be limited each year…

## Related bills

- 119-s-1071: National Defense Authorization Act for Fiscal Year 2026
- 119-s-4744: Take Care of America’s Veterans Act
- 119-s-1241: Sanctioning Russia Act of 2025
- 119-s-237: Honoring Our Fallen Heroes Act of 2025
- 119-s-524: Coast Guard Authorization Act of 2025
- 119-s-1816: Improving Seniors’ Timely Access to Care Act of 2025

## Sources
- [119-s-3378 on Congress.gov](https://www.congress.gov/bill/119th-congress/senate-bill/3378)

## Related
- [119-s-1071: National Defense Authorization Act for Fiscal Year 2026](https://policyrisk.com/legislation/119-s-1071)
- [119-s-4744: Take Care of America’s Veterans Act](https://policyrisk.com/legislation/119-s-4744)
- [119-s-1241: Sanctioning Russia Act of 2025](https://policyrisk.com/legislation/119-s-1241)
- [119-s-237: Honoring Our Fallen Heroes Act of 2025](https://policyrisk.com/legislation/119-s-237)
- [119-s-524: Coast Guard Authorization Act of 2025](https://policyrisk.com/legislation/119-s-524)
- [119-s-1816: Improving Seniors’ Timely Access to Care Act of 2025](https://policyrisk.com/legislation/119-s-1816)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-s-3378 (as of 2026-07-22).