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No Foreign NIL Funds Act
2/23/2026, 10:30 PM
Summary of Bill HR 7403
The bill titled "To prohibit foreign investment in relation to name, image, and likeness agreements, and for other purposes," designated as H.R. 7403 in the 119th Congress, was introduced on February 5, 2026. The bill aims to restrict foreign investment concerning name, image, and likeness agreements, with additional undisclosed provisions or actions outlined within the text of the bill.
Read the Full Bill
Current Status of Bill HR 7403
Bill HR 7403 is currently in the status of Bill Introduced since February 5, 2026. Bill HR 7403 was introduced during Congress 119 and was introduced to the House on February 5, 2026. Bill HR 7403's most recent activity was Referred to the Committee on Education and Workforce, and in addition to the Committee on Foreign Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. as of February 5, 2026
Bipartisan Support of Bill HR 7403
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
1Democrat Cosponsors
1Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 7403
Primary Policy Focus
Sports and RecreationAlternate Title(s) of Bill HR 7403
To prohibit foreign investment in relation to name, image, and likeness agreements, and for other purposes.
To prohibit foreign investment in relation to name, image, and likeness agreements, and for other purposes.
Comments
Sponsors and Cosponsors of HR 7403
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