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Kevin Hern: “Universities are looking more like sports programs wrapped…”

Featuring: Kevin Hern, Republican | U.S. House Oklahoma, 1st Congressional District

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'What's The Penalty?': Kevin Hern Asks Expert About Penalties For Incorrect NIL Tax Filing

Published | Video Starts at 00:50

On average they should feel pretty good. But it's looking pretty obvious that as these get into businesses where students are making, you know, upwards $20 million in IL money, that these Universities are looking more like sports programs wrapped in some educational ideas to continue their tax-exempt status. And Mr. Madden, you spoken earlier in your conversation. I don't remember if it was right in your opening statement where you talked about standing the test of the 20 … (00:50–01:10)

CLAIM

Asserts that universities are using educational programs to maintain tax-exempt status while operating like sports programs.

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