Let Kids Play Act

Protection from Unfair Fees: The bill prohibits the imposition of "junk fees" or hidden charges that are mandatory, excessive, or not clearly disclosed, which protects families from unexpected costs during registration (Section 3(b)(4)).

Preservation of Competition and Choice: It prevents investors from using exclusivity requirements or non-compete clauses that limit a participant's ability to join competing tournaments or use different technology platforms (Section 3(b)(5)).

Data and Privacy Protections: The Act prohibits covered firms from claiming or transferring intellectual property rights to athlete biometrics, performance data, or family financial records (Section 3(b)(6)).

Financial Stability for Sports Entities: By prohibiting practices that convert entities into high-risk businesses through job cuts or reduced quality, the bill aims to protect the operational integrity of sports organizations (Section 2(13)(E)).

Community Reinvestment: The creation of a Youth Sports Fund allows money collected from legal actions to be used for reducing participation costs, supporting free community access, and increasing scholarships (Section 8).

Accountability for Safety and Labor: The bill holds investors jointly and severally liable for legal judgments and safety infractions, including child safety and labor violations (Section 7).

Strict Liability and High Penalties for Certification: Individuals executing certifications face strict liability for material misstatements, including a civil penalty of at least $1,000,000 and potential criminal penalties such as fines or imprisonment (Section 4(c)).

Mandatory Divestiture Requirements: The Act requires vulture investors to unwind ownership stakes and return assets, which could involve complex legal processes and the removal of management personnel (Section 5(a)).

Potential Economic Disruptions via Divestiture: The government reserves the right to block divestitures if they are determined to harm competition or result in financial insolvency (Section 5(b)(5)).