; or (C) a name that the college athlete uses to identity the college athlete. (19) Reporting year The term reporting year means the time period covered by a report submitted by an institution of higher education under section 485(g) of the Higher Education Act of 1965 ( 20 U.S.C. 1092(g) ). (20) Third party The term third party means an individual or entity other than an institution of higher education, a conference, or an intercollegiate athletic association. 3. College athlete rights and protections (a) Right To market name, image, likeness, or athletic reputation (1) In general Subject to a limitation pursuant to paragraph (3), an institution of higher education, an intercollegiate athletic association, or a conference may not restrict the ability of college athletes, individually or as a group, to market the use of their names, images, likenesses, or athletic reputations. (2) Group licensing A person may not use the name, image, likeness, or athletic reputation of any member of a group described in paragraph (1) to sell or promote any product unless the person obtains a license from the group for that purpose. (3) Certain State limitations permitted (A) In general Notwithstanding paragraph (1), a State may prohibit college athletes residing in the State from entering into endorsement contracts with entities in a particular industry if the State also prohibits institutions of higher education located in the State from entering into agreements with such entities. (B) Notification of college athletes An institution of higher education shall provide to each college athlete enrolled at the institution of higher education a list of entities with which institutions of higher education and college athletes are prohibited from entering into endorsement contracts pursuant to subparagraph (A). (4) Institution of higher education agreements with third parties In conjunction with an endorsement contract of a college athlete enrolled at a particular institution of higher education, such institution of higher education may