1. Short title This Act may be cited as the Protecting Athletes, Schools, and Sports Act of 2023 . 2. Definitions In this Act: (1) Agent The term agent means an athlete agent (as defined in section 2 of the Sports Agent Responsibility and Trust Act ( 15 U.S.C. 7801 )). (2) Athletic department The term athletic department means a department at an institution of higher education that sponsors or conducts 1 or more varsity intercollegiate athletics programs in which student athletes enrolled at the institution of higher education compete in athletic contests against student athletes enrolled at another institution of higher education. (3) Booster The term booster means any individual or entity that has— (A) provided a donation— (i) to an institution of higher education to obtain season tickets for any sport; or (ii) to support the athletics program at an institution of higher education; (B) participated in or has been a member of an organization promoting in any way the varsity intercollegiate athletics programs of an institution of higher education; or (C) made a financial contribution to the athletic department, athletics foundation, collective, or booster organization affiliated with an institution of higher education. (4) Compensation The term compensation — (A) means any monetary or in-kind payment to a student athlete; and (B) does not include— (i) grant-in-aid; (ii) funds from any student assistance fund or academic enhancement fund affiliated with an institution of higher education that are available and distributed without regard to athletic ability for the purposes of assisting student athletes in meeting their financial needs, improving the welfare of student athletes, providing academic support for student athletes, or recognizing the academic achievement of student athletes, including by providing— (I) postgraduate scholarships; (II) school supplies; (III) benefits, such as travel expenses for student athletes, clothing, and magazine subscriptions