Pa. Bill Would Keep Penn State's $60M Sandusky Fine In State

Law360, New York (January 30, 2013, 3:58 PM EST) -- The Pennsylvania Senate unanimously passed legislation Wednesday to keep within the state the $60 million fine the NCAA leveled at Pennsylvania State University last July over the Jerry Sandusky child molestation scandal.

Senate Bill 187, introduced by Sen. Jake Corman, R-Centre County, requires that when governing bodies impose monetary penalties of $10 million or more on certain institutions of higher education, those penalties be paid into endowments.

The NCAA, college sports’ governing body, slapped Penn State with the unprecedented $60 million fine last July as a...
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