NCAA Says Pennsylvania Wants to Filch Its $60 Million Child Abuse Endowment
NCAA Says Pennsylvania Wants to Filch Its $60 Million Child Abuse Endowment
HARRISBURG, Pa. (CN) - Pennsylvania on Wednesday passed a law intended to steal $60 million from a Penn State University fund to help victims of child sex abuse and dump it into the state treasury, the NCAA claims in Federal Court.
The National Collegiate Athletic Association sued Gov. Thom Corbett Jr. and three other state officials, claiming the state's money-grab, "Act No. 1 of 2013," violates the Constitution's Contracts and Commerce Clauses.
The money stems from Penn State's settlement of the Jerry Sandusky sex abuse scandal.
Pennsylvania calls its new law the Institution of Higher Education Consent Decree Endowment Act aka "the Act of February 20, 2013, Act No. 1 of 2013." It allows the state to grab the $60 million that Penn State will put into the fund for victims of child abuse, and give it to the defendant state treasurer. The NCAA filed its lawsuit the day the act was codified into law.
http://www.courthousenews.com/2013/02/21/55034.htm
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