Affirms student-athletes' rights to engage in name, image, and likeness activities for compensation. Requires the University of Hawaii to adopt policies governing institutional name, image, and likeness agreements and other aspects of name, image, and likeness activity consistent with federal law, rules by an intercollegiate athletics governing body such as the National Collegiate Athletic Association, and Title IX. Allows student-athletes to retain professional representation for the purpose of name, image, and likeness activities. Establishes certain transparency and accountability requirements in the administration of institutional name, image, and likeness activities. Provides protections and educational support for student-athletes who enter into name, image, and likeness agreements. Establishes an endowment fund for the name, image, and likeness program. Appropriates funds into the endowment fund. Sunsets 6/30/2030. (CD1)