(a) As used in this section:
(1) “Event” means a competition event that uses lands owned by the state that are under the jurisdiction of the commission.
(2) “Prize compensation” includes prize or purse money, other prizes, goods, or other compensation.
(b) The commission, for any event that awards prize compensation to competitors in gendered categories, shall require as a condition of a lease that, for any participant level that receives prize compensation, the prize compensation for each gendered category be identical at each participant level. The commission shall not approve a lease for an event that does not comply with this condition.