Save Women’s Sports Act of 2023 This bill requires intercollegiate, intramural, or club athletic teams or sports that are sponsored by a public school or a public college or university or a non-public school or institution receiving federal financial assistance to have three categories based on biological sex at birth: males, females, and coed. The membership of athletic teams or sports designated solely for females shall only be open to biological females at birth. All federal financial assistance shall be terminated for failure to comply.