The main purpose of this legislation, known as the "Freedom to Frack Act," is to limit federal funding to states that have laws banning hydraulic fracturing, commonly referred to as "fracking." The objective is to encourage states to allow this method of extracting oil and natural gas by tying financial support from the federal government to their policies on fracking. Key provisions of the legislation state that any state that prohibits hydraulic fracturing will not be eligible for certain federal grants.