The one big thing the Act would grant the NCAA (i.e., the Universities themselves) is an Anti-Trust Exemption - which only the Federal Government can grant as the Federal Government governs Intrastate Commerce exclusively (and NCAA Football due to Conferences and programs crossing State lines as well as the massive media rights contracts involved as well as "revenue sharing" with athletes most definitely falls within Interstate Commerce and its Federal Laws). To this point, State courts could challenge NCAA Rules that restricted competitiveness. With the Federal Anti-Trust Exemption and the Federal Act Granting it, State courts are powerless to challenge the NCAA Rules which restrict free agency and anti-competitive rules for athletes services. State courts have only been able to do it to this point because their contention was that the NCAA was breaking Federal Anti-Trust Law when their rules were anti-competitive in regards to athletes services (which was true when the NCAA did not possess a Federal Anti-Trust Exemption, but will no longer be true if this bill passes). Suits brought in a State Court will be thrown out due to the fact that they are in the wrong venue and the Court has no jurisdiction over the topic.