The bill proposes the enactment of the "Agreement Among the States to Elect the President by National Popular Vote," allowing states to join this agreement by enacting it into law. It mandates that each member state conduct a statewide popular election for President and Vice President of the United States. The bill outlines the process for appointing presidential electors based on the national popular vote total, which is determined by the chief election officials of member states. It also establishes procedures for communication among states regarding the agreement's enactment and any withdrawals from it.

Additionally, the bill specifies that the agreement will take effect when states collectively possessing a majority of electoral votes have enacted it. It allows for member states to withdraw from the agreement under certain conditions and includes provisions for severability and definitions of key terms related to the electoral process. The effective date of the act is set for July 1, 2025.