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, including the determination of vote totals and the certification of electors. It also specifies that the agreement will take effect once states collectively holding a majority of electoral votes have enacted it, and it allows for member states to withdraw under certain conditions.

Additionally, the bill includes provisions for notifying other states when a member state enacts the agreement or withdraws from it, and it establishes definitions for key terms such as "chief election official" and "presidential slate." The agreement will terminate if the electoral college is abolished, and it includes a severability clause to ensure that if any part of the agreement is deemed invalid, the remaining provisions will still stand. The act is set to take effect on July 1, 2025.