The bill proposes the enactment of the "Agreement Among the States to Elect the President by National Popular Vote," allowing states to join in a collective agreement to elect the President and Vice President of the United States through a nationwide popular vote. It outlines the process for states to become member states, mandates a statewide popular election for the presidential candidates, and establishes a method for appointing presidential electors based on the national popular vote totals. The bill also includes provisions for the agreement to take effect once a majority of electoral votes are represented by member states, as well as procedures for withdrawal from the agreement and notification among states regarding its enactment and effectiveness.

Key insertions in the bill include definitions of terms such as "Chief election official," "Chief executive," and "Statewide popular election," which clarify the roles and processes involved in the election. The bill also specifies that if a member state withdraws from the agreement, the withdrawal will not take effect until a new President or Vice President is qualified to serve. Additionally, it includes a severability clause, ensuring 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.