The bill establishes the "Twentieth Amendment Section Four Panel" (referred to as the "Panel") consisting of 6 constitutional experts

The purpose of the Panel is to recommend model legislation to Congress to resolve any vacancy created by the death of a candidate in a contingent presidential or vice-presidential election, in accordance with the Twentieth Amendment

The Panel is required to submit an interim report to Congress within 1 year of all appointments being made, and a final report within 6 months of the submission of the interim report

The meetings of the Panel will be held at the Law Library of Congress, and they can gather necessary information from the Library. Members of the Panel will receive no compensation, and no additional funds will be appropriated except for the Law Library's responsibilities. The Panel will terminate 90 days after submitting the final report, and its records will be transferred to the Secretary of the Senate and the Clerk of the House of Representatives.