The bill aims to regulate professional boxing and enhance boxer safety by establishing unified boxing organizations, mandating safety requirements like medical examinations and ambulance provisions, and implementing anti-doping measures. It also addresses contract provisions, conduct policies, and financial responsibilities for unified boxing organizations, as well as regulations for judges, referees, and disclosures. The bill seeks to amend the Professional Boxing Safety Act of 1996 to ensure industry standards, including physician presence at ringside, health insurance for boxers, minimum payments, and drug testing procedures. If enacted, the amendments would become effective 180 days after the bill's enactment.