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Toward the end of your piece, you wrote:

The legislation (in the form of an interstate compact) would take effect only when enacted, in identical form, by states possessing a majority of the electoral votes—that is, enough electoral votes to elect a President (270 of 538).

I would add another explanatory sentence here, that fleshes out the implications of the delayed enactment. Something like: Until that time, participating states would continue to allocate their electoral votes as they do now.