The Ranked Choice Voting Act mandates the use of ranked choice voting (RCV) for all federal elections involving Senators and Representatives, encompassing primary, special, and general elections. Congress asserts its constitutional authority to regulate the time, place, and manner of these elections. This system allows voters to rank candidates in order of preference, with ballots tabulated in rounds to determine a winner. States must design ballots that enable voters to rank at least five candidates or the total number of candidates if fewer than five. A key provision prohibits separate runoff elections for federal offices, as the RCV tabulation process inherently identifies a majority winner. For nonpartisan blanket primaries, states may advance at least three candidates to the general election. The bill details a multi-round tabulation process where votes are initially counted for the highest-ranked active candidate. In subsequent rounds, the candidate with the fewest votes is eliminated, and their votes are transferred to the next-ranked active candidate on each ballot until only two or fewer candidates remain, with the highest vote-getter declared the winner. Specific rules address undervotes, inactive ballots, and skipped or repeated rankings, and ties are resolved by lot or state law. To facilitate implementation, the Act authorizes federal payments to states by June 1, 2026, based on registered voter counts, ranging from $4 to $8 per capita. These funds are designated for various costs associated with RCV, such as voting equipment and software updates, ballot design and printing, election official training, processing and tabulation, and voter information and education. The legislation includes robust civil enforcement mechanisms, allowing the Attorney General or aggrieved individuals to bring civil actions in federal court, with expedited judicial review. It explicitly states that the Act does not affect state or local elections and will apply to federal elections held on or after January 1, 2030.