Update: The Senate filibuster reform package

Here's a copy of the filibuster reform resolution that Senate Democrats will introduce later today, sent over by an aide to Tom Udall, one of the key Senators driving this campaign.

While the broad outlines of the proposal were already public, the details were being debated by Senators Udall, Jeff Merkley, Tom Harkin and Amy Klobuchar until as late as yesterday. The actual resolution is important, because it will serve as a jumping off point for the debate over reform that will unfold over the next couple of weeks.

Here's a summary of the main items, also provided by a Udall aide:

Clear Path to Debate: Eliminate the Filibuster on Motions to Proceed

Makes motions to proceed not subject to a filibuster, but provides for two hours of debate. This proposal has had bipartisan support for decades and is often mentioned as a way to end the abuse of holds.

Eliminates Secret Holds

Prohibits one Senator from objecting on behalf of another, unless he or she discloses the name of the senator with the objection. This is a simple solution to address a longstanding problem.

Right to Amend: Guarantees Consideration of Amendments for both Majority and Minority

Protects the rights of the minority to offer amendments following cloture filing, provided the amendments are germane and have been filed in a timely manner.

This provision addresses comments of Republicans at last year's Rules Committee hearings. Each time Democrats raised concerns about filibusters on motions to proceed, Republicans responded that it was their only recourse because the Majority Leader fills the amendment tree and prevents them from offering amendments. Our resolution provides a simple solution — it guarantees the minority the right to offer germane amendments.

Talking Filibuster: Ensures Real Debate

Following a failed cloture vote, Senators opposed to proceeding to final passage will be required to continue debate as long as the subject of the cloture vote or an amendment, motion, point of order, or other related matter is the pending business.

Expedite Nominations: Reduce Post-Cloture Time

Provides for two hours of post-cloture debate time for nominees. Post cloture time is meant for debating and voting on amendments — something that is not possible on nominations. Instead, the minority now requires the Senate use this time simply to prevent it from moving on to other business.

More in a bit.

UPDATE: Here's some more intel from Senate aides on how Harry Reid views the way forward on reform.