Puerto Rico Status Resolution Act - Authorizes the State Elections Commission of Puerto Rico to provide for a ratification vote on the admission of Puerto Rico as a state of the United States on an equal footing with the several states in all respects. Requires, if a majority of votes cast in the ratification vote are for the admission of Puerto Rico as a state: (1) the President to submit to Congress legislation to admit Puerto Rico as a state; and (2) Congress to act, through legislation, to admit Puerto Rico as a state.