Details of the proposal per Reuters:
PHASE ONE
42-day ceasefire period
Hamas releases 33 Israeli hostages in return for Israel releasing Palestinians from Israeli jails.
Israel partially withdraws troops from Gaza and allows free movement of Palestinians from south to north Gaza.
PHASE TWO
- Another 42-day period that features an agreement to restore a "sustainable calm" to Gaza, language that an official briefed on the talks said Hamas and Israel had agreed in order to take discussion of a "permanent ceasefire" off the table.
- The complete withdrawal of most Israeli troops from Gaza.
- Hamas releases Israeli reservists and some soldiers in return for Israel releasing Palestinians from jail.
PHASE THREE
- The completion of exchanging bodies and starting the implementation of reconstruction according to the plan overseen by Qatar, Egypt and the United Nations.
- Ending the complete blockade on the Gaza Strip.
https://www.reuters.com/world/middle-east/three-phase-ceasefire-deal-hamas-backs-israel-does-not-2024-05-06/