This bill proposes comprehensive updates to Idaho's public utilities regulations by repealing several outdated sections of the Idaho Code, specifically those related to the transportation of persons and property, street railroads, and express corporations. The bill repeals Sections 61-106, 61-107, 61-108, 61-109, 61-112, 61-304, 61-309, 61-310, 61-311, 61-312, 61-315A, 61-322, and 61-326. It also amends various sections, including 61-201, 61-208, 61-305, 61-307, 61-308, 61-313, 61-314, 61-402, 61-502, and 61-503, to modernize provisions regarding the Idaho Public Utilities Commission, including new office hours and updated requirements for public utilities to file schedules of rates and charges.

Additionally, the bill replaces the terms "fares" and "tolls" with "rentals" in several sections and introduces provisions for a universal service fund to support telecommunications services, financed through a surcharge on end users. It enhances the commission's authority to investigate and suspend proposed rate increases, ensuring that any changes are justified. The bill also specifies procedures for public utilities regarding returns and fee payments, emphasizing transparency and accountability in the management of funds. The act is set to take effect on July 1, 2025, following an emergency declaration.

Statutes affected:
Bill Text: 61-106, 61-107, 61-108, 61-109, 61-112, 61-201, 61-208, 61-304, 61-305, 61-307, 61-308, 61-309, 61-310, 61-311, 61-312, 61-313, 61-314, 61-315A, 61-322, 61-326, 61-402, 61-502, 61-503, 61-504, 61-506, 61-530, 61-622, 61-637, 61-638, 61-1003, 61-1005, 62-610F, 62-623