The bill amends Chapter 3, Title 55 of the Idaho Code by adding a new section, 55-315, which establishes limitations on rental application fees charged by property owners or managers. Specifically, it prohibits charging rental application fees to more than two applicant households for a rental unit at the same time. Fees can only be charged if the property is available for rent or expected to be available within 60 days, and the property owner must disclose any criteria used to evaluate applicants, including aspects like criminal history and credit score. Additionally, the bill stipulates that fees can only be charged to legal adults within the applicant household and must be related to the actual costs of processing the application.

The legislation also allows for the charging of application fees to a new household if the first household's application is denied, maintaining the limit of two households charged concurrently. It clarifies that this section does not apply if no rental application fees are charged. The bill declares an emergency, making it effective on July 1, 2025.