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 application fees to more than two rental applicant households for a single rental unit at the same time. Fees can only be charged if the property owner or manager has a rental unit available or expected to be available within 60 days, and they must disclose the criteria for tenant acceptance prior to accepting applications. Additionally, the bill stipulates that application fees can only be charged to legal adults within the applicant household and must be related to the actual costs of processing the application and conducting background checks.

The legislation also allows property owners or managers to charge fees to subsequent applicants if the first household's application is denied, as long as the concurrent limit of two households is maintained. It clarifies that these provisions do not apply if no rental application fees are charged. The bill declares an emergency, making it effective from July 1, 2025.