This bill amends Chapter 6, Title 48 of the Idaho Code by adding a new section, 48-603H, which establishes consumer protections specifically for veterans benefits. It defines key terms such as "compensation" and "veterans benefits matter," and prohibits individuals from receiving compensation for veterans benefits matters unless they are accredited by the United States Department of Veterans Affairs or are acting as agents or attorneys. Additionally, it requires that any non-accredited individuals seeking compensation must enter into a written fee agreement that stipulates compensation is contingent on an increase in benefits awarded, with a cap on fees.

The bill also mandates that individuals receiving compensation provide a clear disclosure to consumers about the nature of their services and the availability of free services from accredited organizations. It includes provisions to protect veterans' personal information, such as prohibiting the use of international call centers for processing personal data and requiring background checks for individuals accessing sensitive information. Furthermore, it specifies that no compensation can be received for services related to claims filed within one year of a veteran's active-duty release unless the veteran acknowledges their choice to forgo free services. The act is set to take effect on July 1, 2026, due to an emergency declaration.