Senate Bill No. introduced by W. Galt, D. Harvey, and G. Parry aims to remove the right of first refusal for incumbent electric utilities in Montana. The bill proposes the repeal of Sections 69-5-201, which contains definitions related to this right, and 69-5-202, which outlines the right of first refusal itself.

Additionally, the bill includes a provision for an immediate effective date upon passage and approval. This legislative change seeks to alter the current framework governing electric utilities in the state, potentially impacting competition and market dynamics within the energy sector.