Senate Bill No. [number] aims to remove the right of first refusal for incumbent electric utilities in Montana. The bill proposes the repeal of two specific sections of the Montana Code Annotated: Section 69-5-201, which contains definitions related to this right, and Section 69-5-202, which outlines the right of first refusal itself.

Additionally, the bill includes a provision for an immediate effective date, meaning that the changes will take effect as soon as the bill is passed and approved. This legislative change is intended to alter the current framework governing electric utilities in the state, potentially fostering a more competitive environment in the energy sector.