Amends existing law to revise terminology, to provide clarification regarding competitive circumstances; and to revise provisions regarding notice.

The purpose of this legislation is to provide clarification of the original legislative intent of the Idaho Equipment Dealer Protection Statute by prohibiting suppliers from substantially changing the dealer's competitive circumstances without good cause. This legislation also adds clarity to ensure that persons interpreting this statute understand that the terms of a dealer agreement do not impact the determination of whether there has been a substantial change in the dealer's competitive circumstances.