Various provisions governing telephone company regulation, facilities and property, pricing plans, service classification, and reporting requirements.

Telecommunications carriers are now explicitly exempt from rate-of-return investigations and section 237.22 requirements, with their regulatory obligations limited to specific compliance areas.

Owners of coin-operated phones are no longer required to post toll-free numbers for pricing information, though they must still provide 911 access and relay service access.

Promotional offers for telecommunications services no longer need to be made available to other carriers for resale, giving providers more flexibility in marketing.

The telephone assistance plan administration was updated to require Social Security numbers on applications and clarified that applicants refusing to provide them will be denied credits.

The definition of 'telecommunications carrier' was updated to clarify that they are subject to regulation only to the extent specified in the new statute.

Several repealed statutes were removed from the bill text, and the bill structure was reorganized from an 'Introduction' to a '1st Engrossment' with updated posting dates.