Olene Walker Housing Loan Fund Amendments

This bill redirects 25% of annual liquor sales profits from Utah's Liquor Control Fund to the Olene Walker Housing Loan Fund. The housing fund, which supports income-targeted housing projects, will use these redirected revenues for grants and loans to preserve, rehabilitate, or build affordable housing. The change modifies existing transfer rules (amending Utah Code Sections 32B-2-301 and 35A-8-502) to require this annual allocation without new state appropriations. It directly affects the housing fund's funding stream and the affordable housing projects it finances.