Community Development Modifications

Added a requirement for agencies to confirm with the county that a participant is not delinquent on property taxes or subject to liens before providing funding.

Added authority for agencies to use funding to pay a participant's delinquent property taxes, privilege taxes, or resolve political subdivision liens.

Changed the effective date of the bill from May 7, 2025, to February 12, 2025.

Updated the House Sponsor name from 'LONG TITLE' to 'Bridger Bolinder' and adjusted section numbering and definitions to reflect recent legal changes.

Authorizes the Utah Inland Port Authority to provide general differential revenue to non-profit housing funds to assist low-income individuals and families achieve homeownership within a 15-mile radius of project areas.

Authorizes county treasurers, in consultation with community reinvestment agencies, to use funding that would otherwise be distributed to private participants to resolve past-due property taxes, privilege taxes, or political subdivision liens.

Modifies allowable uses of agency funds to include paying for delinquent participant taxes and resolving political subdivision liens under specific conditions.

Requires participation agreements to include provisions allowing agencies to use funding to pay a participant's delinquent property tax, privilege tax, or resolve political subdivision liens.

Requires agencies to confirm with the county that a participant is not delinquent on taxes or subject to liens before providing funding under participation agreements.

Allows agencies to provide tax increment funding directly to counties or political subdivisions to pay delinquent taxes or resolve liens instead of providing it to participants with outstanding obligations.

Updates and reorganizes definitions in Title 17C to clarify terms related to housing allocations, participation agreements, and project area development.

Makes technical and conforming changes to bill formatting and code section references.