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Oldsmar council opts out of 80–120% AMI 'missing middle' tax exemption
Summary
Following staff recommendation, council approved Resolution 2025‑27 to opt out of providing the 80–120% AMI 'missing middle' property tax exemption under House Bill 7073, aligning the city with county-level opt‑out procedures; staff said the county meets required statistical thresholds.
The Oldsmar City Council on Dec. 2 adopted Resolution 2025‑27 to opt out of offering the 80–120% AMI property tax exemption created by the state’s Live Local Act (House Bill 7073) for qualifying missing‑middle developments. City staff explained that to qualify for a local opt‑out, the jurisdiction must show the number of affordable units in the 80–120% AMI band exceeds the number of households at that income level based on the latest Schoenberg Center report, and that a two‑thirds vote is required when the local jurisdiction acts independently. Because Pinellas County meets the reference thresholds for county opt‑out, staff recommended the city align with the county decision.
Staff recommended approval and the council adopted the resolution by voice vote. City documents indicate the county‑level statistical determination and the annual requirement to adopt an opt‑out before the end of the calendar year will continue to be presented annually.
The resolution means the city will not locally grant the 80–120% AMI tier of the missing‑middle exemption for qualifying developments unless future conditions or legislative changes warrant revisiting the question.
