Pinellas Park Opts Out of 'Live Local Act' Property Tax Exemption
December 12, 2024
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The Frame
This decision ensures that specific affordable housing projects in Pinellas Park will continue to pay city property taxes rather than receiving the tax exemption offered by the state's .
Potentially affected actors named in the source documents. Mention is not a position.
Property owners of affordable housing developments
These owners will remain liable for city property taxes that they might have otherwise been exempt from under the Live Local Act.
Pinellas Park taxpayers
The city will continue to collect property tax revenue from properties that would have been exempt under the state program.
Last recorded activity December 12, 2024.
Next step not available in the current record.
Summary
Why It Matters
This decision ensures that specific affordable housing projects in Pinellas Park will continue to pay city property taxes rather than receiving the tax exemption offered by the state's .
Key Facts
- The City Council passed Resolution No. 24-33.
- The city is formally electing to not grant the property tax exemption described in Section 196.1978(3)(D)1.A. of the Florida Statutes.
- The exemption being declined is commonly known as the 'Live Local Act Property Tax Exemption.'
- The resolution was passed during a public hearing on December 3, 2024.
- The action was presented by Long Range Planning Manager Derek Reeves.
Frequently Asked Questions
What is the Live Local Act?
Does this resolution mean affordable housing will not be built in Pinellas Park?
What does 'electing to not exempt' mean?
News Coverage
Sponsors
Discoveries
Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.
Local Opt-Out Trend
The city is utilizing a specific 'opt-out' provision provided by the state legislature to maintain local control over property tax exemptions.
Connected Entities
Sources
webapi.legistar.com
Analysis Score
0–100- Significance65How much this matters to a regular citizen
- Controversy40Intensity of disagreement among stakeholders
- Entertainment5Compellingness for a non-policy-wonk reader
- Buzz20Current news / social attention level
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