Florida Gov. Ron DeSantis signed into law a bill that would terminate Disney's ability to self-govern the land housing its Orlando theme parks. Here's what to know about the new tax bill.
Since 1967, the Florida land housing Disney’s theme parks has been governed by the company, allowing it to manage Walt Disney World with little red tape. WSJ’s Robbie Whelan explains the special tax district that a Florida bill would eliminate. Photo: APbill that would terminate a special tax district
that has allowed Walt Disney Co. to self-govern the land that houses its Orlando-area theme parks, hotels and resorts. Mr. DeSantis pushed for the law, which was passed by the GOP-led Senate 23-16 and a day later by the state’s House, 70-38.In pushing for the law, Mr. DeSantis specifically cited the company’s opposition to a separate bill—Florida’s Parental Rights in Education bill—which the
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