A proposed bill would place Florida’s special tax district under state control.
“Disney is no longer going to have self-government; they’re not going to have their own government,” DeSantis said. “Disney’s going to pay its fair share of taxes and Disney’s going to honor the debt and that’s exactly what this proposed piece of legislation will do.”
The legislation’s fate will be determined during a special session that began earlier this week and is expected to last for 12 days. DeSantis has targeted Disney for months after company executives publicly bashed the state’s passage of the Republican-backed “Don’t Say Gay” law.“We are monitoring the progression of the draft legislation, which is complex given the long history of the Reedy Creek Improvement District,” Jeff Vahle, president of Walt Disney World Resort said in a statement earlier this week.
“Disney works under a number of different models and jurisdictions around the world, and regardless of the outcome, we remain committed to providing the highest quality experience for the millions of guests who visit each year,” Vahle added.The fight over the special district is another headache for Disney, which is attempting to right itself after a lengthy stock slide.
Disney CEO Bob Iger announced plans for 7,000 layoffs as part of a sweeping cost-cutting plan at the company.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
DeSantis vs. Disney: Florida governor declares 'there's a new sheriff in town'Florida Gov. Ron DeSantis swiped at Disney again on Wednesday morning, telling reporters at a press conference that there's a 'new sheriff in town.'
Read more »
A new bill in Florida would give the governor control of Disney's governing districtGov. Ron DeSantis would take control over the board of a special governing district Disney World operates in Florida under a bill introduced Monday, as the Republican governor punishes the company over its opposition to the so-called 'Don't Say Gay' law.
Read more »
Disney faces losing control of its kingdom with Florida billDisney’s government in Florida has been the envy of any private business, with its unprecedented powers in deciding what to build and how to build it at Walt Disney World.
Read more »
Florida lawmakers file bill to change powers of Disney Reedy Creek district - Jacksonville Business JournalThe Reedy Creek Improvement District board, name and powers all have been revamped in a new 2023 bill filed Feb. 6.
Read more »
Florida lawmakers file bill to change powers of Disney Reedy Creek district - Jacksonville Business JournalThe Reedy Creek Improvement District board, name and powers all have been revamped in a new 2023 bill filed Feb. 6.
Read more »
Disney faces losing control of its kingdom with Florida billDisney’s government in Florida has been the envy of any private business, with its unprecedented powers in deciding what to build and how to build it at Walt Disney World.
Read more »