Florida’s Senate Passes Bill To End Disney’s Self Governance

Florida’s Senate Passes Bill To End Disney’s Self Governance

Florida’s Republican-led Senate passed a bill on Wednesday that eliminates a special taxing district that allows Walt Disney Co. to govern the land where its theme park is located.

“The measure potentially delivers a blow to the company’s operations in the state,” The Wall Street Journal reported. “The special district, created in 1967 and known as the Reedy Creek Improvement District, exempts Disney from a host of regulations and certain taxes and fees related to emergency services and road maintenance.”

 

Florida’s Senate Passes Bill To End Disney’s Self Governance

Florida’s Senate Passes Bill To End Disney’s Self Governance