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